Donaldson (NYSE:DCI) Releases FY 2025 Earnings Guidance

Donaldson (NYSE:DCI - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.640-3.700 for the period, compared to the consensus estimate of 3.600. The company issued revenue guidance of -, compared to the consensus revenue estimate of $3.7 billion.

Donaldson Stock Performance

Shares of NYSE:DCI traded up $0.26 during midday trading on Wednesday, reaching $69.55. 912,788 shares of the company's stock traded hands, compared to its average volume of 565,155. Donaldson has a one year low of $57.45 and a one year high of $78.95. The stock has a 50 day moving average of $66.20 and a 200 day moving average of $68.93. The company has a market cap of $8.31 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 1.82 and a beta of 1.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings results on Tuesday, June 3rd. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. The firm had revenue of $940.10 million for the quarter, compared to the consensus estimate of $936.02 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The business's quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.92 EPS. As a group, equities research analysts anticipate that Donaldson will post 3.64 EPS for the current fiscal year.

Donaldson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Monday, June 16th. This is a boost from Donaldson's previous quarterly dividend of $0.27. Donaldson's dividend payout ratio is 31.58%.

Analysts Set New Price Targets

A number of research firms recently issued reports on DCI. Wall Street Zen downgraded shares of Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. Stifel Nicolaus decreased their target price on Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Finally, Robert W. Baird upped their price target on Donaldson from $76.00 to $78.00 and gave the stock an "outperform" rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $69.67.

Insider Activity at Donaldson

In other news, President Thomas R. Scalf sold 28,500 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $69.22, for a total value of $1,972,770.00. Following the completion of the transaction, the president now owns 28,334 shares of the company's stock, valued at $1,961,279.48. This represents a 50.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James Owens sold 18,700 shares of the business's stock in a transaction that occurred on Thursday, April 10th. The stock was sold at an average price of $62.02, for a total value of $1,159,774.00. Following the completion of the transaction, the director now directly owns 20,246 shares in the company, valued at approximately $1,255,656.92. This represents a 48.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Donaldson

Several institutional investors have recently bought and sold shares of DCI. Royal Bank of Canada lifted its position in shares of Donaldson by 38.2% in the first quarter. Royal Bank of Canada now owns 102,128 shares of the industrial products company's stock worth $6,848,000 after buying an additional 28,207 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Donaldson by 16.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,479 shares of the industrial products company's stock worth $233,000 after acquiring an additional 494 shares in the last quarter. Millennium Management LLC boosted its position in shares of Donaldson by 428.6% during the 1st quarter. Millennium Management LLC now owns 223,976 shares of the industrial products company's stock valued at $15,020,000 after acquiring an additional 181,602 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Donaldson by 29.0% in the first quarter. Goldman Sachs Group Inc. now owns 279,525 shares of the industrial products company's stock valued at $18,745,000 after purchasing an additional 62,864 shares in the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

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.