4,818 Shares in Donaldson Company, Inc. (NYSE:DCI) Purchased by Tema Etfs LLC

Tema Etfs LLC bought a new position in Donaldson Company, Inc. (NYSE:DCI) during the fourth quarter, Holdings Channel reports. The firm bought 4,818 shares of the industrial products company’s stock, valued at approximately $324,000.

Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc grew its position in shares of Donaldson by 94.5% during the 4th quarter. IFP Advisors Inc now owns 2,745 shares of the industrial products company’s stock valued at $185,000 after acquiring an additional 1,334 shares during the period. JPMorgan Chase & Co. lifted its stake in Donaldson by 7.1% in the 4th quarter. JPMorgan Chase & Co. now owns 470,602 shares of the industrial products company’s stock worth $31,695,000 after purchasing an additional 31,064 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Donaldson by 38.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 574,146 shares of the industrial products company’s stock worth $38,669,000 after purchasing an additional 158,487 shares in the last quarter. KBC Group NV lifted its stake in Donaldson by 1,447.9% in the 4th quarter. KBC Group NV now owns 42,398 shares of the industrial products company’s stock worth $2,856,000 after purchasing an additional 39,659 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Donaldson by 26.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 64,501 shares of the industrial products company’s stock valued at $4,344,000 after buying an additional 13,620 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

Donaldson Trading Up 1.5%

Shares of NYSE DCI opened at $71.07 on Monday. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $78.95. The stock has a market cap of $8.49 billion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 1.82 and a beta of 1.01. The firm has a 50-day moving average of $65.92 and a 200 day moving average of $69.48. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). The business had revenue of $870.00 million for the quarter, compared to analysts’ expectations of $908.32 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. As a group, sell-side analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Insider Transactions at Donaldson

In other news, Director James Owens sold 18,700 shares of the company’s stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $62.02, for a total value of $1,159,774.00. Following the transaction, the director now owns 20,246 shares in the company, valued at approximately $1,255,656.92. This represents a 48.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Thomas R. Scalf sold 28,500 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the completion of the transaction, the president now owns 28,334 shares in the company, valued at approximately $1,961,279.48. This represents a 50.15% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 76,700 shares of company stock worth $5,164,799. Corporate insiders own 2.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. StockNews.com cut shares of Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. Stifel Nicolaus cut their price target on shares of Donaldson from $70.00 to $63.00 and set a “hold” rating on the stock in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Donaldson currently has a consensus rating of “Hold” and an average price target of $71.33.

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.