Donaldson Company, Inc. (NYSE:DCI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Donaldson Company, Inc. (NYSE:DCI) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $97.8333.

DCI has been the subject of a number of research reports. Robert W. Baird reduced their target price on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Stifel Nicolaus dropped their price target on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating on the stock in a research note on Thursday, June 4th. Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. UBS Group set a $96.00 price target on shares of Donaldson in a research note on Tuesday, February 24th. Finally, Morgan Stanley dropped their price target on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th.

Insider Activity at Donaldson

In related news, Director James Owens sold 13,753 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the sale, the director directly owned 22,565 shares in the company, valued at approximately $2,013,023.65. This represents a 37.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 19,800 shares of company stock worth $1,765,184. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Donaldson

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in Donaldson by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 490,001 shares of the industrial products company’s stock worth $40,108,000 after purchasing an additional 25,156 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Donaldson by 3,094.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 44,377 shares of the industrial products company’s stock worth $3,934,000 after purchasing an additional 42,988 shares in the last quarter. Artemis Investment Management LLP purchased a new stake in Donaldson in the 4th quarter worth approximately $1,494,000. Dimensional Fund Advisors LP lifted its stake in Donaldson by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,994,211 shares of the industrial products company’s stock worth $163,218,000 after purchasing an additional 20,478 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in Donaldson in the 4th quarter worth approximately $17,105,000. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Donaldson Stock Up 1.1%

Donaldson stock opened at $86.32 on Monday. Donaldson has a twelve month low of $67.71 and a twelve month high of $112.84. The firm has a 50 day moving average price of $85.78 and a 200-day moving average price of $91.69. The company has a market capitalization of $10.01 billion, a P/E ratio of 23.20, a P/E/G ratio of 2.16 and a beta of 0.95. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI) last released its earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The firm had revenue of $995.10 million during the quarter, compared to the consensus estimate of $973.65 million. During the same period in the prior year, the firm earned $0.99 EPS. The company’s revenue was up 5.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, equities analysts predict that Donaldson will post 3.96 EPS for the current year.

Donaldson Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, June 15th. This is an increase from Donaldson’s previous quarterly dividend of $0.30. Donaldson’s dividend payout ratio is currently 32.26%.

About Donaldson

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.