Geneva Capital Management LLC Has $47.61 Million Position in Donaldson Company, Inc. (NYSE:DCI)

Geneva Capital Management LLC lessened its holdings in Donaldson Company, Inc. (NYSE:DCI) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 728,490 shares of the industrial products company’s stock after selling 1,870 shares during the period. Geneva Capital Management LLC’s holdings in Donaldson were worth $47,607,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Donaldson by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 754,647 shares of the industrial products company’s stock valued at $49,316,000 after buying an additional 15,682 shares during the period. Apollon Wealth Management LLC grew its stake in Donaldson by 19.7% in the fourth quarter. Apollon Wealth Management LLC now owns 15,167 shares of the industrial products company’s stock valued at $991,000 after purchasing an additional 2,499 shares in the last quarter. Avidian Wealth Solutions LLC acquired a new position in Donaldson in the 4th quarter worth about $209,000. Benjamin F. Edwards & Company Inc. increased its holdings in Donaldson by 163,612.3% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 106,413 shares of the industrial products company’s stock worth $6,954,000 after buying an additional 106,348 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of Donaldson by 578.0% in the 4th quarter. Benjamin Edwards Inc. now owns 9,994 shares of the industrial products company’s stock valued at $653,000 after purchasing an additional 8,520 shares during the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Price Performance

Shares of DCI traded up $0.74 during trading hours on Thursday, hitting $75.01. The stock had a trading volume of 373,921 shares, compared to its average volume of 459,751. Donaldson Company, Inc. has a 52 week low of $57.05 and a 52 week high of $75.98. The stock has a market capitalization of $9.03 billion, a price-to-earnings ratio of 24.37, a P/E/G ratio of 2.14 and a beta of 1.09. The company’s fifty day moving average is $73.32 and its two-hundred day moving average is $66.68. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.47 and a quick ratio of 0.99.

Donaldson (NYSE:DCI) last announced its earnings results on Wednesday, February 28th. The industrial products company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.74 by $0.07. Donaldson had a return on equity of 28.52% and a net margin of 10.82%. The business had revenue of $876.70 million for the quarter, compared to the consensus estimate of $874.34 million. During the same period in the previous year, the business earned $0.75 EPS. Donaldson’s revenue was up 5.8% compared to the same quarter last year. On average, analysts anticipate that Donaldson Company, Inc. will post 3.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on DCI shares. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 7th. Robert W. Baird increased their target price on Donaldson from $76.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, April 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.50.

Insider Transactions at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 7,680 shares of the stock in a transaction on Friday, March 1st. The stock was sold at an average price of $71.09, for a total value of $545,971.20. Following the transaction, the president now directly owns 34,334 shares in the company, valued at approximately $2,440,804.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Willard D. Oberton sold 4,500 shares of Donaldson stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $73.54, for a total transaction of $330,930.00. Following the completion of the sale, the director now directly owns 27,685 shares of the company’s stock, valued at $2,035,954.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Thomas R. Scalf sold 7,680 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $71.09, for a total value of $545,971.20. Following the transaction, the president now owns 34,334 shares in the company, valued at approximately $2,440,804.06. The disclosure for this sale can be found here. Over the last three months, insiders have sold 79,407 shares of company stock worth $5,817,942. Corporate insiders own 2.58% 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.