Shares of Donaldson Co. (NYSE:DCI) hit a new 52-week high on Monday . The company traded as high as $37.95 and last traded at $37.79, with a volume of 378,345 shares. The stock had previously closed at $37.57.

A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of Donaldson from a “hold” rating to a “sell” rating in a research report on Wednesday, August 3rd. TheStreet raised shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, June 24th. Oppenheimer Holdings Inc. reaffirmed a “market perform” rating on shares of Donaldson in a research report on Thursday, May 26th. Finally, CL King assumed coverage on shares of Donaldson in a research report on Wednesday, June 8th. They set a “buy” rating and a $41.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Donaldson has an average rating of “Hold” and a consensus price target of $33.60.

The firm’s 50-day moving average price is $36.35 and its 200-day moving average price is $33.55. The stock has a market capitalization of $5.03 billion and a P/E ratio of 27.34.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Thursday, June 2nd. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.04. During the same period in the prior year, the business posted $0.36 EPS. The firm earned $571.30 million during the quarter, compared to analyst estimates of $550.79 million. The company’s revenue for the quarter was down .7% on a year-over-year basis. Equities analysts predict that Donaldson Co. will post $1.54 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Investors of record on Monday, August 15th will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Thursday, August 11th.

In related news, Director Michael J. Hoffman sold 14,400 shares of the firm’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $36.52, for a total value of $525,888.00. Following the completion of the transaction, the director now owns 40,647 shares of the company’s stock, valued at approximately $1,484,428.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Willard D. Oberton sold 7,400 shares of the firm’s stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $36.55, for a total transaction of $270,470.00. Following the completion of the transaction, the director now directly owns 20,501 shares of the company’s stock, valued at approximately $749,311.55. The disclosure for this sale can be found here.

A hedge fund recently bought a new stake in Donaldson stock. Stephens Inc. AR bought a new position in Donaldson Co. (NYSE:DCI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 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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