Brokerages expect Donaldson Company, Inc. (NYSE:DCI) to post sales of $717.09 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Donaldson’s earnings. The lowest sales estimate is $711.00 million and the highest is $725.45 million. Donaldson reported sales of $664.70 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.9%. The firm is scheduled to announce its next earnings results before the market opens on Tuesday, March 5th.

According to Zacks, analysts expect that Donaldson will report full-year sales of $2.97 billion for the current year, with estimates ranging from $2.93 billion to $3.00 billion. For the next year, analysts expect that the company will post sales of $3.12 billion, with estimates ranging from $3.08 billion to $3.17 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Donaldson.

Donaldson (NYSE:DCI) last posted its earnings results on Tuesday, December 4th. The industrial products company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.01). The business had revenue of $701.40 million during the quarter, compared to the consensus estimate of $700.98 million. Donaldson had a return on equity of 32.75% and a net margin of 6.92%. The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share.

A number of analysts recently commented on DCI shares. SunTrust Banks reaffirmed a “hold” rating and issued a $56.00 target price on shares of Donaldson in a research report on Thursday, December 6th. Stifel Nicolaus reiterated a “hold” rating and set a $53.00 price target on shares of Donaldson in a research report on Thursday, December 6th. ValuEngine cut shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. Oppenheimer reiterated a “hold” rating on shares of Donaldson in a research report on Sunday, October 14th. Finally, Robert W. Baird reiterated a “hold” rating and set a $52.00 price target on shares of Donaldson in a research report on Friday, December 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. Donaldson currently has a consensus rating of “Hold” and an average price target of $55.25.

Institutional investors and hedge funds have recently made changes to their positions in the business. F3Logic LLC increased its position in Donaldson by 1.9% during the 4th quarter. F3Logic LLC now owns 11,903 shares of the industrial products company’s stock worth $518,000 after purchasing an additional 218 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of Donaldson by 5.0% during the fourth quarter. D.A. Davidson & CO. now owns 5,702 shares of the industrial products company’s stock worth $247,000 after buying an additional 271 shares in the last quarter. ETF Managers Group LLC grew its position in shares of Donaldson by 15.7% during the fourth quarter. ETF Managers Group LLC now owns 2,892 shares of the industrial products company’s stock worth $125,000 after buying an additional 393 shares in the last quarter. Highwater Wealth Management LLC acquired a new stake in shares of Donaldson during the fourth quarter worth approximately $27,000. Finally, Victory Capital Management Inc. grew its position in shares of Donaldson by 34.9% during the fourth quarter. Victory Capital Management Inc. now owns 2,344 shares of the industrial products company’s stock worth $102,000 after buying an additional 607 shares in the last quarter. Institutional investors and hedge funds own 83.47% of the company’s stock.

DCI stock traded down $0.03 during mid-day trading on Wednesday, reaching $47.73. The company had a trading volume of 465,133 shares, compared to its average volume of 502,501. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.66 and a current ratio of 2.40. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 1.74 and a beta of 1.41. Donaldson has a one year low of $40.27 and a one year high of $59.43.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Monday, February 11th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, February 8th. Donaldson’s dividend payout ratio is presently 38.00%.

Donaldson Company Profile

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.

Featured Story: How liquidity affects the bid-ask spread

Get a free copy of the Zacks research report on Donaldson (DCI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Donaldson (NYSE:DCI)

Receive News & Ratings for Donaldson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson and related companies with MarketBeat.com's FREE daily email newsletter.