Donaldson Company, Inc. (NYSE:DCI) has received a consensus rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $52.20.

A number of equities analysts recently issued reports on DCI shares. Stifel Nicolaus reaffirmed a “hold” rating and set a $53.00 target price (up previously from $50.00) on shares of Donaldson in a research report on Tuesday. Zacks Investment Research raised shares of Donaldson from a “sell” rating to a “hold” rating in a research report on Monday, October 30th. Jefferies Group reaffirmed a “buy” rating and set a $54.00 target price on shares of Donaldson in a research report on Tuesday, October 3rd. Oppenheimer reaffirmed a “hold” rating on shares of Donaldson in a research report on Friday, December 1st. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $50.00 target price on shares of Donaldson in a research report on Friday, December 1st.

In related news, insider Melissa A. Osland sold 1,453 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $48.26, for a total transaction of $70,121.78. Following the transaction, the insider now owns 4,174 shares of the company’s stock, valued at $201,437.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.09% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its stake in 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 buying an additional 217 shares in the last quarter. Magnetar Financial LLC acquired a new stake in shares of Donaldson in the 3rd quarter valued at $201,000. CIBC Asset Management Inc acquired a new stake in shares of Donaldson in the 3rd quarter valued at $201,000. Quantbot Technologies LP acquired a new stake in shares of Donaldson in the 2nd quarter valued at $207,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Donaldson in the 2nd quarter valued at $209,000. Hedge funds and other institutional investors own 77.63% of the company’s stock.

Donaldson (DCI) traded up $0.80 during trading hours on Tuesday, hitting $51.23. 658,800 shares of the stock were exchanged, compared to its average volume of 479,278. Donaldson has a 12 month low of $41.46 and a 12 month high of $51.38. The company has a market capitalization of $6,660.00, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 2.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.13 and a current ratio of 2.90.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Thursday, November 30th. The industrial products company reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.04. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The company had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. During the same quarter last year, the firm posted ($0.05) earnings per share. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. research analysts expect that Donaldson will post 1.99 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Wednesday, December 6th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date was Tuesday, December 5th. Donaldson’s dividend payout ratio (DPR) is currently 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.

Analyst Recommendations for Donaldson (NYSE:DCI)

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