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.
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3 Wall Street research analysts have issued 12 month 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 stock price to reach $58.33 in the next year. This suggests a possible upside of 2.5% from the stock's current price.
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Donaldson's stock was trading at $59.26 at the beginning of 2022. Since then, DCI stock has decreased by 4.0% and is now trading at $56.90.
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Donaldson saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,430,000 shares, a decrease of 11.2% from the July 15th total of 1,610,000 shares. Based on an average daily volume of 396,600 shares, the short-interest ratio is currently 3.6 days. Approximately 1.2% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 31st 2022.
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Donaldson will be holding an earnings conference call on Wednesday, August 31st 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 earnings results on Wednesday, June, 1st. The industrial products company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.72 by $0.05. The industrial products company earned $853.20 million during the quarter, compared to analysts' expectations of $823.99 million. Donaldson had a trailing twelve-month return on equity of 28.15% and a net margin of 9.91%. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend 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 1.64%. The company has been increasing its dividend for 37 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCI will have a dividend payout ratio of 30.07% 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 2022 earnings guidance on Wednesday, June, 29th. The company provided EPS guidance of $2.67-$2.73 for the period, compared to the consensus EPS estimate of $2.70. The company issued revenue guidance of $3.27 billion-$3.33 billion, compared to the consensus revenue estimate of $3.24 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 shareholders include Allspring Global Investments Holdings LLC (3.23%), FMR LLC (3.22%), Franklin Resources Inc. (2.50%), Boston Trust Walden Corp (2.10%), Kayne Anderson Rudnick Investment Management LLC (1.65%) and Northern Trust Corp (0.80%). 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 $56.90.

Donaldson (NYSE:DCI) has a market capitalization of $6.99 billion and generates $2.85 billion in revenue each year. The industrial products company earns $286.90 million in net income (profit) each year or $2.51 on an earnings per share basis.

The company employs 13,100 workers across the globe.

Donaldson was founded in 1915.

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.