Wall Street Zen Upgrades Donaldson (NYSE:DCI) to Buy

Donaldson (NYSE:DCI) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Monday.

DCI has been the subject of a number of other research reports. Robert W. Baird lowered their price target on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Morgan Stanley reduced their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Wells Fargo & Company set a $91.00 price objective on Donaldson in a research report on Thursday, June 4th. UBS Group set a $96.00 price objective on Donaldson in a research note on Tuesday, February 24th. Finally, Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Donaldson currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.83.

Donaldson Price Performance

DCI stock opened at $85.59 on Monday. Donaldson has a 52 week low of $67.71 and a 52 week high of $112.84. 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 company has a fifty day simple moving average of $85.76 and a two-hundred day simple moving average of $91.58. The firm has a market capitalization of $9.92 billion, a P/E ratio of 23.01, a price-to-earnings-growth ratio of 2.16 and a beta of 0.95.

Donaldson (NYSE:DCI) last issued its quarterly earnings data 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. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The business had revenue of $995.10 million during the quarter, compared to analysts’ expectations of $973.65 million. During the same period last year, the company posted $0.99 EPS. The business’s revenue was up 5.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Analysts anticipate that Donaldson will post 3.96 earnings per share for the current fiscal year.

Insider Activity

In other Donaldson news, Director James Owens sold 13,753 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the completion of the transaction, the director owned 22,565 shares in the company, valued at $2,013,023.65. The trade was a 37.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 19,800 shares of company stock worth $1,765,184 in the last ninety days. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Donaldson

Institutional investors and hedge funds have recently modified their holdings of the business. Leonteq Securities AG purchased a new position in Donaldson during the 4th quarter valued at $40,000. Eagle Bay Advisors LLC purchased a new stake in Donaldson in the fourth quarter worth $45,000. Clearstead Advisors LLC increased its stake in Donaldson by 92.6% in the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 288 shares during the period. Strive Financial Group LLC purchased a new position in Donaldson in the fourth quarter valued at about $57,000. Finally, Sachetta LLC bought a new stake in shares of Donaldson in the 1st quarter valued at about $65,000. 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.