Parametric Portfolio Associates LLC lessened its holdings in Donaldson Company, Inc. (NYSE:DCI) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 181,131 shares of the industrial products company’s stock after selling 3,771 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.14% of Donaldson worth $8,249,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Donaldson by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 12,319,252 shares of the industrial products company’s stock valued at $561,018,000 after purchasing an additional 166,412 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Donaldson by 1.9% in the 2nd quarter. BlackRock Inc. now owns 10,590,302 shares of the industrial products company’s stock valued at $482,282,000 after purchasing an additional 199,946 shares during the last quarter. FMR LLC lifted its stake in shares of Donaldson by 1.9% in the 2nd quarter. FMR LLC now owns 1,901,024 shares of the industrial products company’s stock valued at $86,573,000 after purchasing an additional 34,711 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Donaldson by 1.7% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,841,796 shares of the industrial products company’s stock valued at $83,876,000 after purchasing an additional 30,614 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Donaldson by 55.7% in the 2nd quarter. Principal Financial Group Inc. now owns 1,252,691 shares of the industrial products company’s stock valued at $57,048,000 after purchasing an additional 448,320 shares during the last quarter. 78.23% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Company, Inc. (NYSE:DCI) opened at 46.91 on Tuesday. The company’s 50-day moving average price is $45.73 and its 200 day moving average price is $46.16. Donaldson Company, Inc. has a 1-year low of $35.85 and a 1-year high of $48.91. The firm has a market cap of $6.09 billion, a price-to-earnings ratio of 26.96 and a beta of 1.22.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Thursday, September 7th. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.02). Donaldson had a net margin of 9.81% and a return on equity of 28.14%. The firm had revenue of $660.10 million for the quarter, compared to analysts’ expectations of $634.41 million. During the same period last year, the firm posted $0.46 EPS. Donaldson’s revenue was up 11.2% on a year-over-year basis. On average, equities analysts expect that Donaldson Company, Inc. will post ($0.38) earnings per share for the current fiscal year.

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Several brokerages have recently commented on DCI. Jefferies Group LLC reaffirmed a “buy” rating and issued a $54.00 price target on shares of Donaldson in a research note on Tuesday, October 3rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $45.00 price target (down previously from $48.00) on shares of Donaldson in a research note on Friday, September 8th. Robert W. Baird reaffirmed a “hold” rating and issued a $47.00 price target on shares of Donaldson in a research note on Friday, September 8th. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Donaldson in a research note on Thursday, September 7th. Finally, BidaskClub raised Donaldson from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Donaldson currently has a consensus rating of “Hold” and a consensus price target of $48.67.

About Donaldson

Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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