Analysts Set Donaldson Company, Inc. (NYSE:DCI) PT at $93.33

Donaldson Company, Inc. (NYSE:DCI) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $100.00.

A number of research analysts recently commented on DCI shares. Jefferies Financial Group raised Donaldson from a “hold” rating to a “buy” rating and increased their target price for the company from $92.00 to $120.00 in a research note on Friday, January 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Stifel Nicolaus boosted their target price on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Robert W. Baird set a $100.00 price target on shares of Donaldson in a research report on Friday, December 5th.

Insider Buying and Selling at Donaldson

In other Donaldson news, Director Ajita G. Rajendra sold 19,800 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the completion of the sale, the director directly owned 43,993 shares in the company, valued at $4,049,115.72. This represents a 31.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Bradley J. Pogalz sold 566 shares of Donaldson stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total value of $51,828.62. Following the completion of the transaction, the chief financial officer owned 434 shares in the company, valued at approximately $39,741.38. This represents a 56.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Donaldson

A number of hedge funds have recently modified their holdings of DCI. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Donaldson by 11.9% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,867 shares of the industrial products company’s stock worth $254,000 after purchasing an additional 305 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Donaldson by 2.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 946,530 shares of the industrial products company’s stock valued at $85,121,000 after purchasing an additional 22,494 shares during the period. Financial Planning Hawaii Inc. bought a new position in Donaldson during the 4th quarter valued at approximately $247,000. Hennion & Walsh Asset Management Inc. lifted its holdings in Donaldson by 42.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 4,917 shares of the industrial products company’s stock worth $436,000 after buying an additional 1,460 shares during the period. Finally, USA Financial Formulas grew its position in shares of Donaldson by 20.9% in the 4th quarter. USA Financial Formulas now owns 1,459 shares of the industrial products company’s stock worth $129,000 after buying an additional 252 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Stock Up 2.3%

Shares of NYSE DCI opened at $100.76 on Friday. The company has a current ratio of 2.15, a quick ratio of 1.39 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average of $90.62 and a 200-day moving average of $82.08. The firm has a market capitalization of $11.62 billion, a price-to-earnings ratio of 31.39, a PEG ratio of 2.43 and a beta of 0.99. Donaldson has a 12 month low of $57.45 and a 12 month high of $100.91.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, December 4th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. The business had revenue of $935.40 million during the quarter, compared to analyst estimates of $922.68 million. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. Donaldson’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Sell-side analysts expect that Donaldson will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, December 5th. Donaldson’s dividend payout ratio (DPR) is presently 37.38%.

About Donaldson

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.