Donaldson Company, Inc. (NYSE:DCI) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Donaldson Company, Inc. (NYSE:DCI) have been given a consensus recommendation of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $102.00.

DCI has been the subject of several analyst reports. Wall Street Zen cut shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Stifel Nicolaus increased their price target on shares of Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Jefferies Financial Group lifted their price objective on shares of Donaldson to $123.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. UBS Group set a $96.00 target price on Donaldson in a research note on Tuesday, February 24th. Finally, Robert W. Baird reduced their target price on Donaldson from $110.00 to $104.00 and set an “outperform” rating on the stock in a report on Friday, February 27th.

Donaldson Stock Up 0.7%

Shares of NYSE DCI opened at $86.24 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.46 and a current ratio of 2.29. Donaldson has a 52 week low of $57.45 and a 52 week high of $112.84. The stock has a market capitalization of $9.99 billion, a P/E ratio of 26.95, a PEG ratio of 2.16 and a beta of 1.02. The stock’s fifty day moving average is $98.67 and its 200 day moving average is $90.73.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Thursday, February 26th. The industrial products company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.07). The firm had revenue of $896.30 million for the quarter, compared to the consensus estimate of $898.64 million. Donaldson had a return on equity of 29.85% and a net margin of 10.09%.The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. Sell-side analysts forecast that Donaldson will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Thursday, February 12th. Donaldson’s dividend payout ratio is currently 37.50%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of Donaldson by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 490,001 shares of the industrial products company’s stock worth $40,108,000 after acquiring an additional 25,156 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Donaldson by 10.6% during 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. Dimensional Fund Advisors LP increased its position in Donaldson by 1.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,994,211 shares of the industrial products company’s stock worth $163,218,000 after purchasing an additional 20,478 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in Donaldson in the 3rd quarter valued at approximately $3,068,000. Finally, First National Bank of Omaha bought a new position in Donaldson in the 3rd quarter valued at approximately $483,000. 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.