Donaldson Company, Inc. (NYSE:DCI) Stock Rated “Moderate Buy” by Sell-Side Analysts

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

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DCI. IFP Advisors Inc boosted its stake in Donaldson by 9.9% in the 3rd quarter. IFP Advisors Inc now owns 1,283 shares of the industrial products company’s stock worth $112,000 after buying an additional 116 shares during the last quarter. HB Wealth Management LLC increased its stake in Donaldson by 3.8% during the first quarter. HB Wealth Management LLC now owns 3,502 shares of the industrial products company’s stock worth $297,000 after acquiring an additional 129 shares during the last quarter. Blue Trust Inc. increased its position in Donaldson by 4.8% during the 1st quarter. Blue Trust Inc. now owns 2,925 shares of the industrial products company’s stock worth $248,000 after purchasing an additional 133 shares in the last quarter. Bessemer Group Inc. increased its holdings in Donaldson by 8.9% in the 1st quarter. Bessemer Group Inc. now owns 1,707 shares of the industrial products company’s stock valued at $145,000 after purchasing an additional 139 shares in the last quarter. Finally, Studio Investment Management LLC lifted its position in Donaldson by 1.6% during the 2nd quarter. Studio Investment Management LLC now owns 11,413 shares of the industrial products company’s stock worth $1,025,000 after acquiring an additional 185 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Trading Up 0.2%

Shares of NYSE DCI opened at $87.94 on Friday. The stock has a fifty day simple moving average of $89.96 and a 200-day simple moving average of $88.51. Donaldson has a twelve month low of $79.61 and a twelve month high of $112.84. The stock has a market capitalization of $10.19 billion, a PE ratio of 22.84, a PEG ratio of 2.03 and a beta of 0.87. The company has a current ratio of 2.08, a quick ratio of 1.41 and a debt-to-equity ratio of 0.73.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Tuesday, August 25th. The industrial products company reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. Donaldson had a net margin of 11.68% and a return on equity of 28.68%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the business posted $1.03 earnings per share. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, equities analysts forecast that Donaldson will post 4.33 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, August 17th. Donaldson’s dividend payout ratio is 33.25%.

About Donaldson

Donaldson Company, Inc is a global manufacturer of filtration systems and related products. Founded in 1915 by Frank Donaldson, the company develops solutions that help protect engines, equipment, industrial processes and the environment from airborne and liquid contaminants.

Donaldson serves the engine and industrial markets. Its products include air and liquid filters, exhaust and emissions systems, hydraulic and fuel filtration products, dust and fume collectors, compressed-air and gas filtration systems, and filtration solutions for manufacturing, energy, transportation, agriculture, construction and other applications.