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 brokers have issued 1 year target prices for Donaldson's stock. Their DCI share price forecasts range from $51.00 to $66.00. On average, they predict the company's stock price to reach $61.00 in the next twelve months. This suggests that the stock has a possible downside of 3.6%.
View analysts price targets for DCI or view top-rated stocks among Wall Street analysts.

Donaldson's stock was trading at $58.87 at the beginning of 2023. Since then, DCI stock has increased by 7.5% and is now trading at $63.31.
View the best growth stocks for 2023 here.

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 presently 2.4 days. Approximately 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, March 1st 2023.
View our DCI earnings forecast.

Donaldson will be holding an earnings conference call on Wednesday, March 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Donaldson announced a quarterly dividend on Thursday, January 26th. Investors of record on Friday, February 10th will be given a dividend of $0.23 per share on Monday, February 27th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.45%. 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 1.46%. 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 earnings per share (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 a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.18%), Boston Trust Walden Corp (2.14%), Geneva Capital Management LLC (0.59%), Mountain Pacific Investment Advisers Inc. ID (0.58%), ProShare Advisors LLC (0.50%) and TD Asset Management Inc (0.48%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of DCI stock can currently be purchased for approximately $63.31.

Donaldson (NYSE:DCI) has a market capitalization of $7.70 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.