Chicago Equity Partners LLC reduced its position in Donaldson Company, Inc. (NYSE:DCI) by 62.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,370 shares of the industrial products company’s stock after selling 49,945 shares during the quarter. Chicago Equity Partners LLC’s holdings in Donaldson were worth $1,395,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Donaldson by 5.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,217 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 217 shares during the last quarter. Mosaic Family Wealth LLC grew its holdings in Donaldson by 5.1% in the second quarter. Mosaic Family Wealth LLC now owns 4,428 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 213 shares during the last quarter. Quantbot Technologies LP purchased a new position in Donaldson in the second quarter worth $207,000. Oppenheimer & Co. Inc. purchased a new position in Donaldson in the second quarter worth $209,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Donaldson by 12.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,692 shares of the industrial products company’s stock worth $214,000 after purchasing an additional 526 shares during the last quarter. 78.00% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have issued reports on DCI. Zacks Investment Research lowered shares of Donaldson from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $46.00 price target on shares of Donaldson in a report on Friday, October 27th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Donaldson in a report on Thursday, October 19th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $54.00 price target on shares of Donaldson in a report on Tuesday, October 3rd. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $47.00 price target on shares of Donaldson in a report on Friday, September 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.00.
Shares of Donaldson Company, Inc. (NYSE:DCI) opened at $46.39 on Tuesday. Donaldson Company, Inc. has a one year low of $39.49 and a one year high of $48.91. The company has a current ratio of 2.38, a quick ratio of 1.77 and a debt-to-equity ratio of 0.63. The company has a market cap of $6,012.00, a price-to-earnings ratio of 27.39, a PEG ratio of 2.23 and a beta of 1.19.
Donaldson (NYSE:DCI) last posted its quarterly earnings data on Thursday, September 7th. The industrial products company reported $0.51 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.02). Donaldson had a return on equity of 28.14% and a net margin of 9.81%. The company had revenue of $660.10 million for the quarter, compared to analyst estimates of $634.41 million. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The company’s quarterly revenue was up 11.2% on a year-over-year basis. research analysts predict that Donaldson Company, Inc. will post 1.87 EPS for the current fiscal year.
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Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.
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