Donaldson - DCI Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Donaldson in the last year. 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.
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3 brokers have issued 1-year price targets for Donaldson's stock. Their DCI share price forecasts range from $51.00 to $66.00. On average, they expect the company's stock price to reach $61.00 in the next twelve months. This suggests that the stock has a possible downside of 1.1%.
View analysts price targets for DCI or view top-rated stocks among Wall Street analysts.

Donaldson's stock was trading at $58.87 on January 1st, 2023. Since then, DCI shares have increased by 4.8% and is now trading at $61.68.
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Donaldson saw a increase in short interest in December. As of December 30th, there was short interest totaling 1,060,000 shares, an increase of 15.7% from the December 15th total of 915,900 shares. Based on an average daily volume of 438,500 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.9% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our DCI earnings forecast.

Donaldson Company, Inc. (NYSE:DCI) released its quarterly earnings results on Wednesday, November, 30th. The industrial products company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.05. The industrial products company had revenue of $847.30 million for the quarter, compared to analyst estimates of $824.42 million. Donaldson had a trailing twelve-month return on equity of 31.03% and a net margin of 10.11%.

Donaldson declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Friday, February 10th will be paid a dividend of $0.23 per share on Monday, February 27th. This represents a $0.92 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, February 9th.
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 1.50%. The company has been increasing its dividend for 36 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCI will have a dividend payout ratio of 29.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCI.

Donaldson updated its FY 2023 earnings guidance on Friday, December, 30th. The company provided EPS guidance of $2.91-$3.07 for the period, compared to the consensus estimate of $3.00. The company issued revenue guidance of $3.34 billion-$3.47 billion, compared to the consensus revenue estimate of $3.44 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 many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (3.18%), Boston Trust Walden Corp (2.14%), Mountain Pacific Investment Advisers Inc. ID (0.58%), Mcdaniel Terry & Co. (0.43%), Confluence Investment Management LLC (0.27%) and Autus Asset Management LLC (0.15%). 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, Willard D Oberton and Wim Vermeersch.
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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.
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One share of DCI stock can currently be purchased for approximately $61.68.

Donaldson (NYSE:DCI) has a market capitalization of $7.51 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 $2.75 on an earnings per share basis.

The company employs 14,000 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.