Equities analysts expect Donaldson Company, Inc. (NYSE:DCI) to post $0.43 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Donaldson’s earnings, with estimates ranging from $0.42 to $0.47. Donaldson posted earnings per share of $0.35 during the same quarter last year, which suggests a positive year-over-year growth rate of 22.9%. The company is expected to announce its next quarterly earnings report on Wednesday, March 7th.

On average, analysts expect that Donaldson will report full year earnings of $1.99 per share for the current financial year, with EPS estimates ranging from $1.94 to $2.03. For the next year, analysts forecast that the company will report earnings of $2.22 per share, with EPS estimates ranging from $2.15 to $2.25. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Donaldson.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.04. The business had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. Donaldson had a return on equity of 28.49% and a net margin of 9.57%. Donaldson’s revenue was up 16.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.05) earnings per share.

Several research firms have commented on DCI. Zacks Investment Research downgraded Donaldson from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price (down from $48.00) on shares of Donaldson in a research report on Friday, September 8th. BidaskClub upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Jefferies Group reiterated a “buy” rating and issued a $57.00 target price on shares of Donaldson in a research report on Friday. Finally, SunTrust Banks reiterated a “hold” rating and issued a $50.00 target price on shares of Donaldson in a research report on Friday. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $50.60.

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Donaldson by 5.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,217 shares of the industrial products company’s stock worth $192,000 after acquiring an additional 217 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in Donaldson during the third quarter worth approximately $201,000. Magnetar Financial LLC acquired a new stake in Donaldson during the third quarter worth approximately $201,000. Mosaic Family Wealth LLC grew its stake in Donaldson by 5.1% during the second quarter. Mosaic Family Wealth LLC now owns 4,428 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 213 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Donaldson during the second quarter worth approximately $207,000. Institutional investors own 77.64% of the company’s stock.

Donaldson (NYSE:DCI) traded up $0.09 during trading hours on Tuesday, reaching $48.50. The company had a trading volume of 484,400 shares, compared to its average volume of 477,549. The firm has a market capitalization of $6,288.70, a price-to-earnings ratio of 27.35, a PEG ratio of 2.30 and a beta of 1.21. The company has a quick ratio of 2.13, a current ratio of 2.90 and a debt-to-equity ratio of 0.72. Donaldson has a fifty-two week low of $41.28 and a fifty-two week high of $50.10.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, December 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.48%. Donaldson’s dividend payout ratio (DPR) is 40.68%.

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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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