Donaldson Company, Inc. (NYSE:DCI) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Donaldson has a “Moderate Buy” consensus rating from five analysts, with three buys and two holds; the average 12-month price target is $101.
• The company beat quarterly expectations, reporting $1.15 in EPS versus the $1.13 consensus and $1.06 billion in revenue, up 8% year over year.
• Donaldson paid a quarterly dividend of $0.32, equivalent to $1.28 annually and a 1.5% yield, while institutional investors own 82.81% of its shares.

Shares of Donaldson Company, Inc. (NYSE:DCI - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the five research firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $101.00.

A number of brokerages have commented on DCI. Weiss Ratings raised Donaldson from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Stifel Nicolaus set a $95.00 target price on Donaldson in a research report on Friday, August 28th. Robert W. Baird increased their target price on Donaldson from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Wall Street Zen upgraded Donaldson from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Finally, Wells Fargo & Company set a $91.00 price target on shares of Donaldson in a research report on Thursday, June 4th.

Institutional Investors Weigh In On Donaldson

Hedge funds and other institutional investors have recently made changes to their positions in the business. Allworth Financial LP bought a new position in Donaldson in the 2nd quarter valued at about $29,000. Trust Co. of Vermont acquired a new position in Donaldson during the 2nd quarter valued at about $31,000. Leonteq Securities AG bought a new stake in Donaldson during the 4th quarter worth approximately $40,000. Clearstead Advisors LLC increased its holdings in Donaldson by 92.6% during the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company's stock worth $53,000 after purchasing an additional 288 shares in the last quarter. Finally, Sachetta LLC purchased a new stake in shares of Donaldson in the first quarter worth approximately $65,000. 82.81% of the stock is owned by institutional investors.

Donaldson Price Performance

Shares of NYSE DCI opened at $86.91 on Wednesday. The firm has a market capitalization of $10.07 billion, a P/E ratio of 22.58, a P/E/G ratio of 2.03 and a beta of 0.92. The firm's 50-day moving average price is $92.34 and its 200-day moving average price is $88.63. The company has a current ratio of 2.08, a quick ratio of 1.41 and a debt-to-equity ratio of 0.73. Donaldson has a 1-year low of $79.42 and a 1-year high of $112.84.

Donaldson (NYSE:DCI - Get Free Report) last issued its earnings results on Wednesday, August 26th. The industrial products company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. Donaldson had a return on equity of 28.68% and a net margin of 11.68%.The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the business posted $1.03 EPS. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. Equities research analysts anticipate that Donaldson will post 4.34 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, August 17th. Donaldson's dividend payout ratio (DPR) is 33.25%.

Donaldson Company Profile

Donaldson Company, Inc NYSE: DCI is a global provider of filtration systems and replacement parts. Founded in 1915, the company develops products that help protect engines, equipment, manufacturing processes and people from airborne and liquid contaminants.

Donaldson's products include air and liquid filters, dust and fume collectors, hydraulic and process filtration systems, exhaust and emissions solutions, and replacement filtration parts. Its technologies are used in applications such as heavy-duty and off-road equipment, agriculture, construction, mining, transportation, power generation, manufacturing, and other industrial operations.

The company serves original equipment manufacturers, distributors and end users through operations and sales channels spanning North America, Europe, Asia-Pacific and other international markets.

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