Wall Street Zen Downgrades Donaldson (NYSE:DCI) to Hold

Donaldson (NYSE:DCI) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group lifted their price objective on shares of Donaldson to $123.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Stifel Nicolaus increased their target price on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research report on Friday, December 5th. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. UBS Group set a $96.00 price target on shares of Donaldson in a research note on Tuesday, February 24th. Finally, Robert W. Baird decreased their price objective on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Donaldson currently has an average rating of “Moderate Buy” and a consensus target price of $100.60.

Donaldson Stock Down 3.1%

DCI opened at $88.81 on Friday. Donaldson has a 12 month low of $57.45 and a 12 month high of $112.84. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.29 and a quick ratio of 1.46. The stock has a market cap of $10.29 billion, a P/E ratio of 27.75, a P/E/G ratio of 2.22 and a beta of 1.02. The stock’s 50 day moving average price is $100.07 and its 200 day moving average price is $90.09.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, February 26th. The industrial products company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.07). Donaldson had a net margin of 10.09% and a return on equity of 29.85%. The business had revenue of $896.30 million for the quarter, compared to the consensus estimate of $898.64 million. During the same period in the previous year, the firm earned $0.83 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. As a group, research analysts predict that Donaldson will post 3.64 earnings per share for the current year.

Insider Buying and Selling at Donaldson

In other news, CFO Bradley J. Pogalz sold 566 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total transaction of $51,828.62. Following the completion of the sale, the chief financial officer directly owned 434 shares of the company’s stock, valued at $39,741.38. This trade represents a 56.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Donaldson

Several hedge funds have recently modified their holdings of DCI. Bank of New York Mellon Corp boosted its holdings in shares of Donaldson by 10.6% in the third quarter. Bank of New York Mellon Corp now owns 1,283,326 shares of the industrial products company’s stock worth $105,040,000 after buying an additional 123,000 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of Donaldson during the third quarter valued at approximately $3,068,000. Keybank National Association OH purchased a new stake in shares of Donaldson in the 3rd quarter valued at approximately $3,320,000. First National Bank of Omaha purchased a new stake in shares of Donaldson in the 3rd quarter valued at approximately $483,000. Finally, Caprock Group LLC acquired a new position in Donaldson in the 3rd quarter worth approximately $1,224,000. 82.81% of the stock is owned by hedge funds and other institutional investors.

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.