Shares of Donaldson Co. (NYSE:DCI) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $37.65 and last traded at $37.63, with a volume of 315,906 shares trading hands. The stock had previously closed at $37.23.

A number of equities analysts recently issued reports on the stock. TheStreet raised shares of Donaldson from a “hold” rating to a “buy” rating in a report on Friday, June 24th. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of Donaldson in a report on Thursday, May 26th. CL King assumed coverage on shares of Donaldson in a report on Wednesday, June 8th. They issued a “buy” rating and a $41.00 price objective on the stock. Finally, Zacks Investment Research downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Monday, June 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $33.60.

The stock has a market cap of $5.00 billion and a P/E ratio of 27.182. The company has a 50 day moving average price of $36.06 and a 200-day moving average price of $33.34.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, June 2nd. The company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.04. The firm earned $571.30 million during the quarter, compared to the consensus estimate of $550.79 million. During the same quarter in the prior year, the firm posted $0.36 earnings per share. The business’s revenue for the quarter was down .7% compared to the same quarter last year. On average, equities analysts forecast that Donaldson Co. will post $1.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be issued a $0.175 dividend. The ex-dividend date of this dividend is Thursday, August 11th. This represents a $0.70 dividend on an annualized basis and a yield of 1.87%.

In other news, Director Willard D. Oberton sold 7,400 shares of the company’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $36.55, for a total transaction of $270,470.00. Following the transaction, the director now owns 20,501 shares in the company, valued at $749,311.55. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michael J. Hoffman sold 14,400 shares of the company’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $36.52, for a total transaction of $525,888.00. Following the transaction, the director now owns 40,647 shares in the company, valued at approximately $1,484,428.44. The disclosure for this sale can be found here.

An institutional investor recently bought a new position in Donaldson stock. Stephens Inc. AR acquired a new stake in shares of Donaldson Co. (NYSE:DCI) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 43,680 shares of the company’s stock, valued at approximately $1,252,000.

Donaldson Company, Inc is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets, including dust collection, power generation, specialty filtration, compressed air purification, off-road equipment, industrial compressors, heavy trucks and light vehicles.

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