Rational Advisors LLC lessened its position in Donaldson Company, Inc. (NYSE:DCI) by 18.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,900 shares of the industrial products company’s stock after selling 1,300 shares during the quarter. Rational Advisors LLC’s holdings in Donaldson were worth $271,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DCI. Alps Advisors Inc. increased its holdings in shares of Donaldson by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 10,756 shares of the industrial products company’s stock worth $490,000 after purchasing an additional 28 shares during the period. 1st Global Advisors Inc. increased its holdings in shares of Donaldson by 0.6% during the 2nd quarter. 1st Global Advisors Inc. now owns 8,256 shares of the industrial products company’s stock worth $376,000 after purchasing an additional 48 shares during the period. Cadence Capital Management LLC increased its holdings in shares of Donaldson by 0.4% during the 2nd quarter. Cadence Capital Management LLC now owns 30,506 shares of the industrial products company’s stock worth $1,389,000 after purchasing an additional 123 shares during the period. Public Employees Retirement Association of Colorado increased its holdings in shares of Donaldson by 0.5% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 26,524 shares of the industrial products company’s stock worth $1,208,000 after purchasing an additional 137 shares during the period. Finally, Mosaic Family Wealth LLC increased its holdings in shares of Donaldson by 5.1% during the 2nd quarter. Mosaic Family Wealth LLC now owns 4,428 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 213 shares during the period. Hedge funds and other institutional investors own 77.91% of the company’s stock.

Shares of Donaldson Company, Inc. (NYSE DCI) traded up $0.42 during trading on Tuesday, hitting $47.33. 182,800 shares of the stock traded hands, compared to its average volume of 479,143. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.77 and a current ratio of 2.38. Donaldson Company, Inc. has a 1-year low of $39.49 and a 1-year high of $48.91. The firm has a market cap of $6,090.00, a price-to-earnings ratio of 27.76, a P/E/G ratio of 2.26 and a beta of 1.19.

Donaldson (NYSE:DCI) last issued its earnings results on Thursday, September 7th. The industrial products company reported $0.51 earnings per share for the quarter, missing the 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 business had revenue of $660.10 million for the quarter, compared to analyst estimates of $634.41 million. During the same quarter last year, the firm posted $0.46 earnings per share. Donaldson’s revenue was up 11.2% on a year-over-year basis. sell-side analysts predict that Donaldson Company, Inc. will post 1.87 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, December 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.52%. Donaldson’s dividend payout ratio (DPR) is currently 41.38%.

DCI has been the topic of several research reports. Zacks Investment Research downgraded shares of Donaldson from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Stifel Nicolaus restated a “hold” rating and set a $45.00 price objective (down previously from $48.00) on shares of Donaldson in a report on Friday, September 8th. SunTrust Banks, Inc. restated a “hold” rating and set a $46.00 price objective on shares of Donaldson in a report on Friday, October 27th. BidaskClub downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Robert W. Baird reiterated a “hold” rating and set a $47.00 target price on shares of Donaldson in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $48.00.

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Donaldson Company Profile

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.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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