Donaldson (NYSE:DCI) Given New $84.00 Price Target at Stifel Nicolaus

Key Points

• Stifel Nicolaus raised the target price for Donaldson (NYSE:DCI) from $69.00 to $84.00, suggesting a potential upside of 2.25% from the stock's previous close.
• Donaldson reported a quarterly revenue of $980.70 million and an EPS of $1.03, exceeding analyst estimates and showing a 4.8% increase compared to the prior year.
• The consensus rating for Donaldson currently stands at "Hold"**, with a consensus price target of $77.00 from various analysts.

Donaldson (NYSE:DCI - Get Free Report) had its target price raised by Stifel Nicolaus from $69.00 to $84.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a "hold" rating on the industrial products company's stock. Stifel Nicolaus' target price suggests a potential upside of 2.25% from the stock's previous close.

A number of other analysts have also issued reports on the stock. Robert W. Baird lifted their price objective on shares of Donaldson from $76.00 to $78.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Wall Street Zen downgraded shares of Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Morgan Stanley reaffirmed an "underweight" rating and issued a $69.00 price objective (up previously from $65.00) on shares of Donaldson in a report on Friday, June 6th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Donaldson presently has a consensus rating of "Hold" and a consensus price target of $77.00.

Donaldson Trading Up 0.0%

NYSE DCI opened at $82.16 on Thursday. Donaldson has a one year low of $57.45 and a one year high of $83.31. The company's 50 day moving average price is $71.88 and its 200 day moving average price is $69.03. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.24 and a current ratio of 1.94. The firm has a market capitalization of $9.57 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 1.85 and a beta of 0.99.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $1.02 by $0.01. Donaldson had a net margin of 9.94% and a return on equity of 28.86%. The firm had revenue of $980.70 million for the quarter, compared to analyst estimates of $951.59 million. During the same quarter last year, the firm posted $0.94 earnings per share. Donaldson's revenue for the quarter was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. On average, sell-side analysts predict that Donaldson will post 3.64 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD grew its holdings in shares of Donaldson by 9.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 70,072 shares of the industrial products company's stock worth $4,720,000 after purchasing an additional 6,114 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Donaldson during the fourth quarter worth about $201,000. Quarry LP raised its position in shares of Donaldson by 162.7% during the fourth quarter. Quarry LP now owns 1,072 shares of the industrial products company's stock worth $72,000 after purchasing an additional 664 shares during the period. Northern Trust Corp raised its position in shares of Donaldson by 13.8% during the fourth quarter. Northern Trust Corp now owns 1,198,173 shares of the industrial products company's stock worth $80,697,000 after purchasing an additional 145,275 shares during the period. Finally, AQR Capital Management LLC raised its position in Donaldson by 28.1% in the 4th quarter. AQR Capital Management LLC now owns 885,797 shares of the industrial products company's stock valued at $59,658,000 after buying an additional 194,418 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.

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