D. E. Shaw & Co. Inc. Raises Holdings in Donaldson Company, Inc. (DCI)

D. E. Shaw & Co. Inc. increased its position in Donaldson Company, Inc. (NYSE:DCI) by 28.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,747 shares of the industrial products company’s stock after buying an additional 25,826 shares during the period. D. E. Shaw & Co. Inc. owned about 0.09% of Donaldson worth $5,066,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Highwater Wealth Management LLC purchased a new stake in Donaldson in the fourth quarter valued at approximately $27,000. Riverview Trust Co purchased a new stake in Donaldson in the fourth quarter valued at approximately $27,000. Penserra Capital Management LLC purchased a new stake in Donaldson in the fourth quarter valued at approximately $34,000. Enlightenment Research LLC purchased a new stake in Donaldson in the fourth quarter valued at approximately $48,000. Finally, Clean Yield Group purchased a new stake in Donaldson in the fourth quarter valued at approximately $52,000. 79.96% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded shares of Donaldson from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Donaldson presently has an average rating of “Hold” and a consensus target price of $55.25.

DCI traded up $0.55 during trading on Friday, hitting $53.55. 266,903 shares of the company’s stock were exchanged, compared to its average volume of 290,719. The company has a quick ratio of 1.61, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. Donaldson Company, Inc. has a 1 year low of $40.27 and a 1 year high of $59.43. The company has a market cap of $6.84 billion, a P/E ratio of 26.78, a P/E/G ratio of 2.12 and a beta of 1.43.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.04). Donaldson had a return on equity of 32.75% and a net margin of 10.82%. The business had revenue of $703.70 million for the quarter, compared to analysts’ expectations of $719.40 million. During the same quarter in the prior year, the firm earned $0.43 earnings per share. Donaldson’s quarterly revenue was up 5.9% compared to the same quarter last year. Research analysts anticipate that Donaldson Company, Inc. will post 2.33 earnings per share for the current year.

In other news, Director Willard D. Oberton sold 14,400 shares of the company’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $49.10, for a total value of $707,040.00. Following the completion of the transaction, the director now directly owns 33,172 shares in the company, valued at $1,628,745.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Douglas A. Milroy bought 560 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was purchased at an average price of $49.05 per share, with a total value of $27,468.00. Following the completion of the purchase, the director now directly owns 4,449 shares of the company’s stock, valued at approximately $218,223.45. The disclosure for this purchase can be found here. 1.35% of the stock is owned by insiders.

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Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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