Donaldson Company, Inc. (NYSE:DCI) Director Willard D. Oberton sold 14,400 shares of the company’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $49.10, for a total transaction of $707,040.00. Following the sale, the director now directly owns 33,172 shares in the company, valued at approximately $1,628,745.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
DCI stock traded up $0.55 during mid-day trading on Friday, reaching $53.55. 266,903 shares of the stock traded hands, compared to its average volume of 290,719. The company has a quick ratio of 1.61, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. Donaldson Company, Inc. has a one year low of $40.27 and a one year high of $59.43. The stock has a market capitalization of $6.84 billion, a price-to-earnings ratio of 26.78, a price-to-earnings-growth ratio of 2.12 and a beta of 1.43.
Donaldson (NYSE:DCI) last posted its quarterly earnings data on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.04). Donaldson had a net margin of 10.82% and a return on equity of 32.75%. The firm had revenue of $703.70 million for the quarter, compared to the consensus estimate of $719.40 million. During the same quarter last year, the firm earned $0.43 EPS. The company’s revenue was up 5.9% on a year-over-year basis. As a group, equities research analysts expect that Donaldson Company, Inc. will post 2.33 EPS for the current year.
Separately, Zacks Investment Research cut shares of Donaldson from a “hold” rating to a “sell” rating in a research report on Monday, March 11th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $55.25.
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Donaldson Company Profile
Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.
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