Donaldson (NYSE:DCI) Hits New 1-Year High – Here’s What Happened

Donaldson Company, Inc. (NYSE:DCI)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $96.08 and last traded at $95.0950, with a volume of 54590 shares traded. The stock had previously closed at $93.02.

Analyst Ratings Changes

A number of brokerages have weighed in on DCI. Robert W. Baird set a $100.00 price objective on shares of Donaldson in a report on Friday, December 5th. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $72.00 to $84.00 in a research report on Monday, November 24th. Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Stifel Nicolaus increased their target price on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research note on Friday, December 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.00.

Donaldson Trading Up 2.3%

The company has a debt-to-equity ratio of 0.44, a current ratio of 2.15 and a quick ratio of 1.39. The stock’s 50-day moving average is $89.40 and its two-hundred day moving average is $81.11. The company has a market cap of $10.97 billion, a P/E ratio of 29.64, a P/E/G ratio of 2.25 and a beta of 0.99.

Donaldson (NYSE:DCI) last posted its earnings results on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The business had revenue of $935.40 million during the quarter, compared to the consensus estimate of $922.68 million. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. As a group, equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.3%. Donaldson’s dividend payout ratio is currently 37.38%.

Insider Transactions at Donaldson

In other Donaldson news, CFO Bradley J. Pogalz sold 566 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total transaction of $51,828.62. Following the completion of the sale, the chief financial officer directly owned 434 shares in the company, valued at $39,741.38. The trade was a 56.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ajita G. Rajendra sold 19,800 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the completion of the transaction, the director owned 43,993 shares in the company, valued at $4,049,115.72. This trade represents a 31.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Donaldson

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Donaldson during the second quarter worth about $679,475,000. State Street Corp boosted its stake in Donaldson by 0.7% in the 2nd quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after purchasing an additional 36,866 shares during the period. Boston Trust Walden Corp grew its holdings in Donaldson by 7.8% during the 2nd quarter. Boston Trust Walden Corp now owns 2,825,916 shares of the industrial products company’s stock valued at $195,977,000 after buying an additional 203,957 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Donaldson by 0.8% during the second quarter. Geode Capital Management LLC now owns 2,821,115 shares of the industrial products company’s stock valued at $195,667,000 after buying an additional 21,334 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Donaldson by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,994,211 shares of the industrial products company’s stock worth $163,218,000 after buying an additional 20,478 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

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.