Swiss National Bank Has $15.84 Million Position in Donaldson Company, Inc. $DCI

Swiss National Bank lowered its holdings in Donaldson Company, Inc. (NYSE:DCI) by 1.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 228,400 shares of the industrial products company’s stock after selling 2,900 shares during the period. Swiss National Bank owned approximately 0.20% of Donaldson worth $15,840,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Focus Partners Wealth lifted its position in Donaldson by 314.0% in the 1st quarter. Focus Partners Wealth now owns 57,028 shares of the industrial products company’s stock worth $3,824,000 after buying an additional 43,254 shares in the last quarter. Brandywine Global Investment Management LLC purchased a new stake in shares of Donaldson during the first quarter worth $4,849,000. Deutsche Bank AG boosted its position in Donaldson by 112.6% during the first quarter. Deutsche Bank AG now owns 27,570 shares of the industrial products company’s stock valued at $1,849,000 after purchasing an additional 14,603 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Donaldson in the second quarter valued at about $403,000. Finally, Voya Investment Management LLC grew its stake in Donaldson by 20.9% in the first quarter. Voya Investment Management LLC now owns 157,802 shares of the industrial products company’s stock valued at $10,582,000 after purchasing an additional 27,325 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Insider Buying and Selling

In other Donaldson news, President Guillermo Briseno sold 13,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total value of $1,066,905.00. Following the completion of the sale, the president owned 25,309 shares in the company, valued at approximately $2,000,170.27. This trade represents a 34.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.20% of the stock is currently owned by company insiders.

Donaldson Price Performance

NYSE DCI opened at $90.23 on Thursday. The stock has a 50-day simple moving average of $83.85 and a 200 day simple moving average of $76.52. Donaldson Company, Inc. has a twelve month low of $57.45 and a twelve month high of $90.94. The stock has a market capitalization of $10.45 billion, a PE ratio of 29.59, a P/E/G ratio of 1.98 and a beta of 1.01. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Tuesday, February 28th. The industrial products company reported $0.57 earnings per share for the quarter. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The company had revenue of $802.50 million during the quarter. Research analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $1.20 annualized dividend and a yield of 1.3%. Donaldson’s dividend payout ratio is 39.34%.

Wall Street Analysts Forecast Growth

DCI has been the subject of a number of recent research reports. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Stifel Nicolaus raised their price objective on shares of Donaldson from $84.00 to $90.00 and gave the company a “hold” rating in a research report on Monday. Robert W. Baird boosted their target price on shares of Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research note on Tuesday, October 14th. Finally, Morgan Stanley upgraded shares of Donaldson from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $72.00 to $84.00 in a report on Monday. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.33.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.