Shares of Donaldson Company, Inc. (NYSE:DCI) have earned an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating. The average 1-year price target among analysts that have issued a report on the stock in the last year is $53.00.

Separately, Zacks Investment Research raised shares of GALP ENERGIA SG/ADR from a “sell” rating to a “hold” rating in a research report on Monday, May 27th.

DCI stock traded up $0.05 during midday trading on Friday, reaching $49.73. 347,080 shares of the company were exchanged, compared to its average volume of 339,903. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.63 and a quick ratio of 1.82. The stock’s 50-day simple moving average is $49.40. Donaldson has a one year low of $40.27 and a one year high of $59.43. The firm has a market capitalization of $6.34 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 2.07 and a beta of 1.45.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Tuesday, June 4th. The industrial products company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.04). Donaldson had a return on equity of 32.30% and a net margin of 10.96%. The company had revenue of $713.00 million for the quarter, compared to the consensus estimate of $745.05 million. During the same period last year, the firm earned $0.53 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, research analysts expect that Donaldson will post 2.21 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 29th. Stockholders of record on Tuesday, August 13th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.69%. Donaldson’s payout ratio is presently 42.00%.

In other news, Director John Wiehoff sold 14,400 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $47.88, for a total value of $689,472.00. Following the completion of the sale, the director now owns 66,860 shares of the company’s stock, valued at $3,201,256.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.35% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Donaldson by 1.7% in the first quarter. BlackRock Inc. now owns 11,562,764 shares of the industrial products company’s stock valued at $578,833,000 after acquiring an additional 195,344 shares during the period. BTIM Corp. raised its stake in Donaldson by 1.6% in the second quarter. BTIM Corp. now owns 1,963,235 shares of the industrial products company’s stock valued at $99,850,000 after purchasing an additional 30,536 shares in the last quarter. Pictet Asset Management Ltd. raised its stake in Donaldson by 104.4% in the first quarter. Pictet Asset Management Ltd. now owns 1,627,516 shares of the industrial products company’s stock valued at $81,473,000 after purchasing an additional 831,322 shares in the last quarter. Geode Capital Management LLC raised its stake in Donaldson by 6.6% in the fourth quarter. Geode Capital Management LLC now owns 1,309,517 shares of the industrial products company’s stock valued at $56,819,000 after purchasing an additional 80,514 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Donaldson by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,066,429 shares of the industrial products company’s stock valued at $46,270,000 after purchasing an additional 33,976 shares in the last quarter. 80.65% of the stock is owned by institutional investors.

About Donaldson

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.

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