Nomura Holdings Inc. Purchases Shares of 15,889 Donaldson Company, Inc. (NYSE:DCI)

Nomura Holdings Inc. purchased a new stake in Donaldson Company, Inc. (NYSE:DCI) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 15,889 shares of the industrial products company’s stock, valued at approximately $1,070,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. IFP Advisors Inc increased its holdings in Donaldson by 94.5% in 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 last quarter. JPMorgan Chase & Co. increased its holdings in Donaldson by 7.1% in the 4th quarter. JPMorgan Chase & Co. now owns 470,602 shares of the industrial products company’s stock valued at $31,695,000 after acquiring an additional 31,064 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings 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 valued at $38,669,000 after acquiring an additional 158,487 shares during the last quarter. KBC Group NV increased its holdings 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 valued at $2,856,000 after acquiring an additional 39,659 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Donaldson by 26.8% in 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 acquiring an additional 13,620 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DCI has been the topic of a number of research reports. Stifel Nicolaus reduced 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. StockNews.com cut shares of Donaldson from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $71.33.

Donaldson Stock Performance

Shares of NYSE:DCI opened at $71.07 on Monday. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $78.95. The stock has a market capitalization of $8.49 billion, a P/E ratio of 20.66, a PEG ratio of 1.82 and a beta of 1.01. The firm has a fifty day simple moving average of $65.92 and a two-hundred day simple moving average of $69.48. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35.

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

Insider Buying and Selling

In other Donaldson news, Director James Owens sold 18,700 shares of the business’s stock in a transaction dated 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 completion of the sale, the director now directly owns 20,246 shares of the company’s stock, valued at $1,255,656.92. The trade was a 48.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Thomas R. Scalf sold 28,500 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the completion of the sale, the president now directly owns 28,334 shares of the company’s stock, valued at approximately $1,961,279.48. This trade represents a 50.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 76,700 shares of company stock valued at $5,164,799. Company insiders own 2.70% of the company’s stock.

About Donaldson

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.