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 research analysts have issued 12-month target prices for Donaldson's shares. Their DCI share price forecasts range from $51.00 to $66.00. On average, they expect the company's share price to reach $61.00 in the next twelve months. This suggests a possible upside of 0.3% 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 at the beginning of the year. Since then, DCI stock has increased by 2.6% and is now trading at $60.81.
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Donaldson saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,060,000 shares, a decrease of 27.9% from the October 31st total of 1,470,000 shares. Based on an average daily trading volume, of 418,200 shares, the short-interest ratio is currently 2.5 days. Approximately 0.9% of the company's stock are sold short.
View Donaldson's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our DCI earnings forecast.

Donaldson Company, Inc. (NYSE:DCI) announced its earnings results on Wednesday, December, 1st. The industrial products company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.06. The industrial products company had revenue of $760.90 million for the quarter, compared to analyst estimates of $735.51 million. Donaldson had a trailing twelve-month return on equity of 31.03% and a net margin of 10.11%. The company's revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.48 earnings per share.

Donaldson announced a quarterly dividend on Friday, November 18th. Stockholders of record on Monday, December 5th will be given a dividend of $0.23 per share on Tuesday, December 20th. This represents a $0.92 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, December 2nd.
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 1.51%. 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 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 29.68% 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, November, 30th. The company provided earnings per share guidance of $2.91-$3.07 for the period, compared to the consensus earnings per share 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 a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.26%), BlackRock Inc. (8.70%), State Street Corp (5.64%), Allspring Global Investments Holdings LLC (3.24%), Boston Trust Walden Corp (2.12%) and Kayne Anderson Rudnick Investment Management LLC (1.62%). 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 $60.81.

Donaldson (NYSE:DCI) has a market capitalization of $7.45 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.