Pacer Advisors Inc. Has $1.79 Million Stock Holdings in Donaldson Company, Inc. (NYSE:DCI)

Pacer Advisors Inc. trimmed its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 19.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 26,542 shares of the industrial products company’s stock after selling 6,250 shares during the period. Pacer Advisors Inc.’s holdings in Donaldson were worth $1,788,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DCI. UMB Bank n.a. grew its stake in Donaldson by 359.2% in the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 273 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Donaldson during the 3rd quarter valued at approximately $41,000. V Square Quantitative Management LLC boosted its stake in Donaldson by 52.0% during the 3rd 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. GAMMA Investing LLC boosted its stake in Donaldson by 72.0% during the 3rd quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 301 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Donaldson by 185.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,269 shares of the industrial products company’s stock valued at $91,000 after acquiring an additional 825 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Price Performance

NYSE:DCI opened at $71.19 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85. The stock’s 50-day simple moving average is $70.88 and its 200 day simple moving average is $72.60. The company has a market cap of $8.50 billion, a P/E ratio of 20.69, a P/E/G ratio of 1.84 and a beta of 1.06. Donaldson Company, Inc. has a 52-week low of $64.35 and a 52-week high of $78.95.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The company had revenue of $900.10 million during the quarter, compared to analysts’ expectations of $888.88 million. During the same quarter in the previous year, the company posted $0.75 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. As a group, sell-side analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.27 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.08 annualized dividend and a yield of 1.52%. Donaldson’s dividend payout ratio is currently 31.40%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on DCI shares. StockNews.com cut Donaldson from a “strong-buy” rating to a “buy” rating in a report on Friday. Morgan Stanley raised their price target on Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday, December 4th. Finally, Robert W. Baird increased their price objective on Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $74.00.

Insider Transactions at Donaldson

In other news, Director Trudy A. Rautio sold 14,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total transaction of $946,400.00. Following the transaction, the director now owns 26,420 shares of the company’s stock, valued at $1,785,992. This represents a 34.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.70% of the company’s stock.

Donaldson Company 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.