Donaldson Co. (NYSE:DCI) has been assigned a consensus rating of “Hold” from the six research firms that are currently covering the firm. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $38.67.

DCI has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Donaldson from a “sell” rating to a “hold” rating in a report on Monday, August 29th. Robert W. Baird raised their target price on shares of Donaldson from $36.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, September 9th.

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Donaldson (NYSE:DCI) opened at 40.80 on Monday. The company has a market cap of $5.41 billion, a P/E ratio of 28.73 and a beta of 0.93. Donaldson has a 52 week low of $25.21 and a 52 week high of $40.96. The stock has a 50 day moving average of $37.72 and a 200 day moving average of $36.18.

Donaldson (NYSE:DCI) last released its earnings results on Thursday, September 8th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by $0.03. The firm earned $593 million during the quarter, compared to the consensus estimate of $594.80 million. Donaldson had a return on equity of 27.06% and a net margin of 8.59%. Donaldson’s revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 EPS. On average, analysts expect that Donaldson will post $1.58 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 21st. Investors of record on Tuesday, December 6th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Friday, December 2nd. Donaldson’s dividend payout ratio is presently 49.30%.

In related news, Director John Wiehoff sold 14,400 shares of the firm’s stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $36.32, for a total value of $523,008.00. Following the transaction, the director now owns 56,877 shares of the company’s stock, valued at approximately $2,065,772.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.88% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Washington Trust Bank increased its position 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. M&T Bank Corp increased its position in Donaldson by 0.3% in the third quarter. M&T Bank Corp now owns 16,832 shares of the company’s stock valued at $628,000 after buying an additional 47 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in Donaldson by 0.3% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 21,344 shares of the company’s stock valued at $733,000 after buying an additional 61 shares in the last quarter. Capstone Asset Management Co. increased its position in Donaldson by 0.6% in the second quarter. Capstone Asset Management Co. now owns 12,519 shares of the company’s stock valued at $430,000 after buying an additional 70 shares in the last quarter. Finally, Wetherby Asset Management Inc. increased its position in Donaldson by 1.0% in the second quarter. Wetherby Asset Management Inc. now owns 8,133 shares of the company’s stock valued at $279,000 after buying an additional 83 shares in the last quarter. 81.69% of the stock is currently owned by institutional investors.

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 42 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

5 Day Chart for NYSE:DCI

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