Donaldson Company, Inc. (NYSE:DCI) Receives $97.83 Consensus Price Target from Brokerages

Donaldson Company, Inc. (NYSE:DCI) has received an average rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $97.8333.

DCI has been the topic of several recent research reports. Wells Fargo & Company set a $91.00 target price on shares of Donaldson in a research report on Thursday, June 4th. Morgan Stanley decreased their target price on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Robert W. Baird decreased their target price 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. UBS Group set a $96.00 target price on shares of Donaldson in a research report on Tuesday, February 24th. Finally, Wall Street Zen lowered shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Sunday.

Donaldson Price Performance

Shares of Donaldson stock opened at $86.32 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.55 and a current ratio of 2.35. The firm’s 50-day simple moving average is $85.78 and its 200-day simple moving average is $91.71. Donaldson has a twelve month low of $67.71 and a twelve month high of $112.84. The firm has a market cap of $10.01 billion, a P/E ratio of 23.20, a price-to-earnings-growth ratio of 2.18 and a beta of 0.95.

Donaldson (NYSE:DCI) last issued 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 net margin of 11.52% and a return on equity of 29.17%. The business had revenue of $995.10 million for the quarter, compared to analyst estimates of $973.65 million. During the same period in the previous year, the business earned $0.99 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, research analysts expect that Donaldson will post 3.96 EPS for the current fiscal year.

Donaldson Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. This is a boost from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, June 15th. Donaldson’s dividend payout ratio (DPR) is presently 32.26%.

Insider Buying and Selling

In other Donaldson news, Director James Owens sold 13,753 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $89.21, for a total value of $1,226,905.13. Following the transaction, the director directly owned 22,565 shares in the company, valued at $2,013,023.65. The trade was a 37.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 19,800 shares of company stock valued at $1,765,184 in the last quarter. 2.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Donaldson

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Nebraska Trust Co acquired a new position in Donaldson in the first quarter valued at about $6,918,000. Bank of America Corp DE boosted its position in Donaldson by 41.2% in the first quarter. Bank of America Corp DE now owns 442,180 shares of the industrial products company’s stock valued at $37,528,000 after buying an additional 128,913 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Donaldson in the first quarter valued at about $1,947,000. Amundi boosted its position in Donaldson by 16.5% in the first quarter. Amundi now owns 6,377 shares of the industrial products company’s stock valued at $541,000 after buying an additional 905 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Donaldson by 57.3% in the first quarter. EverSource Wealth Advisors LLC now owns 3,315 shares of the industrial products company’s stock valued at $281,000 after buying an additional 1,208 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

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.