Chicago Partners Investment Group LLC Has $271,000 Position in Donaldson Company, Inc. (NYSE:DCI)

Chicago Partners Investment Group LLC boosted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 17.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,664 shares of the industrial products company’s stock after acquiring an additional 553 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Donaldson were worth $271,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake in shares of Donaldson by 359.2% during the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 273 shares in the last quarter. Versant Capital Management Inc boosted its position in Donaldson by 1,372.2% during the second quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 494 shares during the period. Mather Group LLC. grew its holdings in Donaldson by 408.1% during the second quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 404 shares during the last quarter. V Square Quantitative Management LLC raised its position in shares of Donaldson by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 207 shares during the period. Finally, Montag A & Associates Inc. acquired a new stake in shares of Donaldson in the first quarter worth $52,000. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Donaldson

In other Donaldson news, Director James Owens sold 5,210 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total value of $373,765.40. Following the completion of the sale, the director now owns 17,788 shares in the company, valued at approximately $1,276,111.12. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Amy C. Becker sold 14,500 shares of the company’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $72.89, for a total value of $1,056,905.00. Following the sale, the insider now owns 41,368 shares of the company’s stock, valued at $3,015,313.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director James Owens sold 5,210 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total transaction of $373,765.40. Following the transaction, the director now owns 17,788 shares of the company’s stock, valued at approximately $1,276,111.12. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 167,805 shares of company stock worth $12,310,222 over the last three months. Company insiders own 2.70% of the company’s stock.

Donaldson Trading Up 1.6 %

Shares of Donaldson stock opened at $75.54 on Wednesday. Donaldson Company, Inc. has a 1 year low of $58.56 and a 1 year high of $78.03. The company’s fifty day simple moving average is $72.89 and its 200-day simple moving average is $72.95. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 1.94 and a beta of 1.04. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. The firm had revenue of $935.40 million during the quarter, compared to the consensus estimate of $941.12 million. As a group, sell-side analysts expect that Donaldson Company, Inc. will post 3.63 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DCI. Stifel Nicolaus lowered their target price on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research note on Thursday, August 29th. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 28th. 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 given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $69.67.

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.