Donaldson - DCI Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Donaldson in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DCI shares.
View DCI analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued twelve-month price targets for Donaldson's shares. Their DCI share price forecasts range from $51.00 to $63.00. On average, they predict the company's share price to reach $57.67 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for DCI or view top-rated stocks among Wall Street analysts.

Donaldson's stock was trading at $59.26 on January 1st, 2022. Since then, DCI stock has decreased by 17.6% and is now trading at $48.85.
View the best growth stocks for 2022 here.

Donaldson saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,220,000 shares, an increase of 25.7% from the August 31st total of 970,800 shares. Based on an average trading volume of 355,500 shares, the short-interest ratio is presently 3.4 days. Approximately 1.0% of the shares of the company are short sold.
View Donaldson's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 7th 2022.
View our DCI earnings forecast.

Donaldson Company, Inc. (NYSE:DCI) issued its quarterly earnings data on Wednesday, August, 31st. The industrial products company reported $0.84 earnings per share for the quarter, hitting the consensus estimate of $0.84. The industrial products company earned $890 million during the quarter, compared to the consensus estimate of $879.61 million. Donaldson had a net margin of 10.07% and a trailing twelve-month return on equity of 29.89%. The company's quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 EPS.

Donaldson announced a quarterly dividend on Friday, July 29th. Investors of record on Tuesday, August 16th will be paid a dividend of $0.23 per share on Wednesday, August 31st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Monday, August 15th.
Read our dividend analysis for DCI.

Donaldson (NYSE:DCI) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.87%. The company has been increasing its dividend for 35 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCI will have a dividend payout ratio of 29.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCI.

Donaldson issued an update on its FY 2023 earnings guidance on Wednesday, September, 21st. The company provided earnings per share (EPS) guidance of $2.66-$2.68 for the period, compared to the consensus estimate of $3.03. The company issued revenue guidance of $3.34 billion-$3.47 billion, compared to the consensus revenue estimate of $3.53 billion.

48 employees have rated Donaldson Chief Executive Officer Tod Carpenter on Glassdoor.com. Tod Carpenter has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Donaldson investors own include Pfizer (PFE), AT&T (T), Broadcom (AVGO), Avery Dennison (AVY), Walt Disney (DIS), Duke Energy (DUK), Enbridge (ENB), Johnson & Johnson (JNJ), ONEOK (OKE) and AbbVie (ABBV).

Donaldson trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCI."

Donaldson's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (5.51%), Allspring Global Investments Holdings LLC (3.23%), FMR LLC (3.22%), Franklin Resources Inc. (2.50%), Boston Trust Walden Corp (2.10%) and Kayne Anderson Rudnick Investment Management LLC (1.65%). Insiders that own company stock include Ajita G Rajendra, Amy C Becker, Gregory L Weaver, John Wiehoff, Michael J Hoffman, Peter Joseph Keller, Thomas R Scalf, Tod E Carpenter and Willard D Oberton.
View institutional ownership trends.

Shares of DCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DCI stock can currently be purchased for approximately $48.85.

Donaldson (NYSE:DCI) has a market capitalization of $6.00 billion and generates $3.31 billion in revenue each year. The industrial products company earns $332.80 million in net income (profit) each year or $2.66 on an earnings per share basis.

The company employs 13,100 workers across the globe.

Donaldson's mailing address is 1400 WEST 94TH STREET, MINNEAPOLIS MN, 55431. The official website for the company is www.donaldson.com. The industrial products company can be reached via phone at (952) 887-3131, via email at investor.relations@donaldson.com, or via fax at 952-887-3055.