Donaldson Co. SVP Jay Ward Sells 2,600 Shares (DCI)
Donaldson Co. (NYSE:DCI) SVP Jay Ward sold 2,600 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $38.06, for a total transaction of $98,956.00. Following the sale, the senior vice president now directly owns 51,306 shares of the company’s stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on DCI shares. Analysts at BMO Capital Markets downgraded shares of Donaldson Co. (NYSE:DCI) from a “market perform” rating to an “underperform” rating in a research note to investors on Wednesday, July 31st. They now have a $35.00 price target on the stock. Analysts at Zacks upgraded shares of Donaldson Co. (NYSE:DCI) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 30th. They now have a $37.10 price target on the stock.
One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $36.53.
Donaldson Co. (NYSE:DCI) traded down 0.18% on Friday, hitting $38.20. The stock had a trading volume of 290,432 shares. Donaldson Co. has a 52-week low of $30.90 and a 52-week high of $39.36. The stock has a 50-day moving average of $36.58 and a 200-day moving average of $36.46. The company has a market cap of $5.649 billion and a price-to-earnings ratio of 23.34.
Donaldson Co. (NYSE:DCI) last announced its earnings results on Tuesday, August 27th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.03. The company had revenue of $633.00 million for the quarter, compared to the consensus estimate of $620.54 million. During the same quarter last year, the company posted $0.47 earnings per share. Donaldson Co.’s revenue was down 3.7% compared to the same quarter last year.
Donaldson Company, Inc (NYSE:DCI) is a worldwide manufacturer of filtration systems and replacement parts.
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