Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Donaldson Company (DCI – Research Report) today and set a price target of $65.00. The company’s shares closed yesterday at $60.03.
Jones covers the Industrials sector, focusing on stocks such as Lindsay, Valmont, and Curtiss-Wright. According to TipRanks, Jones has an average return of 14.0% and a 63.24% success rate on recommended stocks.
Currently, the analyst consensus on Donaldson Company is a Hold with an average price target of $65.00.
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Based on Donaldson Company’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $1.76 billion and a net profit of $91.9 million. In comparison, last year the company earned a revenue of $890 million and had a net profit of $100.9 million
Based on the recent corporate insider activity of 57 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Donaldson Company (DCI) Company Description:
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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