Donaldson Company, Inc. (DCI) Given Average Recommendation of “Hold” by Brokerages

Donaldson Company, Inc. (NYSE:DCI) has been given an average recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $51.75.

DCI has been the topic of a number of recent analyst reports. Jefferies Group restated a “buy” rating and issued a $57.00 price target on shares of Donaldson in a research report on Friday, December 1st. Zacks Investment Research upgraded shares of Donaldson from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Monday, November 27th. Stifel Nicolaus restated a “hold” rating and issued a $53.00 price target (up from $50.00) on shares of Donaldson in a research report on Tuesday, January 16th. Oppenheimer restated a “hold” rating on shares of Donaldson in a research report on Monday, December 18th. Finally, SunTrust Banks restated a “hold” rating and issued a $50.00 price target on shares of Donaldson in a research report on Friday, December 1st.

Donaldson (NYSE:DCI) traded up $0.32 during trading hours on Friday, reaching $46.22. 537,072 shares of the company’s stock were exchanged, compared to its average volume of 449,882. The firm has a market capitalization of $5,962.76, a price-to-earnings ratio of 26.11, a PEG ratio of 2.07 and a beta of 1.10. Donaldson has a 52-week low of $41.71 and a 52-week high of $52.20. 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. The firm had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The company’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.05) earnings per share. analysts expect that Donaldson will post 2 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.56%. Donaldson’s payout ratio is 40.68%.

In other news, insider Melissa A. Osland sold 1,453 shares of the company’s stock in a transaction that occurred 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 directly owns 4,174 shares in the company, valued at $201,437.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.09% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the company. Koch Industries Inc. acquired a new position in shares of Donaldson during the second quarter worth approximately $618,000. The Manufacturers Life Insurance Company lifted its position in shares of Donaldson by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 194,377 shares of the industrial products company’s stock worth $8,852,000 after purchasing an additional 3,354 shares in the last quarter. Mondrian Investment Partners LTD lifted its position in shares of Donaldson by 7.5% during the third quarter. Mondrian Investment Partners LTD now owns 39,122 shares of the industrial products company’s stock worth $1,797,000 after purchasing an additional 2,733 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Donaldson by 7.5% during the third quarter. Dimensional Fund Advisors LP now owns 877,588 shares of the industrial products company’s stock worth $40,317,000 after buying an additional 61,371 shares during the last quarter. Finally, Mountain Pacific Investment Advisers Inc. ID raised its stake in shares of Donaldson by 1.0% during the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 661,487 shares of the industrial products company’s stock worth $30,389,000 after buying an additional 6,480 shares during the last quarter. Institutional investors own 77.84% of the company’s stock.

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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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