2,537 Shares in Donaldson Company, Inc. (DCI) Purchased by Honkamp Krueger Financial Services Inc.

Honkamp Krueger Financial Services Inc. purchased a new stake in Donaldson Company, Inc. (NYSE:DCI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,537 shares of the industrial products company’s stock, valued at approximately $148,000.

Other institutional investors also recently modified their holdings of the company. Armstrong Henry H Associates Inc. bought a new stake in Donaldson in the 3rd quarter valued at $204,000. Trillium Asset Management LLC bought a new stake in Donaldson in the 3rd quarter valued at $215,000. Oppenheimer Asset Management Inc. bought a new stake in Donaldson in the 3rd quarter valued at $215,000. ING Groep NV bought a new stake in Donaldson in the 3rd quarter valued at $217,000. Finally, S. Muoio & CO. LLC bought a new stake in Donaldson in the 3rd quarter valued at $224,000. 81.42% of the stock is owned by hedge funds and other institutional investors.

In related news, VP Richard Brent Lewis sold 3,209 shares of Donaldson stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $58.99, for a total transaction of $189,298.91. Following the completion of the transaction, the vice president now directly owns 4,000 shares of the company’s stock, valued at approximately $235,960. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Willard D. Oberton sold 14,400 shares of Donaldson stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of $56.85, for a total transaction of $818,640.00. Following the transaction, the director now directly owns 30,451 shares of the company’s stock, valued at $1,731,139.35. The disclosure for this sale can be found here. 1.35% of the stock is currently owned by company insiders.

A number of analysts have weighed in on DCI shares. Zacks Investment Research downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Tuesday, November 13th. Stifel Nicolaus raised their price objective on shares of Donaldson from $54.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, September 14th. Oppenheimer reaffirmed a “hold” rating on shares of Donaldson in a report on Sunday, October 14th. Finally, ValuEngine raised shares of Donaldson from a “hold” rating to a “buy” rating in a report on Friday, September 7th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Donaldson has a consensus rating of “Buy” and an average target price of $60.00.

NYSE:DCI opened at $56.04 on Monday. The stock has a market cap of $7.18 billion, a PE ratio of 28.02, a price-to-earnings-growth ratio of 2.05 and a beta of 1.25. Donaldson Company, Inc. has a 52 week low of $43.35 and a 52 week high of $59.43. The company has a quick ratio of 1.69, a current ratio of 2.40 and a debt-to-equity ratio of 0.58.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Thursday, September 6th. The industrial products company reported $0.58 EPS for the quarter, hitting analysts’ consensus estimates of $0.58. The company had revenue of $724.70 million during the quarter, compared to the consensus estimate of $727.79 million. Donaldson had a net margin of 6.59% and a return on equity of 31.09%. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period last year, the firm earned $0.51 EPS. On average, equities research analysts expect that Donaldson Company, Inc. will post 2.37 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Tuesday, December 11th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.36%. Donaldson’s payout ratio is 38.00%.

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Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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