Donaldson (NYSE:DCI)‘s stock had its “hold” rating reissued by investment analysts at Oppenheimer in a note issued to investors on Thursday.

DCI has been the topic of a number of other reports. Zacks Investment Research raised shares of Donaldson from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Thursday, May 17th. Stifel Nicolaus lowered their price target on shares of Donaldson from $51.00 to $46.00 and set a “hold” rating on the stock in a report on Friday, June 1st. Finally, TheStreet raised shares of Donaldson from a “c+” rating to a “b+” rating in a report on Thursday, May 31st. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $52.20.

Shares of NYSE DCI opened at $55.57 on Thursday. Donaldson has a 1 year low of $42.91 and a 1 year high of $56.30. The firm has a market cap of $6.51 billion, a P/E ratio of 33.09, a PEG ratio of 1.93 and a beta of 1.22. The company has a current ratio of 3.14, a quick ratio of 2.28 and a debt-to-equity ratio of 0.82.

Donaldson (NYSE:DCI) last announced its quarterly earnings results on Thursday, September 6th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.58. Donaldson had a net margin of 5.47% and a return on equity of 30.15%. The firm had revenue of $724.70 million for the quarter, compared to the consensus estimate of $727.79 million. During the same period in the prior year, the firm posted $0.51 earnings per share. The firm’s quarterly revenue was up 9.8% compared to the same quarter last year. research analysts anticipate that Donaldson will post 1.99 EPS for the current year.

In other Donaldson news, Director Michael J. Hoffman sold 14,400 shares of the stock in a transaction on Thursday, July 5th. The shares were sold at an average price of $44.70, for a total transaction of $643,680.00. Following the transaction, the director now directly owns 43,716 shares of the company’s stock, valued at $1,954,105.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.09% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Profund Advisors LLC lifted its holdings in Donaldson by 7.2% during the first quarter. Profund Advisors LLC now owns 16,973 shares of the industrial products company’s stock valued at $765,000 after purchasing an additional 1,138 shares in the last quarter. Ledyard National Bank lifted its holdings in Donaldson by 39.0% during the second quarter. Ledyard National Bank now owns 4,313 shares of the industrial products company’s stock valued at $195,000 after purchasing an additional 1,210 shares in the last quarter. Mason Street Advisors LLC lifted its holdings in Donaldson by 1.9% during the first quarter. Mason Street Advisors LLC now owns 65,247 shares of the industrial products company’s stock valued at $2,939,000 after purchasing an additional 1,247 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Donaldson by 2.9% during the second quarter. Oregon Public Employees Retirement Fund now owns 51,016 shares of the industrial products company’s stock valued at $2,302,000 after purchasing an additional 1,461 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in Donaldson by 20.6% during the first quarter. LPL Financial LLC now owns 8,800 shares of the industrial products company’s stock valued at $396,000 after purchasing an additional 1,505 shares in the last quarter. 80.19% of the stock is currently owned by institutional investors and hedge funds.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Analyst Recommendations for Donaldson (NYSE:DCI)

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