Gardner Denver Holdings, Inc. (NYSE:GDI) – Equities researchers at William Blair boosted their Q3 2017 earnings per share estimates for Gardner Denver Holdings in a research report issued to clients and investors on Thursday. William Blair analyst B. Drab now forecasts that the company will earn $0.43 per share for the quarter, up from their prior estimate of $0.38. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Gardner Denver Holdings’ Q4 2017 earnings at $0.41 EPS, FY2017 earnings at $1.28 EPS and FY2018 earnings at $1.49 EPS.

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A number of other equities research analysts also recently commented on GDI. UBS AG started coverage on shares of Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating and a $28.00 price objective for the company. Goldman Sachs Group Inc started coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 target price for the company. Piper Jaffray Companies set a $27.00 target price on shares of Gardner Denver Holdings and gave the company a “buy” rating in a report on Tuesday, July 18th. Stifel Nicolaus started coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 target price for the company. Finally, Robert W. Baird started coverage on shares of Gardner Denver Holdings in a report on Tuesday, June 6th. They issued an “outperform” rating and a $28.00 target price for the company. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Gardner Denver Holdings has a consensus rating of “Buy” and a consensus target price of $27.13.

Gardner Denver Holdings (NYSE GDI) opened at 24.07 on Monday. The stock’s market cap is $4.72 billion. The company has a 50 day moving average price of $22.31 and a 200 day moving average price of $22.42. Gardner Denver Holdings has a 52 week low of $19.91 and a 52 week high of $24.55.

In related news, Director William P. Donnelly bought 42,642 shares of the company’s stock in a transaction on Wednesday, May 24th. The stock was bought at an average cost of $23.37 per share, with a total value of $996,543.54. Following the completion of the acquisition, the director now owns 42,642 shares in the company, valued at approximately $996,543.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.37% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jennison Associates LLC bought a new position in shares of Gardner Denver Holdings during the second quarter worth about $49,247,000. Peregrine Capital Management LLC acquired a new position in shares of Gardner Denver Holdings during the second quarter worth $15,938,000. Pioneer Investment Management Inc. acquired a new position in shares of Gardner Denver Holdings during the second quarter worth $9,249,000. Teacher Retirement System of Texas acquired a new position in shares of Gardner Denver Holdings during the second quarter worth $8,644,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Gardner Denver Holdings during the second quarter worth $7,640,000. 0.42% of the stock is owned by institutional investors.

About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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