Shares of Donaldson Company, Inc. (NYSE:DCI) have been given a consensus rating of “Hold” by the eight research firms that are currently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $49.00.

Several research firms have recently weighed in on DCI. Stifel Nicolaus reaffirmed a “hold” rating on shares of Donaldson in a report on Thursday, October 19th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $46.00 price target on shares of Donaldson in a research note on Friday, October 27th. BidaskClub cut shares of Donaldson from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Jefferies Group LLC reissued a “buy” rating and issued a $54.00 price target on shares of Donaldson in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research cut shares of Donaldson from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th.

Donaldson (NYSE:DCI) last posted its earnings results on Thursday, September 7th. The industrial products company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.02). The firm had revenue of $660.10 million for the quarter, compared to analysts’ expectations of $634.41 million. Donaldson had a net margin of 9.81% and a return on equity of 28.14%. Donaldson’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the firm earned $0.46 earnings per share.

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A number of institutional investors have recently added to or reduced their stakes in DCI. Northwestern Mutual Wealth Management Co. grew its stake in Donaldson by 5.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,217 shares of the industrial products company’s stock valued at $192,000 after acquiring an additional 217 shares during the period. Mosaic Family Wealth LLC grew its stake in Donaldson by 5.1% in the 2nd quarter. Mosaic Family Wealth LLC now owns 4,428 shares of the industrial products company’s stock valued at $202,000 after acquiring an additional 213 shares during the period. Quantbot Technologies LP acquired a new stake in Donaldson in the 2nd quarter valued at $207,000. Oppenheimer Asset Management Inc. acquired a new stake in Donaldson in the 1st quarter valued at $209,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in Donaldson in the 2nd quarter valued at $209,000. 78.17% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Donaldson (NYSE:DCI)

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