Equities research analysts expect Donaldson Company, Inc. (NYSE:DCI) to post earnings of $0.44 per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Donaldson Company’s earnings, with estimates ranging from $0.43 to $0.45. Donaldson Company reported earnings per share of $0.43 in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.3%. The firm is scheduled to issue its next earnings results on Thursday, June 1st.

According to Zacks, analysts expect that Donaldson Company will report full year earnings of $1.66 per share for the current financial year, with EPS estimates ranging from $1.60 to $1.68. For the next year, analysts expect that the business will report earnings of $1.84 per share, with EPS estimates ranging from $1.80 to $1.90. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Donaldson Company.

Donaldson Company (NYSE:DCI) last announced its quarterly earnings results on Wednesday, March 1st. The industrial products company reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.04. Donaldson Company had a return on equity of 27.42% and a net margin of 9.41%. The firm had revenue of $550.60 million for the quarter, compared to analyst estimates of $521.99 million. During the same period last year, the firm posted $0.29 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis.

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Separately, Zacks Investment Research cut Donaldson Company from a “buy” rating to a “hold” rating in a report on Wednesday, February 1st. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Donaldson Company currently has an average rating of “Hold” and a consensus target price of $43.00.

Shares of Donaldson Company (NYSE:DCI) opened at 44.67 on Thursday. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 27.40 and a beta of 0.98. Donaldson Company has a 52 week low of $31.52 and a 52 week high of $47.68. The stock’s 50 day moving average price is $44.94 and its 200-day moving average price is $41.76.

In other Donaldson Company news, Director Willard D. Oberton sold 14,400 shares of the stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $44.86, for a total value of $645,984.00. Following the completion of the sale, the director now owns 28,057 shares in the company, valued at approximately $1,258,637.02. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.88% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in DCI. AQR Capital Management LLC acquired a new stake in Donaldson Company during the fourth quarter valued at $791,000. BlackRock Inc. boosted its stake in Donaldson Company by 11.7% in the third quarter. BlackRock Inc. now owns 202,918 shares of the industrial products company’s stock valued at $7,575,000 after buying an additional 21,308 shares during the period. Bank of Montreal Can boosted its stake in Donaldson Company by 1.8% in the third quarter. Bank of Montreal Can now owns 86,845 shares of the industrial products company’s stock valued at $3,242,000 after buying an additional 1,571 shares during the period. Sei Investments Co. boosted its stake in Donaldson Company by 3.5% in the third quarter. Sei Investments Co. now owns 62,070 shares of the industrial products company’s stock valued at $2,317,000 after buying an additional 2,118 shares during the period. Finally, BlackRock Advisors LLC boosted its stake in Donaldson Company by 2.6% in the third quarter. BlackRock Advisors LLC now owns 71,703 shares of the industrial products company’s stock valued at $2,677,000 after buying an additional 1,819 shares during the period. Institutional investors and hedge funds own 80.95% of the company’s stock.

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About Donaldson Company

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.

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