Donaldson (NYSE:DCI) Cut to “Hold” at Wall Street Zen

Donaldson (NYSE:DCIGet Free Report) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.

Several other equities analysts have also issued reports on DCI. Stifel Nicolaus dropped their price objective on Donaldson from $96.00 to $91.00 and set a “hold” rating on the stock in a report on Thursday, June 4th. UBS Group set a $96.00 price target on shares of Donaldson in a research report on Tuesday, February 24th. Weiss Ratings raised shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Robert W. Baird lowered their target price on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. Finally, Morgan Stanley lowered their target price 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. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Donaldson presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.83.

Check Out Our Latest Stock Report on Donaldson

Donaldson Stock Up 1.1%

NYSE:DCI opened at $86.32 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.35. The stock’s fifty day moving average is $85.78 and its two-hundred day moving average is $91.69. Donaldson has a 52 week low of $67.71 and a 52 week high of $112.84. The stock has a market capitalization of $10.01 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 2.18 and a beta of 0.95.

Donaldson (NYSE:DCIGet Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.01. The company had revenue of $995.10 million for the quarter, compared to analysts’ expectations of $973.65 million. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The firm’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior 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 3.96 EPS for the current year.

Insider Activity

In other news, Director James Owens sold 13,753 shares of the company’s stock in a transaction dated 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 sale, the director owned 22,565 shares in the company, valued at approximately $2,013,023.65. This represents a 37.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 19,800 shares of company stock valued at $1,765,184. Corporate insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DCI. Leonteq Securities AG bought a new position in Donaldson in the 4th quarter worth about $40,000. Eagle Bay Advisors LLC acquired a new stake in Donaldson during the fourth quarter valued at approximately $45,000. Clearstead Advisors LLC lifted its stake in Donaldson by 92.6% during the fourth 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. Strive Financial Group LLC acquired a new stake in Donaldson during the fourth quarter valued at approximately $57,000. Finally, Sachetta LLC acquired a new stake in Donaldson during the first quarter valued at approximately $65,000. Institutional investors own 82.81% of the company’s stock.

About Donaldson

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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.

Further Reading

Analyst Recommendations for Donaldson (NYSE:DCI)

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