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Equities research analysts at Robert W. Baird increased their target price on shares of Donaldson Company (NYSE:DCI) from $38.00 to $44.00 in a research note issued to investors on Thursday. Robert W. Baird’s price target would suggest a potential upside of 5.49% from the company’s current price.

A number of other analysts have also recently weighed in on DCI. Analysts at BMO Capital Markets raised their price target on shares of Donaldson Company to $44.00 in a research note on Thursday. Separately, analysts at Jefferies Group raised their price target on shares of Donaldson Company from $42.00 to $47.00 in a research note on Thursday. They now have a “hold” rating on the stock. Finally, 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. Two analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $40.40.

Donaldson Company (NYSE:DCI) traded up 1.10% during mid-day trading on Thursday, hitting $42.17. 503,839 shares of the company’s stock traded hands. Donaldson Company has a 1-year low of $34.60 and a 1-year 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 $6.028 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 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. 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. Shareholders 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.

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

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