NYSE:DCIDonaldson Stock Price, Forecast & News

Donaldson's stock was trading at $44.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DCI shares have increased by 13.1% and is now trading at $49.98. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Donaldson in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Donaldson.

Donaldson is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Donaldson.

Donaldson Company, Inc. (NYSE:DCI) posted its quarterly earnings data on Tuesday, June, 2nd. The industrial products company reported $0.50 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.12. The industrial products company earned $629.70 million during the quarter, compared to analysts' expectations of $606.01 million. Donaldson had a return on equity of 29.45% and a net margin of 9.32%. Donaldson's revenue was down 11.7% on a year-over-year basis. During the same period last year, the business earned $0.58 EPS. View Donaldson's earnings history.

Donaldson declared a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of $0.21 per share on Tuesday, June 30th. This represents a $0.84 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Friday, June 12th. View Donaldson's dividend history.

Donaldson issued an update on its third quarter 2020 Pre-Market earnings guidance on Wednesday, April, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $598.752-613.008 million, compared to the consensus revenue estimate of $647.75 million.

4 analysts have issued 1 year target prices for Donaldson's shares. Their forecasts range from $40.00 to $49.00. On average, they expect Donaldson's stock price to reach $45.33 in the next twelve months. This suggests that the stock has a possible downside of 9.3%. View analysts' price targets for Donaldson.

Media stories about DCI stock have been trending positive recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Donaldson earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutDonaldson.

Donaldson saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,250,000 shares, a decline of 10.0% from the April 30th total of 2,500,000 shares. Based on an average trading volume of 590,500 shares, the days-to-cover ratio is presently 3.8 days. Approximately 1.8% of the company's shares are short sold. View Donaldson's Current Options Chain.

Some companies that are related to Donaldson include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll-Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Lincoln Electric (LECO), ITT (ITT) and Middleby (MIDD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Donaldson investors own include AT&T (T), Centurylink (CTL), Walt Disney (DIS), Duke Energy (DUK), Honeywell International (HON), Altria Group (MO), ONEOK (OKE), Occidental Petroleum (OXY), Pfizer (PFE) and J M Smucker (SJM).

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

Donaldson's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.77%), State Street Corp (4.18%), Franklin Resources Inc. (2.58%), Atlanta Capital Management Co. L L C (2.15%), Janus Henderson Group PLC (1.97%) and Boston Trust Walden Corp (1.70%). Company insiders that own Donaldson stock include Douglas A Milroy, John Wiehoff, Michael J Hoffman, Richard Brent Lewis, Tod E Carpenter and Willard D Oberton. View institutional ownership trends for Donaldson.

DCI stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Pictet Asset Management Ltd., Fenimore Asset Management Inc., BlackRock Inc., State Street Corp, Schroder Investment Management Group, Principal Financial Group Inc., and Bank of New York Mellon Corp. View insider buying and selling activity for Donaldson.

DCI stock was bought by a variety of institutional investors in the last quarter, including Anchor Capital Advisors LLC, Fiduciary Management Inc. WI, Morgan Stanley, Morgan Stanley, Boston Trust Walden Corp, Invesco Ltd., Impax Asset Management Group plc, and Wells Fargo & Company MN. View insider buying and selling activity for Donaldson.

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

One share of DCI stock can currently be purchased for approximately $49.98.

Donaldson has a market capitalization of $6.34 billion and generates $2.84 billion in revenue each year. The industrial products company earns $267.20 million in net income (profit) each year or $2.21 on an earnings per share basis. Donaldson employs 14,100 workers across the globe.

The official website for Donaldson is www.donaldson.com.

Donaldson's mailing address is 1400 WEST 94TH STREET, MINNEAPOLIS MN, 55431. The industrial products company can be reached via phone at 952-887-3131 or via email at [email protected]