Mairs Power Inc buys $207,776,877 stake in Donaldson Company (DCI)

Donaldson Company (DCI) : Mairs Power Inc scooped up 215,421 additional shares in Donaldson Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 5,666,127 shares of Donaldson Company which is valued at $207,776,877.Donaldson Company makes up approximately 2.75% of Mairs Power Inc’s portfolio.

Other Hedge Funds, Including , Mcdaniel Terry Co boosted its stake in DCI in the latest quarter, The investment management firm added 3,825 additional shares and now holds a total of 546,431 shares of Donaldson Company which is valued at $20,037,625. Donaldson Company makes up approx 4.33% of Mcdaniel Terry Co’s portfolio.Fairpointe Capital reduced its stake in DCI by selling 149,056 shares or 8.14% in the most recent quarter. The Hedge Fund company now holds 1,683,203 shares of DCI which is valued at $61,723,054. Donaldson Company makes up approx 1.28% of Fairpointe Capital’s portfolio.Autus Asset Management boosted its stake in DCI in the latest quarter, The investment management firm added 3,046 additional shares and now holds a total of 185,851 shares of Donaldson Company which is valued at $6,828,166. Donaldson Company makes up approx 1.51% of Autus Asset Management’s portfolio.State Treasurer State Of Michigan boosted its stake in DCI in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 81,620 shares of Donaldson Company which is valued at $2,937,504. Donaldson Company makes up approx 0.02% of State Treasurer State Of Michigan’s portfolio.

Donaldson Company opened for trading at $37.6 and hit $37.92 on the upside on Thursday, eventually ending the session at $37.91, with a gain of 0.96% or 0.36 points. The heightened volatility saw the trading volume jump to 6,30,353 shares. Company has a market cap of $5,047 M.

On the company’s financial health, Donaldson Company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jun 2, 2016. Analyst had a consensus of $0.39. The company had revenue of $571.30 million for the quarter, compared to analysts expectations of $550.81 million. The company’s revenue was down -.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.36 EPS.

Donaldson Company Inc. is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets including dust collection power generation specialty filtration compressed air purification off-road equipment industrial compressors heavy trucks and light vehicles. The Company’s products are manufactured at 39 plants around the world and through three joint ventures. The Company has two reporting segments: Engine Products and Industrial Products.

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