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Research analysts at Jefferies Group raised their price objective on shares of Donaldson Company (NYSE:DCI) from $42.00 to $47.00 in a report released on Thursday. The firm currently has a “hold” rating on the stock. Jefferies Group’s price objective points to a potential upside of 12.68% from the company’s current price.

Donaldson Company (NYSE:DCI) traded up 1.13% on Thursday, hitting $42.18. 237,503 shares of the company’s stock traded hands. Donaldson Company has a 52 week low of $34.60 and a 52 week high of $43.74. The stock’s 50-day moving average is $40.14 and its 200-day moving average is $41.43. The company has a market cap of $6.030 billion and a price-to-earnings ratio of 23.96.

Donaldson Company (NYSE:DCI) last announced its earnings results on Wednesday, August 27th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.47 by $0.03. The company had revenue of $668.00 million for the quarter, compared to the consensus estimate of $654.67 million. During the same quarter last year, the company posted $0.49 earnings per share. Donaldson Company’s revenue was up 5.6% compared to the same quarter last year. Analysts expect that Donaldson Company will post $1.93 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 5th. Investors of record on Friday, August 15th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, August 13th.

Separately, analysts at Acumen Capital raised their price target on shares of Donaldson Company from $24.00 to $25.00 in a research note on Friday, August 15th.

Donaldson Company, Inc (NYSE:DCI) is a worldwide manufacturer of filtration systems and replacement parts.

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