Donaldson Company, Inc. (DCI) – What Are Investment Firms Saying About This Stock?

Shares of Donaldson Company, Inc. (NYSE:DCI) have received a consensus rating of “Moderate Buy” from the five analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $101.67.

A number of research analysts have recently weighed in on DCI shares. Morgan Stanley raised their price objective on shares of Donaldson from $91.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 29th. Stifel Nicolaus set a $95.00 target price on Donaldson in a research note on Friday, August 28th. Weiss Ratings upgraded Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Robert W. Baird raised their price target on Donaldson from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Finally, Wall Street Zen downgraded Donaldson from a “buy” rating to a “hold” rating in a research report on Saturday, September 19th.

Donaldson Price Performance

Shares of NYSE:DCI opened at $87.85 on Thursday. Donaldson has a 52 week low of $79.61 and a 52 week high of $112.84. The company has a 50-day moving average price of $87.18 and a 200 day moving average price of $90.20. The company has a market cap of $10.18 billion, a P/E ratio of 22.82, a PEG ratio of 2.02 and a beta of 0.88. The company has a quick ratio of 1.41, a current ratio of 2.08 and a debt-to-equity ratio of 0.73.

Donaldson (NYSE:DCI) last released its earnings results on Tuesday, August 25th. The industrial products company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.02. Donaldson had a return on equity of 28.68% and a net margin of 11.68%. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Research analysts predict that Donaldson will post 4.33 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. First Nebraska Trust Co purchased a new position in shares of Donaldson during the 2nd quarter worth about $7,299,000. Bank of America Corp DE purchased a new stake in Donaldson in the second quarter valued at approximately $46,685,000. BlackRock Inc. purchased a new stake in Donaldson in the second quarter valued at approximately $1,072,012,000. Engineers Gate Manager LP acquired a new position in Donaldson during the second quarter worth approximately $1,282,000. Finally, Hsbc Holdings PLC acquired a new position in Donaldson during the second quarter worth approximately $6,310,000. Hedge funds and other institutional investors own 82.81% of the company’s stock.

About Donaldson

Donaldson Company, Inc. is a global manufacturer of filtration systems and replacement parts. Founded in 1915, the company serves customers in industries including agriculture, construction, mining, transportation, manufacturing, and life sciences. Its products include air, liquid, fuel, and lubricating-oil filters for engines and equipment, as well as dust-collection systems and filtration solutions for compressed air and gas. Donaldson also provides filtration technologies for applications such as food and beverage production, bioprocessing, and other life sciences uses.