Brokerages expect Donaldson Company, Inc. (NYSE:DCI) to post earnings per share of $0.53 for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Donaldson’s earnings. The highest EPS estimate is $0.53 and the lowest is $0.52. Donaldson posted earnings per share of $0.46 during the same quarter last year, which suggests a positive year-over-year growth rate of 15.2%. The company is expected to announce its next earnings results on Thursday, September 14th.

According to Zacks, analysts expect that Donaldson will report full-year earnings of $1.70 per share for the current fiscal year, with EPS estimates ranging from $1.68 to $1.71. For the next year, analysts anticipate that the firm will post earnings of $1.90 per share, with EPS estimates ranging from $1.84 to $1.98. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Donaldson.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, June 1st. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.01. Donaldson had a net margin of 9.72% and a return on equity of 28.12%. The business had revenue of $608.20 million for the quarter, compared to analyst estimates of $580.44 million. During the same quarter last year, the business earned $0.43 earnings per share. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year.

Several research firms recently commented on DCI. BidaskClub upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Zacks Investment Research raised shares of Donaldson from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Friday, June 9th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $48.00 price objective (up previously from $45.00) on shares of Donaldson in a research report on Friday, June 2nd. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Donaldson in a research report on Thursday, June 1st. Finally, Jefferies Group LLC raised shares of Donaldson from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Wednesday, May 31st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $48.25.

Shares of Donaldson (DCI) traded down 1.39% during mid-day trading on Wednesday, hitting $46.99. 267,415 shares of the stock traded hands. Donaldson has a 12-month low of $35.52 and a 12-month high of $48.91. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 27.97 and a beta of 1.21. The firm’s 50 day moving average price is $46.18 and its 200 day moving average price is $44.97.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 28th. Shareholders of record on Monday, June 12th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend was Thursday, June 8th. Donaldson’s dividend payout ratio (DPR) is 41.92%.

In other Donaldson news, Director John Wiehoff sold 14,400 shares of the stock in a transaction that occurred on Tuesday, June 20th. The shares were sold at an average price of $46.33, for a total value of $667,152.00. Following the completion of the sale, the director now owns 59,001 shares of the company’s stock, valued at $2,733,516.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.88% of the stock is owned by company insiders.

A number of hedge funds have recently modified their holdings of DCI. Public Employees Retirement Association of Colorado increased its stake in shares of Donaldson by 0.5% in the second quarter. Public Employees Retirement Association of Colorado now owns 26,524 shares of the industrial products company’s stock valued at $1,208,000 after buying an additional 137 shares during the period. Russell Investments Group Ltd. increased its stake in Donaldson by 5.2% in the second quarter. Russell Investments Group Ltd. now owns 52,643 shares of the industrial products company’s stock worth $2,399,000 after buying an additional 2,589 shares during the last quarter. Oakbrook Investments LLC bought a new stake in Donaldson during the second quarter worth $221,000. State Treasurer State of Michigan increased its stake in Donaldson by 1.5% in the second quarter. State Treasurer State of Michigan now owns 54,420 shares of the industrial products company’s stock worth $2,478,000 after buying an additional 800 shares during the last quarter. Finally, BTIM Corp. increased its stake in Donaldson by 2.5% in the second quarter. BTIM Corp. now owns 1,051,064 shares of the industrial products company’s stock worth $47,865,000 after buying an additional 25,231 shares during the last quarter. 78.76% of the stock is owned by institutional investors.

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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 44 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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Earnings History and Estimates for Donaldson (NYSE:DCI)

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