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

Donaldson Company, Inc. (NYSE:DCI) has been given an average rating of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $101.00.

DCI has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus set a $95.00 price target on shares of Donaldson in a research report on Friday, August 28th. Weiss Ratings upgraded shares of Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. Wells Fargo & Company set a $91.00 price objective on Donaldson in a report on Thursday, June 4th. Finally, Robert W. Baird upped their price objective on Donaldson from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th.

Donaldson Price Performance

Shares of NYSE:DCI opened at $86.39 on Wednesday. The firm has a market capitalization of $10.01 billion, a PE ratio of 22.44, a PEG ratio of 1.99 and a beta of 0.92. The company has a current ratio of 2.08, a quick ratio of 1.41 and a debt-to-equity ratio of 0.73. Donaldson has a 1-year low of $79.42 and a 1-year high of $112.84. The business’s 50 day moving average is $92.21 and its 200-day moving average is $88.48.

Donaldson (NYSE:DCI) last issued its earnings results on Wednesday, August 26th. The industrial products company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. Donaldson had a return on equity of 28.68% and a net margin of 11.68%.Donaldson’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. Sell-side analysts predict that Donaldson will post 4.34 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were paid a $0.32 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.28 annualized dividend and a yield of 1.5%. Donaldson’s payout ratio is currently 33.25%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DCI. Allworth Financial LP acquired a new stake in shares of Donaldson in the 2nd quarter valued at $29,000. Trust Co. of Vermont acquired a new stake in shares of Donaldson during the 2nd quarter worth about $31,000. Leonteq Securities AG acquired a new stake in shares of Donaldson during the 4th quarter worth about $40,000. Clearstead Advisors LLC lifted its holdings in Donaldson by 92.6% during the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 288 shares during the last quarter. Finally, Sachetta LLC bought a new position in Donaldson during the 1st quarter valued at about $65,000. 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. Founded in 1915, the company develops products that help protect engines, equipment, manufacturing processes and people from airborne and liquid contaminants.

Donaldson’s products include air and liquid filters, dust and fume collectors, hydraulic and process filtration systems, exhaust and emissions solutions, and replacement filtration parts. Its technologies are used in applications such as heavy-duty and off-road equipment, agriculture, construction, mining, transportation, power generation, manufacturing, and other industrial operations.

The company serves original equipment manufacturers, distributors and end users through operations and sales channels spanning North America, Europe, Asia-Pacific and other international markets.