Donaldson - DCI Stock Forecast, Price & News

3 Wall Street 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 analysts is that investors should "buy" DCI shares.
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3 Wall Street research analysts have issued 1 year price targets for Donaldson's shares. Their DCI share price forecasts range from $51.00 to $63.00. On average, they expect the company's share price to reach $57.67 in the next twelve months. This suggests that the stock has a possible downside of 3.1%.
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 2022. Since then, DCI shares have increased by 0.5% and is now trading at $59.54.
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Donaldson saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,060,000 shares, a decline 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. Currently, 0.9% of the shares of the stock are sold short.
View Donaldson's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 30th 2022.
View our DCI earnings forecast.

Donaldson will be holding an earnings conference call on Wednesday, November 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Donaldson declared a quarterly dividend on Friday, November 18th. Stockholders of record on Monday, December 5th will be paid a dividend of $0.23 per share on Tuesday, December 20th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date 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 1.50%. 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 29.30% 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 Wednesday, September, 28th. The company provided earnings per share 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 number 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 $59.54.

Donaldson (NYSE:DCI) has a market capitalization of $7.29 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 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.