Donaldson (NYSE:DCI) Upgraded at StockNews.com

Donaldson (NYSE:DCI) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Thursday.

Other equities research analysts have also issued reports about the stock. Raymond James initiated coverage on shares of Donaldson in a report on Friday, June 28th. They set a “market perform” rating on the stock. Robert W. Baird reduced their price objective on Donaldson from $80.00 to $79.00 and set an “outperform” rating on the stock in a research note on Monday, June 3rd. Finally, Stifel Nicolaus decreased their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $69.67.

Donaldson Stock Up 0.9 %

Shares of NYSE:DCI opened at $70.69 on Thursday. The firm has a market capitalization of $8.51 billion, a PE ratio of 21.89, a price-to-earnings-growth ratio of 1.84 and a beta of 1.05. Donaldson has a 1 year low of $57.05 and a 1 year high of $78.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23. The firm’s 50-day moving average is $72.34 and its two-hundred day moving average is $72.86.

Insider Buying and Selling at Donaldson

In other Donaldson news, CFO Scott J. Robinson sold 37,600 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $70.97, for a total value of $2,668,472.00. Following the sale, the chief financial officer now directly owns 37,702 shares in the company, valued at $2,675,710.94. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.58% of the company’s stock.

Institutional Trading of Donaldson

Several institutional investors have recently modified their holdings of DCI. Wealthspire Advisors LLC grew its position in shares of Donaldson by 2.8% in the 1st quarter. Wealthspire Advisors LLC now owns 5,106 shares of the industrial products company’s stock valued at $381,000 after buying an additional 140 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Donaldson by 1.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,364 shares of the industrial products company’s stock worth $813,000 after purchasing an additional 146 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Donaldson by 31.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 766 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 184 shares during the last quarter. Oak Family Advisors LLC boosted its position in shares of Donaldson by 4.3% in the 2nd quarter. Oak Family Advisors LLC now owns 4,742 shares of the industrial products company’s stock valued at $339,000 after purchasing an additional 197 shares during the period. Finally, SkyOak Wealth LLC grew its stake in Donaldson by 5.3% during the 1st quarter. SkyOak Wealth LLC now owns 4,561 shares of the industrial products company’s stock worth $341,000 after buying an additional 228 shares during the last quarter. Hedge funds and other 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.