Today’s Stock On Watch: What’s Donaldson Company, Inc. Upside After Today’s Huge Increase?

Today's Stock On Watch: What's Donaldson Company, Inc. Upside After Today's Huge Increase?

The stock of Donaldson Company, Inc. (NYSE:DCI) is a huge mover today! About 1.12 million shares traded hands or 98.02% up from the average. Donaldson Company, Inc. (NYSE:DCI) has risen 23.66% since April 28, 2016 and is uptrending. It has outperformed by 17.73% the S&P500.
The move comes after 7 months positive chart setup for the $6.12 billion company. It was reported on Dec, 1 by Barchart.com. We have $47.83 PT which if reached, will make NYSE:DCI worth $306.00 million more.

Donaldson Company, Inc. (NYSE:DCI) Ratings Coverage

Out of 6 analysts covering Donaldson Company (NYSE:DCI), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. Donaldson Company has been the topic of 7 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by SunTrust given on Tuesday, November 3. The stock of Donaldson Company, Inc. (NYSE:DCI) has “Market Perform” rating given on Monday, March 21 by Avondale. Suntrust Robinson initiated Donaldson Company, Inc. (NYSE:DCI) on Tuesday, November 3 with “Neutral” rating. William Blair maintained the shares of DCI in a report on Monday, September 7 with “Market Perform” rating. The stock of Donaldson Company, Inc. (NYSE:DCI) has “Hold” rating given on Wednesday, September 2 by Zacks. The firm has “Neutral” rating by Robert W. Baird given on Friday, September 9.

According to Zacks Investment Research, “Donaldson Company, Inc. is a worldwide manufacturer of air cleaners, liquid filters and exhaust products and accessories for heavy duty mobile equipment; in-plant air cleaning systems; air intake systems and exhaust products for industrial gas turbines; and specialized filters for diverse applications. The Company has one industry segment which consists of the design, manufacture and sale of products to filter air, sound and liquid.”

Insitutional Activity: The institutional sentiment increased to 1.28 in Q2 2016. Its up 0.14, from 1.14 in 2016Q1. The ratio increased, as 18 funds sold all Donaldson Company, Inc. shares owned while 99 reduced positions. 39 funds bought stakes while 94 increased positions. They now own 107.30 million shares or 3.10% less from 110.73 million shares in 2016Q1.
Accredited Investors Inc, a Minnesota-based fund reported 6,760 shares. Whittier Of Nevada Inc reported 4,471 shares or 0.02% of all its holdings. The New York-based Ibm Retirement Fund has invested 0.02% in Donaldson Company, Inc. (NYSE:DCI). Dynamic Advisors Solutions holds 0.19% of its portfolio in Donaldson Company, Inc. (NYSE:DCI) for 13,505 shares. Credit Agricole S A accumulated 0.01% or 42,529 shares. Atlanta Cap Co L L C holds 0.85% of its portfolio in Donaldson Company, Inc. (NYSE:DCI) for 3.69 million shares. Fred Alger Mgmt, a New York-based fund reported 145 shares. Stephens Ar last reported 0.08% of its portfolio in the stock. The Colorado-based Rk Capital Limited Liability Co has invested 1.87% in Donaldson Company, Inc. (NYSE:DCI). Leavell Inv Mngmt last reported 0.07% of its portfolio in the stock. Gabelli Funds Limited Liability Corporation holds 0.23% or 1.15M shares in its portfolio. Dorsey And Whitney Tru Communication Ltd Liability Co has 1.48% invested in the company for 188,583 shares. Jpmorgan Chase & Communications holds 0% of its portfolio in Donaldson Company, Inc. (NYSE:DCI) for 7,244 shares. Mutual Of America Capital Management Limited Liability Corp accumulated 91,699 shares or 0.07% of the stock. Omers Administration Corp accumulated 53,100 shares or 0.04% of the stock.

Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 3 insider sales for $1.32 million net activity. OBERTON WILLARD D also sold $270,470 worth of Donaldson Company, Inc. (NYSE:DCI) shares. The insider HOFFMAN MICHAEL J sold $525,888. 14,400 Donaldson Company, Inc. (NYSE:DCI) shares with value of $523,008 were sold by WIEHOFF JOHN.

DCI Company Profile

Donaldson Company, Inc., incorporated on December 24, 1936, is a maker of filtration systems and replacement parts. The Company’s divisions include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 42 plants around the world and through three joint ventures. The Firm offers its products under the Ultra-Web, PowerCore and Donaldson brands. The Company’s sales and manufacturing activities are located throughout the world, with concentrations in the Americas, Europe and Asia. The Company’s distribution centers are located in Australia, Belgium, Indiana, Indonesia, Mexico, Slovakia and South Africa.

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