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

Shares of Donaldson Company, Inc. (NYSE:DCI) have been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $97.8333.

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

Insider Activity at Donaldson

In other news, Director James Owens sold 13,753 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total value 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 $2,013,023.65. This represents a 37.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 19,800 shares of company stock valued at $1,765,184 over the last three months. Corporate insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Donaldson

Institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp boosted its holdings in Donaldson by 0.7% during 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 during the last quarter. Geode Capital Management LLC lifted its position in shares of Donaldson by 0.6% during 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 in the last quarter. Morgan Stanley boosted its holdings in Donaldson by 1.9% during 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 during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Donaldson by 22.0% in 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 in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Donaldson by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock worth $178,224,000 after purchasing an additional 15,799 shares in the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Donaldson Stock Performance

Shares of DCI opened at $89.57 on Friday. 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 stock has a 50-day moving average of $85.70 and a 200-day moving average of $91.32. The company has a market cap of $10.38 billion, a PE ratio of 24.08, a P/E/G ratio of 2.31 and a beta of 0.93. Donaldson has a one year low of $69.03 and a one year high of $112.84.

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

Donaldson Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. This is an increase from Donaldson’s previous quarterly dividend of $0.30. Donaldson’s dividend payout ratio is presently 34.41%.

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.