Stifel Nicolaus reaffirmed their hold rating on shares of Donaldson (NYSE:DCI) in a research report sent to investors on Tuesday, Marketbeat.com reports. Stifel Nicolaus currently has a $53.00 target price on the industrial products company’s stock, up from their previous target price of $50.00.

A number of other analysts have also issued reports on DCI. Jefferies Group restated a buy rating and set a $54.00 target price on shares of Donaldson in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of Donaldson from a hold rating to a sell rating in a research report on Tuesday, October 17th. SunTrust Banks reaffirmed a hold rating and set a $46.00 price target on shares of Donaldson in a research note on Friday, October 27th. Finally, Oppenheimer reaffirmed a hold rating on shares of Donaldson in a research note on Friday, December 1st. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $52.20.

Shares of Donaldson (NYSE DCI) traded up $1.07 during midday trading on Tuesday, reaching $52.18. 446,769 shares of the company were exchanged, compared to its average volume of 453,991. Donaldson has a 1 year low of $41.46 and a 1 year high of $52.20. The firm has a market capitalization of $6,780.00, a price-to-earnings ratio of 29.48, a P/E/G ratio of 2.32 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.13 and a current ratio of 2.90.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, November 30th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.04. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The firm had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. During the same quarter last year, the business earned ($0.05) earnings per share. Donaldson’s revenue was up 16.6% compared to the same quarter last year. analysts anticipate that Donaldson will post 2 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Wednesday, December 6th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Tuesday, December 5th. Donaldson’s dividend payout ratio is currently 40.68%.

In other Donaldson news, insider Melissa A. Osland sold 1,453 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $48.26, for a total transaction of $70,121.78. Following the transaction, the insider now owns 4,174 shares of the company’s stock, valued at $201,437.24. 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 large investors have recently bought and sold shares of DCI. Janus Henderson Group PLC raised its stake in Donaldson by 163.8% during the second quarter. Janus Henderson Group PLC now owns 1,479,606 shares of the industrial products company’s stock worth $67,381,000 after purchasing an additional 918,729 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Donaldson by 1,689.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 889,372 shares of the industrial products company’s stock valued at $40,502,000 after acquiring an additional 839,672 shares during the period. Koch Industries Inc. purchased a new position in shares of Donaldson in the 2nd quarter valued at $618,000. AHL Partners LLP raised its stake in shares of Donaldson by 389.2% in the 2nd quarter. AHL Partners LLP now owns 426,836 shares of the industrial products company’s stock valued at $10,540,000 after acquiring an additional 339,586 shares during the period. Finally, BlackRock Inc. raised its stake in shares of Donaldson by 1.9% in the 2nd quarter. BlackRock Inc. now owns 10,590,302 shares of the industrial products company’s stock valued at $482,282,000 after acquiring an additional 199,946 shares during the period. 77.63% of the stock is currently owned by institutional investors.

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About Donaldson

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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