Donaldson (NYSE:DCI) Rating Increased to Buy at Wall Street Zen

Donaldson (NYSE:DCI) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

DCI has been the topic of several other reports. Wells Fargo & Company set a $91.00 price target on Donaldson in a report on Thursday, June 4th. Weiss Ratings upgraded shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Robert W. Baird decreased their price target 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. Finally, 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. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Donaldson presently has an average rating of “Moderate Buy” and a consensus price target of $97.83.

Donaldson Stock Performance

Shares of DCI stock traded up $0.57 during trading hours on Friday, reaching $89.09. The company had a trading volume of 533,939 shares, compared to its average volume of 766,174. 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 business has a fifty day moving average price of $85.72 and a 200-day moving average price of $91.25. Donaldson has a one year low of $69.03 and a one year high of $112.84. The firm has a market cap of $10.33 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 2.26 and a beta of 0.93.

Donaldson (NYSE:DCI) last issued its quarterly earnings data 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 company had revenue of $995.10 million for the quarter, compared to the consensus estimate of $973.65 million. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The firm’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. Sell-side analysts predict that Donaldson will post 3.96 earnings per share for the current fiscal year.

Insider Activity

In other news, Director James Owens sold 13,753 shares of the firm’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 sale, the director directly owned 22,565 shares in the company, valued at $2,013,023.65. This trade represents a 37.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Donaldson

Institutional investors have recently bought and sold shares of the business. Verdence Capital Advisors LLC grew its stake in Donaldson by 1.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 8,603 shares of the industrial products company’s stock worth $763,000 after buying an additional 101 shares during the last quarter. TIAA Trust National Association raised its stake in Donaldson by 2.0% in the fourth quarter. TIAA Trust National Association now owns 5,589 shares of the industrial products company’s stock valued at $496,000 after buying an additional 108 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of Donaldson by 3.6% during the fourth quarter. Perigon Wealth Management LLC now owns 3,440 shares of the industrial products company’s stock worth $305,000 after acquiring an additional 118 shares during the last quarter. Signaturefd LLC grew its stake in shares of Donaldson by 9.6% during the fourth quarter. Signaturefd LLC now owns 1,403 shares of the industrial products company’s stock worth $124,000 after acquiring an additional 123 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in shares of Donaldson by 3.8% during the first quarter. HB Wealth Management LLC now owns 3,502 shares of the industrial products company’s stock valued at $297,000 after acquiring an additional 129 shares in the last quarter. 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.