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 analysts have issued 1-year price targets for Donaldson's stock. 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 a possible upside of 17.0% 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 at the start of the year. Since then, DCI stock has decreased by 16.8% and is now trading at $49.28.
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Donaldson saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 970,800 shares, a drop of 12.5% from the August 15th total of 1,110,000 shares. Based on an average daily volume of 370,100 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.8% of the company's shares 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) announced 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 analysts' expectations of $879.61 million. Donaldson had a trailing twelve-month return on equity of 29.89% and a net margin of 10.07%. Donaldson's revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the company posted $0.66 earnings per share.

Donaldson declared a quarterly dividend on Friday, July 29th. Investors of record on Tuesday, August 16th will be given a dividend of $0.23 per share on Wednesday, August 31st. This represents a $0.92 annualized dividend and a dividend yield of 1.87%. The ex-dividend date 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 1.85%. 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 guidance of $2.66-$2.68 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional shareholders 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.
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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 $49.28.

Donaldson (NYSE:DCI) has a market capitalization of $6.06 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.