Robert W. Baird Has Lowered Expectations for Donaldson (NYSE:DCI) Stock Price

Donaldson (NYSE:DCI) had its price objective decreased by Robert W. Baird from $104.00 to $95.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s target price suggests a potential upside of 13.31% from the company’s previous close.

DCI has been the subject of a number of other research reports. Stifel Nicolaus lifted their target price on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Wall Street Zen lowered Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Morgan Stanley lowered their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a report on Monday, March 9th. UBS Group set a $96.00 price target on shares of Donaldson in a report on Tuesday, February 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.20.

Donaldson Stock Performance

DCI opened at $83.84 on Monday. Donaldson has a fifty-two week low of $57.45 and a fifty-two week high of $112.84. The firm has a market cap of $9.71 billion, a PE ratio of 26.20, a P/E/G ratio of 2.11 and a beta of 1.02. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.43. The business has a fifty day simple moving average of $97.76 and a 200-day simple moving average of $90.83.

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

Institutional Trading of Donaldson

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Donaldson by 0.7% during the second quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after acquiring an additional 36,866 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Donaldson by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,846,214 shares of the industrial products company’s stock worth $252,386,000 after purchasing an additional 15,674 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Donaldson by 1.9% in the fourth quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock valued at $225,389,000 after purchasing an additional 47,062 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Donaldson by 22.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock valued at $187,037,000 after purchasing an additional 380,419 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Donaldson by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock valued at $178,224,000 after buying an additional 15,799 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Company Profile

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.