Donaldson (NYSE:DCI) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Key Points

• Robert W. Baird raised the price target for Donaldson (NYSE:DCI) from $78.00 to $85.00, indicating a potential upside of 6.07% from the stock's previous close.
• The stock currently holds an average rating of "Hold" from analysts, with price targets ranging from $69.00 to $85.00.
• Donaldson reported a quarterly earnings per share of $1.03, surpassing expectations and reflecting a 4.8% revenue increase compared to the previous year.

Donaldson (NYSE:DCI - Get Free Report) had its price target boosted by equities research analysts at Robert W. Baird from $78.00 to $85.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the industrial products company's stock. Robert W. Baird's price target would suggest a potential upside of 6.74% from the stock's current price.

Several other analysts have also issued reports on DCI. Stifel Nicolaus upped their price objective on Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research note on Thursday, August 28th. Wall Street Zen lowered Donaldson from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, Morgan Stanley restated an "underweight" rating and issued a $69.00 price objective (up previously from $65.00) on shares of Donaldson in a research note on Friday, June 6th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $80.33.

Donaldson Stock Down 0.0%

DCI traded down $0.04 on Friday, hitting $79.63. 702,948 shares of the company were exchanged, compared to its average volume of 599,200. Donaldson has a 12 month low of $57.45 and a 12 month high of $83.31. The company has a market cap of $9.28 billion, a PE ratio of 26.11, a PEG ratio of 1.89 and a beta of 1.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. The stock's fifty day moving average is $72.55 and its 200-day moving average is $69.23.

Donaldson (NYSE:DCI - Get Free Report) last released its earnings results on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.01. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The business had revenue of $980.70 million for the quarter, compared to analyst estimates of $951.59 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. Donaldson's revenue was up 4.8% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Equities research analysts predict that Donaldson will post 3.64 EPS for the current fiscal year.

Insider Activity at Donaldson

In other news, Director Trudy A. Rautio sold 31,900 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $79.96, for a total value of $2,550,724.00. Following the transaction, the director owned 29,330 shares of the company's stock, valued at approximately $2,345,226.80. This represents a 52.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Amy C. Becker sold 18,500 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $81.71, for a total value of $1,511,635.00. Following the completion of the transaction, the insider directly owned 44,645 shares in the company, valued at $3,647,942.95. The trade was a 29.30% decrease in their position. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Donaldson

A number of hedge funds have recently added to or reduced their stakes in the stock. Orion Porfolio Solutions LLC increased its stake in Donaldson by 1.6% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 31,240 shares of the industrial products company's stock worth $2,166,000 after acquiring an additional 499 shares during the period. Squarepoint Ops LLC increased its stake in Donaldson by 86.8% during the 2nd quarter. Squarepoint Ops LLC now owns 41,111 shares of the industrial products company's stock worth $2,851,000 after acquiring an additional 19,106 shares during the period. Thrivent Financial for Lutherans increased its stake in Donaldson by 41.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 44,215 shares of the industrial products company's stock worth $3,067,000 after acquiring an additional 13,064 shares during the period. Advisory Services Network LLC increased its stake in Donaldson by 3.2% during the 2nd quarter. Advisory Services Network LLC now owns 31,087 shares of the industrial products company's stock worth $2,237,000 after acquiring an additional 974 shares during the period. Finally, State of Wyoming boosted its holdings in shares of Donaldson by 42.4% in the 2nd quarter. State of Wyoming now owns 10,371 shares of the industrial products company's stock valued at $719,000 after purchasing an additional 3,087 shares in the last quarter. Institutional investors own 82.81% of the company's stock.

Donaldson Company Profile

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.