Curi RMB Capital LLC Purchases 285 Shares of Donaldson Company, Inc. (NYSE:DCI)

Curi RMB Capital LLC boosted its position in Donaldson Company, Inc. (NYSE:DCI) by 2.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,383 shares of the industrial products company’s stock after purchasing an additional 285 shares during the period. Curi RMB Capital LLC’s holdings in Donaldson were worth $839,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. UMB Bank n.a. grew its stake in Donaldson by 359.2% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after buying an additional 273 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Donaldson by 1,372.2% in the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 494 shares during the period. Mather Group LLC. boosted its holdings in Donaldson by 408.1% in the 2nd 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 period. Capital Performance Advisors LLP bought a new position in Donaldson in the 3rd quarter valued at $41,000. Finally, V Square Quantitative Management LLC boosted its holdings in Donaldson by 52.0% in 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. 82.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, President Thomas R. Scalf sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $73.16, for a total value of $182,900.00. Following the transaction, the president now owns 28,334 shares in the company, valued at approximately $2,072,915.44. This represents a 8.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Amy C. Becker sold 14,500 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $72.89, for a total transaction of $1,056,905.00. Following the completion of the transaction, the insider now owns 41,368 shares in the company, valued at approximately $3,015,313.52. This represents a 25.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 167,805 shares of company stock worth $12,310,222. 2.70% of the stock is currently owned by company insiders.

Donaldson Stock Performance

Donaldson stock opened at $76.40 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.84 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $9.15 billion, a PE ratio of 22.60, a P/E/G ratio of 2.03 and a beta of 1.04. The firm has a fifty day simple moving average of $73.86 and a two-hundred day simple moving average of $73.24. Donaldson Company, Inc. has a twelve month low of $58.75 and a twelve month high of $78.71.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $941.12 million. Research analysts expect that Donaldson Company, Inc. will post 3.63 EPS for the current year.

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.