Weiss Ratings Reiterates "Buy (B)" Rating for Donaldson (NYSE:DCI)

Key Points

• Weiss Ratings has reiterated its "Buy (B)" rating for Donaldson (NYSE: DCI), reflecting a positive outlook from analysts.
• Several analysts have recently upgraded their ratings on Donaldson, with Morgan Stanley raising the target price from $69 to $72 and Stifel Nicolaus increasing it from $69 to $84.
• Donaldson's stock has shown strong trading performance, recently closing at $81.97, and maintaining a market capitalization of $9.49 billion.

Donaldson (NYSE:DCI - Get Free Report)'s stock had its "buy (b)" rating reissued by stock analysts at Weiss Ratings in a research report issued to clients and investors on Tuesday,Weiss Ratings reports.

A number of other equities analysts have also recently commented on DCI. Wall Street Zen raised Donaldson from a "hold" rating to a "buy" rating in a report on Friday, October 3rd. Morgan Stanley upped their target price on Donaldson from $69.00 to $72.00 and gave the stock an "underweight" rating in a report on Tuesday, September 2nd. Stifel Nicolaus upped their target price on Donaldson from $69.00 to $84.00 and gave the stock a "hold" rating in a report on Thursday, August 28th. Finally, Robert W. Baird upped their target price on Donaldson from $78.00 to $85.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $80.33.

Donaldson Price Performance

Shares of Donaldson stock traded up $0.96 during trading on Tuesday, reaching $81.97. 95,132 shares of the company's stock were exchanged, compared to its average volume of 593,803. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. Donaldson has a 1-year low of $57.45 and a 1-year high of $83.43. The company has a market cap of $9.49 billion, a P/E ratio of 26.89, a PEG ratio of 1.89 and a beta of 0.99. The firm's 50-day moving average price is $78.76 and its 200 day moving average price is $71.85.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 28th. The industrial products company reported $0.57 EPS for the quarter. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The company had revenue of $802.50 million during the quarter. As a group, research analysts anticipate that Donaldson will post 3.64 earnings per share for the current year.

Insider Activity at Donaldson

In related news, President Guillermo Briseno sold 13,500 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the sale, the president owned 25,309 shares in the company, valued at $2,000,170.27. This represents a 34.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Amy C. Becker sold 18,500 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $81.71, for a total value of $1,511,635.00. Following the sale, the insider owned 44,645 shares in the company, valued at approximately $3,647,942.95. The trade was a 29.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 63,900 shares of company stock worth $5,129,264 in the last 90 days. Corporate insiders own 2.20% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DCI. Cullen Frost Bankers Inc. bought a new position in Donaldson in the first quarter worth approximately $29,000. Hantz Financial Services Inc. boosted its holdings in Donaldson by 5,112.5% in the second quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company's stock worth $29,000 after acquiring an additional 409 shares in the last quarter. NewSquare Capital LLC bought a new position in Donaldson in the second quarter worth approximately $34,000. Brooklyn Investment Group boosted its holdings in Donaldson by 113.9% in the first quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company's stock worth $40,000 after acquiring an additional 320 shares in the last quarter. Finally, Steph & Co. bought a new position in Donaldson in the second quarter worth approximately $46,000. Institutional investors own 82.81% of the company's stock.

Donaldson Company Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.

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