Donaldson Co. (NYSE:DCI) has earned a consensus rating of “Hold” from the eight analysts that are currently covering the firm. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $36.50.

A number of brokerages have recently commented on DCI. Zacks Investment Research downgraded Donaldson from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd. Robert W. Baird upped their target price on Donaldson from $36.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, September 9th. Finally, TheStreet upgraded Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, June 24th.

In other Donaldson news, Director John Wiehoff sold 14,400 shares of the stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of $36.32, for a total transaction of $523,008.00. Following the completion of the transaction, the director now owns 56,877 shares of the company’s stock, valued at $2,065,772.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.88% of the company’s stock.

Several institutional investors have recently made changes to their positions in DCI. Independent Portfolio Consultants Inc. boosted its position in shares of Donaldson by 9.5% in the second quarter. Independent Portfolio Consultants Inc. now owns 5,240 shares of the company’s stock worth $180,000 after buying an additional 455 shares during the last quarter. Washington Trust Bank boosted its stake in Donaldson by 0.5% in the third quarter. Washington Trust Bank now owns 5,024 shares of the company’s stock valued at $188,000 after buying an additional 24 shares in the last quarter. Foster Dykema Cabot & Co. Inc. MA bought a new stake in Donaldson during the second quarter valued at approximately $206,000. First Allied Advisory Services Inc. bought a new stake in Donaldson during the second quarter valued at approximately $206,000. Finally, World Asset Management Inc bought a new stake in Donaldson during the second quarter valued at approximately $207,000. 81.71% of the stock is owned by institutional investors and hedge funds.

Donaldson (NYSE:DCI) traded up 0.08% during mid-day trading on Monday, reaching $36.58. The company’s stock had a trading volume of 259,034 shares. The firm’s 50 day moving average is $36.93 and its 200-day moving average is $34.96. The company has a market cap of $4.85 billion, a PE ratio of 25.76 and a beta of 1.05. Donaldson has a 12-month low of $25.21 and a 12-month high of $38.65.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Thursday, September 8th. The company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Donaldson had a net margin of 8.59% and a return on equity of 27.06%. The firm had revenue of $593 million for the quarter, compared to analysts’ expectations of $594.80 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. Equities analysts anticipate that Donaldson will post ($0.12) earnings per share for the current fiscal year.

Donaldson Company Profile

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.

5 Day Chart for NYSE:DCI

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