Donaldson (NYSE:DCI) Downgraded by Wall Street Zen to Hold

Donaldson (NYSE:DCI) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

Several other brokerages have also recently weighed in on DCI. Morgan Stanley lowered their price target on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. Stifel Nicolaus reduced 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, June 4th. Weiss Ratings upgraded Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Robert W. Baird cut their price target on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Finally, Wells Fargo & Company set a $91.00 target price on Donaldson in a research note on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Donaldson presently has an average rating of “Moderate Buy” and an average target price of $97.83.

Donaldson Price Performance

Shares of DCI stock opened at $88.30 on Tuesday. Donaldson has a twelve month low of $68.96 and a twelve month high of $112.84. The stock has a market capitalization of $10.23 billion, a price-to-earnings ratio of 23.74, a P/E/G ratio of 2.24 and a beta of 0.95. The stock has a fifty day simple moving average of $85.57 and a two-hundred day simple moving average of $91.42. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI) last announced its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 EPS for the quarter, beating the consensus estimate of $1.05 by $0.01. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The firm had revenue of $995.10 million for the quarter, compared to analyst estimates of $973.65 million. During the same quarter last year, the firm posted $0.99 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. On average, analysts predict that Donaldson will post 3.96 EPS for the current fiscal year.

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 13,753 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was 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 owned 22,565 shares of the company’s stock, valued at $2,013,023.65. This trade represents a 37.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last ninety days, insiders sold 19,800 shares of company stock valued at $1,765,184. 2.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Donaldson

Several institutional investors have recently added to or reduced their stakes in DCI. JPMorgan Chase & Co. increased its position in shares of Donaldson by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 490,001 shares of the industrial products company’s stock valued at $40,108,000 after acquiring an additional 25,156 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Donaldson by 3,094.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 44,377 shares of the industrial products company’s stock worth $3,934,000 after acquiring an additional 42,988 shares during the period. Artemis Investment Management LLP purchased a new stake in Donaldson during the 4th quarter valued at about $1,494,000. Dimensional Fund Advisors LP increased its holdings in shares of Donaldson by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,994,211 shares of the industrial products company’s stock valued at $163,218,000 after purchasing an additional 20,478 shares during the period. Finally, Robeco Institutional Asset Management B.V. acquired a new position in shares of Donaldson in the fourth quarter valued at about $17,105,000. Institutional investors and hedge funds 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.