Donaldson (DCI) Set to Announce Earnings on Tuesday

Donaldson (NYSE:DCI) is scheduled to be releasing its earnings data before the market opens on Tuesday, December 3rd. Analysts expect Donaldson to post earnings of $0.82 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Donaldson Trading Up 0.5 %

Donaldson stock opened at $78.05 on Monday. The stock has a market cap of $9.35 billion, a PE ratio of 23.09, a P/E/G ratio of 2.05 and a beta of 1.04. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $75.02 and a 200 day moving average price of $73.42. Donaldson has a 52 week low of $59.78 and a 52 week high of $78.95.

Donaldson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a yield of 1.38%. Donaldson’s dividend payout ratio (DPR) is currently 31.95%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Stifel Nicolaus reduced their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Donaldson presently has a consensus rating of “Hold” and an average price target of $69.67.

Insider Transactions at Donaldson

In related news, CFO Scott J. Robinson sold 83,600 shares of Donaldson stock in a transaction on Friday, September 27th. The shares were sold at an average price of $74.04, for a total transaction of $6,189,744.00. Following the transaction, the chief financial officer now owns 37,702 shares in the company, valued at approximately $2,791,456.08. The trade was a 68.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Thomas R. Scalf sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $73.16, for a total value of $182,900.00. Following the completion of the transaction, the president now directly owns 28,334 shares in the company, valued at $2,072,915.44. This trade represents a 8.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 167,805 shares of company stock worth $12,310,222 in the last ninety days. Insiders own 2.70% 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.