GHP Investment Advisors Inc. Acquires 4,928 Shares of Donaldson Company, Inc. (NYSE:DCI)

GHP Investment Advisors Inc. increased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 12.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 44,549 shares of the industrial products company’s stock after purchasing an additional 4,928 shares during the period. GHP Investment Advisors Inc.’s holdings in Donaldson were worth $3,283,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DCI. Public Employees Retirement Association of Colorado bought a new stake in Donaldson during the 1st quarter valued at $660,000. New York State Teachers Retirement System grew its stake in Donaldson by 2.6% in the second quarter. New York State Teachers Retirement System now owns 147,777 shares of the industrial products company’s stock valued at $10,575,000 after purchasing an additional 3,792 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in Donaldson by 21.7% in the first quarter. CANADA LIFE ASSURANCE Co now owns 110,437 shares of the industrial products company’s stock valued at $8,245,000 after purchasing an additional 19,670 shares during the last quarter. SG Americas Securities LLC raised its holdings in Donaldson by 254.5% in the first quarter. SG Americas Securities LLC now owns 22,386 shares of the industrial products company’s stock worth $1,672,000 after purchasing an additional 16,071 shares in the last quarter. Finally, Norden Group LLC purchased a new stake in shares of Donaldson during the first quarter valued at about $933,000. 82.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Donaldson

In other news, Director Willard D. Oberton sold 2,700 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $73.37, for a total value of $198,099.00. Following the completion of the transaction, the director now directly owns 27,983 shares in the company, valued at $2,053,112.71. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director Willard D. Oberton sold 2,700 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $73.37, for a total value of $198,099.00. Following the sale, the director now owns 27,983 shares in the company, valued at $2,053,112.71. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Tod E. Carpenter sold 30,919 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $72.69, for a total transaction of $2,247,502.11. Following the transaction, the chief executive officer now directly owns 256,742 shares of the company’s stock, valued at $18,662,575.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 167,805 shares of company stock worth $12,310,222. 2.58% of the stock is currently owned by insiders.

Donaldson Price Performance

Shares of DCI stock opened at $74.88 on Friday. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 1.92 and a beta of 1.04. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.23 and a current ratio of 1.84. The stock’s 50-day simple moving average is $72.86 and its 200-day simple moving average is $72.90. Donaldson Company, Inc. has a fifty-two week low of $57.05 and a fifty-two week high of $78.03.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Wednesday, August 28th. The industrial products company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.88 by $0.06. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. The business had revenue of $935.40 million during the quarter, compared to the consensus estimate of $941.12 million. As a group, equities analysts forecast that Donaldson Company, Inc. will post 3.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DCI. Stifel Nicolaus cut their price objective on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research report on Thursday, August 29th. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Donaldson currently has an average rating of “Hold” and an average target price of $69.67.

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.