Epoch Investment Partners Inc. Purchases 544,008 Shares of Donaldson Company, Inc. (NYSE:DCI)

Epoch Investment Partners Inc. lifted its stake in Donaldson Company, Inc. (NYSE:DCIFree Report) by 91.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,141,693 shares of the industrial products company’s stock after buying an additional 544,008 shares during the period. Epoch Investment Partners Inc. owned about 0.95% of Donaldson worth $74,610,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Gotham Asset Management LLC lifted its stake in shares of Donaldson by 47.9% in the third quarter. Gotham Asset Management LLC now owns 100,154 shares of the industrial products company’s stock valued at $5,973,000 after buying an additional 32,431 shares during the period. UBS Group AG lifted its stake in shares of Donaldson by 83.5% in the fourth quarter. UBS Group AG now owns 382,770 shares of the industrial products company’s stock valued at $25,014,000 after buying an additional 174,193 shares during the period. Boston Trust Walden Corp lifted its stake in shares of Donaldson by 1.5% in the fourth quarter. Boston Trust Walden Corp now owns 2,816,300 shares of the industrial products company’s stock valued at $184,045,000 after buying an additional 42,365 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Donaldson by 49.6% in the third quarter. Envestnet Asset Management Inc. now owns 83,300 shares of the industrial products company’s stock valued at $4,968,000 after buying an additional 27,633 shares during the period. Finally, Principal Securities Inc. bought a new position in Donaldson during the fourth quarter worth about $120,000. Institutional investors own 82.81% of the company’s stock.

Insider Buying and Selling at Donaldson

In other Donaldson news, insider Sheila G. Kramer sold 45,500 shares of the company’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 completion of the sale, the insider now owns 23,171 shares in the company, valued at approximately $1,703,531.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Willard D. Oberton sold 4,500 shares of the business’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $73.54, for a total value of $330,930.00. Following the completion of the transaction, the director now owns 27,685 shares of the company’s stock, valued at approximately $2,035,954.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 completion of the transaction, the insider now directly owns 23,171 shares of the company’s stock, valued at approximately $1,703,531.92. The disclosure for this sale can be found here. Corporate insiders own 2.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DCI. Robert W. Baird cut their price target on shares of Donaldson from $80.00 to $79.00 and set an “outperform” rating for the company in a research note on Monday, June 3rd. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $67.25.

Get Our Latest Stock Report on Donaldson

Donaldson Trading Down 1.2 %

DCI stock traded down $0.90 during trading on Friday, hitting $73.20. The company had a trading volume of 576,047 shares, compared to its average volume of 601,846. The company has a quick ratio of 0.99, a current ratio of 1.91 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average price of $73.67 and a 200-day moving average price of $68.83. Donaldson Company, Inc. has a 12 month low of $57.05 and a 12 month high of $78.03. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 2.10 and a beta of 1.06.

Donaldson (NYSE:DCIGet Free Report) last posted its quarterly earnings data on Tuesday, June 4th. The industrial products company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.08. The firm had revenue of $927.90 million during the quarter, compared to analysts’ expectations of $915.84 million. Donaldson had a net margin of 11.22% and a return on equity of 29.00%. Donaldson’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.76 EPS. As a group, analysts predict that Donaldson Company, Inc. will post 3.37 earnings per share for the current year.

Donaldson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 17th will be given a dividend of $0.27 per share. This is a boost from Donaldson’s previous quarterly dividend of $0.25. The ex-dividend date is Monday, June 17th. This represents a $1.08 annualized dividend and a dividend yield of 1.48%. Donaldson’s payout ratio is presently 30.96%.

About Donaldson

(Free Report)

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.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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