In a report released today, Bryan Blair from Oppenheimer maintained a Hold rating on Donaldson Company (DCI – Research Report). The company’s shares closed yesterday at $61.31.
Blair covers the Industrials sector, focusing on stocks such as Carlisle Companies, IDEX, and Mueller Water Products. According to TipRanks, Blair has an average return of 18.9% and a 64.71% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Donaldson Company with a $68.00 average price target.
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DCI market cap is currently $7.43B and has a P/E ratio of 20.61.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DCI in relation to earlier this year. Last month, Robinson Scott J., the CFO of DCI sold 24,000.00 shares for a total of $1,498,560.00.
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Donaldson Co., Inc. engages in the manufacture of filtration systems and replacement parts. It operates through the following segments: Engine Products and Industrial Products. The Engine Products segment includes replacement filters for both air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems. The Industrial Products segment consist of dust, fume and mist collectors, compressed air purification systems, air filtration systems for gas turbines, polytetrafluoroethylene membrane-based products, and specialized air and gas filtration systems for applications as well as hard disk drives, and semi-conductor manufacturing. The company was founded by Frank Donaldson in 1915 and is headquartered in Minneapolis, MN.
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