Donaldson (NYSE:DCI) had its price objective decreased by Stifel Nicolaus from $53.00 to $51.00 in a research report report published on Wednesday. Stifel Nicolaus currently has a hold rating on the industrial products company’s stock.
A number of other equities analysts have also recently commented on the stock. Gabelli raised shares of Donaldson from a neutral rating to a buy rating in a research report on Wednesday. They noted that the move was a valuation call. Zacks Investment Research cut shares of Donaldson from a buy rating to a hold rating in a research report on Wednesday, February 14th. Oppenheimer reaffirmed a hold rating on shares of Donaldson in a research report on Monday, December 18th. SunTrust Banks reaffirmed a hold rating and set a $50.00 price objective on shares of Donaldson in a research report on Friday, December 1st. Finally, Jefferies Group reaffirmed a buy rating and set a $57.00 price objective on shares of Donaldson in a research report on Friday, December 1st. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $51.00.
Donaldson (NYSE:DCI) opened at $45.55 on Wednesday. Donaldson has a 52 week low of $42.59 and a 52 week high of $52.20. The company has a quick ratio of 2.13, a current ratio of 2.94 and a debt-to-equity ratio of 0.81. The firm has a market cap of $5,835.45, a price-to-earnings ratio of 44.66, a P/E/G ratio of 2.04 and a beta of 1.12.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 6th. Shareholders of record on Wednesday, February 14th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.72 dividend on an annualized basis and a yield of 1.58%. Donaldson’s dividend payout ratio (DPR) is 70.59%.
In other Donaldson news, insider Melissa A. Osland sold 1,453 shares of Donaldson stock in a transaction 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 completion of the transaction, the insider now directly owns 4,174 shares of the company’s stock, valued at $201,437.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.09% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the business. Advisor Group Inc. boosted its position in shares of Donaldson by 91.3% in the fourth quarter. Advisor Group Inc. now owns 3,139 shares of the industrial products company’s stock valued at $154,000 after acquiring an additional 1,498 shares during the period. Fuller & Thaler Asset Management Inc. boosted its position in shares of Donaldson by 51.5% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,235 shares of the industrial products company’s stock valued at $158,000 after acquiring an additional 1,100 shares during the period. ETRADE Capital Management LLC bought a new stake in shares of Donaldson in the fourth quarter valued at about $202,000. BB&T Corp bought a new stake in shares of Donaldson in the fourth quarter valued at about $210,000. Finally, Magnetar Financial LLC bought a new stake in shares of Donaldson in the third quarter valued at about $201,000. 77.94% of the stock is owned by hedge funds and other institutional investors.
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.
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