Donaldson (NYSE:DCI) Issues FY 2027 Earnings Guidance

Donaldson (NYSE:DCI) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.220-4.380 for the period, compared to the consensus earnings per share estimate of 4.400. The company issued revenue guidance of $4.1 billion-$4.3 billion, compared to the consensus revenue estimate of $4.2 billion.

Analyst Ratings Changes

Several brokerages have recently commented on DCI. Stifel Nicolaus lowered their target price on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a report on Thursday, June 4th. Robert W. Baird upped their target price on Donaldson from $95.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Weiss Ratings upgraded Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Wells Fargo & Company set a $91.00 price objective on Donaldson in a research report on Thursday, June 4th. Finally, Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $99.50.

Donaldson Price Performance

Donaldson stock opened at $93.29 on Wednesday. The business’s 50 day simple moving average is $91.55 and its 200 day simple moving average is $90.52. Donaldson has a 12 month low of $75.58 and a 12 month high of $112.84. The company has a market cap of $10.81 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 2.11 and a beta of 0.92. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, August 25th. The industrial products company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.02. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Sell-side analysts forecast that Donaldson will post 3.96 EPS for the current year.

Donaldson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, August 17th. Donaldson’s payout ratio is currently 34.41%.

Institutional Trading of Donaldson

Institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its position in shares of Donaldson by 1.6% in the fourth quarter. Invesco Ltd. now owns 1,355,944 shares of the industrial products company’s stock valued at $120,218,000 after acquiring an additional 21,268 shares during the period. Corient Private Wealth LLC boosted its holdings in Donaldson by 294.3% in the 4th quarter. Corient Private Wealth LLC now owns 169,948 shares of the industrial products company’s stock valued at $15,068,000 after purchasing an additional 126,849 shares during the period. Strive Financial Group LLC bought a new position in Donaldson in the 4th quarter valued at $57,000. Mercer Global Advisors Inc. ADV grew its position in shares of Donaldson by 17.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 19,369 shares of the industrial products company’s stock valued at $1,717,000 after purchasing an additional 2,917 shares in the last quarter. Finally, Wealthspire Retirement LLC bought a new position in shares of Donaldson in the fourth quarter worth $209,000. Hedge funds and other 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.