Robert W. Baird Cuts Donaldson (NYSE:DCI) Price Target to $104.00

Posted by ABMN Staff on Mar 2nd, 2026

Donaldson (NYSE:DCI – Free Report) had its target price trimmed by Robert W. Baird from $110.00 to $104.00 in a report published on Friday,Benzinga reports. The firm currently has an outperform rating on the industrial products company’s stock.

Several other brokerages also recently weighed in on DCI. UBS Group set a $96.00 target price on Donaldson in a report on Tuesday, February 24th. Stifel Nicolaus increased their price target on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a report on Friday, December 5th. Morgan Stanley raised shares of Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $72.00 to $84.00 in a research note on Monday, November 24th. Jefferies Financial Group upped their price objective on shares of Donaldson to $123.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Donaldson currently has an average rating of “Moderate Buy” and an average price target of $100.60.

Get Our Latest Stock Analysis on Donaldson

Donaldson Trading Up 0.7%

Shares of Donaldson stock opened at $92.84 on Friday. Donaldson has a 1 year low of $57.45 and a 1 year high of $112.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.46 and a current ratio of 2.29. The company has a market capitalization of $10.75 billion, a P/E ratio of 29.01, a PEG ratio of 2.25 and a beta of 1.02. The company’s fifty day moving average is $100.00 and its two-hundred day moving average is $89.45.

Donaldson (NYSE:DCI – Get Free Report) last announced its earnings results on Thursday, February 26th. The industrial products company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). Donaldson had a net margin of 10.09% and a return on equity of 29.85%. The business had revenue of $896.30 million during the quarter, compared to analysts’ expectations of $898.64 million. During the same period in the previous year, the company posted $0.83 earnings per share. Donaldson’s quarterly revenue was up 3.0% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. Analysts forecast that Donaldson will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, February 12th. Donaldson’s dividend payout ratio is currently 37.38%.

Insider Activity at Donaldson

In other news, CFO Bradley J. Pogalz sold 566 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total value of $51,828.62. Following the completion of the sale, the chief financial officer owned 434 shares in the company, valued at $39,741.38. This represents a 56.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 sale, the director directly owned 43,993 shares of the company’s stock, valued at $4,049,115.72. This trade represents a 31.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Donaldson

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its stake in shares of Donaldson by 10.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,283,326 shares of the industrial products company’s stock valued at $105,040,000 after purchasing an additional 123,000 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Donaldson during the third quarter worth approximately $3,068,000. Keybank National Association OH acquired a new position in Donaldson in the third quarter valued at approximately $3,320,000. First National Bank of Omaha acquired a new position in Donaldson in the third quarter valued at approximately $483,000. Finally, Advisors Preferred LLC bought a new position in Donaldson in the second quarter valued at approximately $372,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

More Donaldson News

Here are the key news stories impacting Donaldson this week:

Positive Sentiment: Q2 revenue grew ~3% year‑over‑year and management set FY‑2026 sales guidance that implies up to ~5% organic sales growth, giving investors some top‑line visibility. Donaldson’s Q2 Earnings Miss Estimates, Revenues Increase Y/Y
Neutral Sentiment: Management will present at the Raymond James Institutional Investors Conference on March 4, giving investors an opportunity for direct Q&A and more color on demand and margins. Donaldson Company to Present at the Raymond James 47th Annual Institutional Investors Conference
Neutral Sentiment: Robert W. Baird trimmed its price target from $110 to $104 but kept an Outperform rating — a slight analytical downgrade but still constructive relative to the market. Price target lowered by Robert W. Baird
Negative Sentiment: Q2 EPS missed consensus (reported ~$0.78–0.83 vs. ~$0.90 expected) and margins compressed, driven by cost/inflation and weaker aftermarket demand — the primary catalyst for the selloff. Donaldson Company, Inc. Q2 2026 Earnings Call Transcript
Negative Sentiment: Management trimmed EPS guidance for FY‑2026 (guidance band modestly below consensus), and commentary flagged softer demand after tariff front‑loading — investors reacted to the lowered profit outlook. Donaldson shares sink after revenue miss, lowered profit outlook
Negative Sentiment: Recent acquisition (Facet Filtration) raised leverage (management flagged higher net debt/EBITDA near ~1.8–2.0x) and is expected to be accretive only later (FY‑2027), creating near‑term earnings pressure and valuation concerns. Rich Multiple And Weak Results Put Donaldson In The Penalty Box
Negative Sentiment: Short interest rose meaningfully in February (≈25% increase month‑over‑month), signaling growing bearish positioning that can amplify downside on negative headlines. (Data summary from recent market reports.)

Donaldson Company Profile

(Get Free Report)

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.