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

Shares of Donaldson Company, Inc. (NYSE:DCI) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $97.8333.

A number of research firms have weighed in on DCI. Robert W. Baird cut their price objective on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Morgan Stanley cut their price target on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a report on Monday, March 9th. Stifel Nicolaus decreased their price objective on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a research note on Thursday, June 4th. Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Finally, Wells Fargo & Company set a $91.00 price target on Donaldson in a report on Thursday, June 4th.

Donaldson Price Performance

NYSE:DCI opened at $88.96 on Friday. The firm has a market capitalization of $10.31 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 2.24 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.35 and a quick ratio of 1.55. The business has a 50 day simple moving average of $85.57 and a 200-day simple moving average of $91.35. Donaldson has a 1 year low of $69.03 and a 1 year high of $112.84.

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 the consensus estimate of $1.05 by $0.01. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The firm had revenue of $995.10 million for the quarter, compared to the consensus estimate of $973.65 million. During the same quarter in the previous year, the company posted $0.99 EPS. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Equities analysts forecast that Donaldson will post 3.96 EPS for the current year.

Donaldson Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.32 dividend. The ex-dividend date was Monday, June 15th. This is a positive change from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. Donaldson’s payout ratio is 34.41%.

Insider Activity

In other news, Director James Owens sold 13,753 shares of the business’s stock in a transaction 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 completion of the sale, the director directly owned 22,565 shares of the company’s stock, valued at approximately $2,013,023.65. The trade was a 37.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 19,800 shares of company stock worth $1,765,184 over the last ninety days. 2.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Donaldson

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DCI. State Street Corp grew its stake in Donaldson by 0.7% in the 2nd quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after acquiring an additional 36,866 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Donaldson by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,846,214 shares of the industrial products company’s stock valued at $252,386,000 after purchasing an additional 15,674 shares during the period. Morgan Stanley grew its stake in Donaldson by 1.9% in the fourth quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock worth $225,389,000 after purchasing an additional 47,062 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in Donaldson by 22.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock worth $187,037,000 after purchasing an additional 380,419 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Donaldson by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock valued at $178,224,000 after purchasing an additional 15,799 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Donaldson Company Profile

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.