White Pine Capital LLC Has $1.37 Million Stock Holdings in Donaldson Company, Inc. (NYSE:DCI)

White Pine Capital LLC trimmed its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 3.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 20,911 shares of the industrial products company’s stock after selling 815 shares during the quarter. White Pine Capital LLC’s holdings in Donaldson were worth $1,367,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Gotham Asset Management LLC increased its position in Donaldson by 47.9% in the 3rd quarter. Gotham Asset Management LLC now owns 100,154 shares of the industrial products company’s stock valued at $5,973,000 after acquiring an additional 32,431 shares during the period. Ballentine Partners LLC increased its position in Donaldson by 60.6% in the 3rd quarter. Ballentine Partners LLC now owns 7,141 shares of the industrial products company’s stock valued at $426,000 after acquiring an additional 2,694 shares during the period. Boston Trust Walden Corp increased its position in Donaldson by 1.5% in the 4th quarter. Boston Trust Walden Corp now owns 2,816,300 shares of the industrial products company’s stock valued at $184,045,000 after acquiring an additional 42,365 shares during the period. Envestnet Asset Management Inc. increased its position in Donaldson by 49.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 83,300 shares of the industrial products company’s stock valued at $4,968,000 after acquiring an additional 27,633 shares during the period. Finally, Cambridge Trust Co. increased its position in Donaldson by 36.1% in the 3rd quarter. Cambridge Trust Co. now owns 96,457 shares of the industrial products company’s stock valued at $5,753,000 after acquiring an additional 25,592 shares during the period. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Stock Up 0.1 %

Shares of DCI stock traded up $0.07 on Friday, hitting $72.27. The stock had a trading volume of 268,103 shares, compared to its average volume of 449,782. Donaldson Company, Inc. has a 12-month low of $57.05 and a 12-month high of $75.44. The stock has a market cap of $8.70 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.47 and a quick ratio of 0.99. The business has a 50 day moving average of $72.26 and a 200 day moving average of $65.90.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Wednesday, February 28th. The industrial products company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The firm had revenue of $876.70 million during the quarter, compared to analyst estimates of $874.34 million. Donaldson had a net margin of 10.82% and a return on equity of 28.52%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.75 EPS. As a group, analysts expect that Donaldson Company, Inc. will post 3.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DCI. StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 7th. Morgan Stanley began coverage on shares of Donaldson in a research report on Monday, January 8th. They set an “underweight” rating and a $59.00 price objective for the company. Finally, Robert W. Baird increased their price objective on shares of Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Donaldson presently has an average rating of “Hold” and an average target price of $67.50.

Insider Transactions at Donaldson

In other news, President Thomas R. Scalf sold 3,027 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $73.09, for a total value of $221,243.43. Following the completion of the sale, the president now directly owns 34,334 shares in the company, valued at approximately $2,509,472.06. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, President Thomas R. Scalf sold 3,027 shares of Donaldson stock in a transaction on Monday, March 4th. The shares were sold at an average price of $73.09, for a total value of $221,243.43. Following the transaction, the president now directly owns 34,334 shares of the company’s stock, valued at $2,509,472.06. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Sheila G. Kramer sold 45,500 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $73.52, for a total transaction of $3,345,160.00. Following the transaction, the insider now directly owns 23,171 shares in the company, valued at $1,703,531.92. The disclosure for this sale can be found here. In the last ninety days, insiders sold 79,407 shares of company stock worth $5,817,942. 2.58% of the stock is currently owned by insiders.

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.