Donaldson Company, Inc. (NYSE:DCI)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group LLC in a note issued to investors on Tuesday. They presently have a $54.00 price objective on the industrial products company’s stock. Jefferies Group LLC’s price objective would indicate a potential upside of 15.98% from the company’s current price.

A number of other research analysts have also weighed in on DCI. Zacks Investment Research upgraded Donaldson from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Friday, June 9th. BidaskClub upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price (down from $48.00) on shares of Donaldson in a research report on Friday, September 8th. Robert W. Baird reissued a “hold” rating and set a $47.00 price target on shares of Donaldson in a research note on Friday, September 8th. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Donaldson in a research note on Thursday, September 7th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Donaldson has a consensus rating of “Hold” and an average target price of $49.50.

Donaldson (NYSE DCI) traded up 0.06% during midday trading on Tuesday, reaching $46.56. The company had a trading volume of 366,841 shares. Donaldson has a 52 week low of $35.85 and a 52 week high of $48.91. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 26.76 and a beta of 1.22. The firm has a 50-day moving average price of $45.87 and a 200-day moving average price of $46.07.

Donaldson (NYSE:DCI) last announced its quarterly earnings results on Thursday, September 7th. The industrial products company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.02). The company had revenue of $660.10 million during the quarter, compared to analysts’ expectations of $634.41 million. Donaldson had a return on equity of 28.14% and a net margin of 9.81%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 EPS. Analysts expect that Donaldson will post ($0.38) EPS for the current fiscal year.

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Large investors have recently modified their holdings of the business. Schroder Investment Management Group bought a new stake in shares of Donaldson in the 1st quarter worth about $154,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Donaldson by 5.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,217 shares of the industrial products company’s stock valued at $192,000 after buying an additional 217 shares in the last quarter. Mosaic Family Wealth LLC raised its position in shares of Donaldson by 5.1% during the 2nd quarter. Mosaic Family Wealth LLC now owns 4,428 shares of the industrial products company’s stock valued at $202,000 after buying an additional 213 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Donaldson during the 2nd quarter valued at about $207,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Donaldson during the 1st quarter valued at about $209,000. 78.24% of the stock is owned by institutional investors and hedge funds.

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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