Donaldson (NYSE:DCI – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.
Several other analysts also recently issued reports on DCI. UBS Group set a $96.00 price objective on shares of Donaldson in a research note on Tuesday, February 24th. Stifel Nicolaus decreased their price objective on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a research note on Thursday. Wells Fargo & Company set a $91.00 price objective on shares of Donaldson in a research note on Thursday. Morgan Stanley decreased their price objective on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a research note on Monday, March 9th. Finally, Weiss Ratings raised shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $97.83.
Check Out Our Latest Stock Report on Donaldson
Donaldson Stock Down 0.4%
Donaldson (NYSE:DCI – Get Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.01. The business had revenue of $995.10 million during the quarter, compared to the consensus estimate of $973.65 million. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Research analysts anticipate that Donaldson will post 3.97 earnings per share for the current year.
Insider Transactions at Donaldson
In other Donaldson news, Director James Owens sold 13,753 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $89.21, for a total value of $1,226,905.13. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 19,800 shares of company stock worth $1,765,184 over the last 90 days. Company insiders own 2.20% of the company’s stock.
Institutional Investors Weigh In On Donaldson
Several institutional investors have recently bought and sold shares of DCI. Leonteq Securities AG acquired a new position in Donaldson during the fourth quarter valued at $40,000. Eagle Bay Advisors LLC purchased a new position in Donaldson in the fourth quarter valued at $45,000. Clearstead Advisors LLC increased its holdings in Donaldson by 92.6% in the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock valued at $53,000 after buying an additional 288 shares in the last quarter. Strive Financial Group LLC purchased a new position in Donaldson in the fourth quarter valued at $57,000. Finally, Sachetta LLC purchased a new position in Donaldson in the first quarter valued at $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 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.
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