Donaldson Company, Inc. (NYSE:DCI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Donaldson Company, Inc. (NYSE:DCI) have been assigned an average rating of “Moderate Buy” from the five analysts that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $101.00.

Several analysts have issued reports on DCI shares. Weiss Ratings raised Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Robert W. Baird boosted their price objective on Donaldson from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Wall Street Zen lowered shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday. Wells Fargo & Company set a $91.00 target price on shares of Donaldson in a research note on Thursday, June 4th. Finally, Stifel Nicolaus set a $95.00 price objective on shares of Donaldson in a research report on Friday, August 28th.

Donaldson Trading Up 0.0%

Shares of NYSE:DCI opened at $86.10 on Wednesday. The stock has a market capitalization of $9.98 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 1.99 and a beta of 0.92. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.41 and a current ratio of 2.08. The stock’s 50-day simple moving average is $92.08 and its two-hundred day simple moving average is $88.38. Donaldson has a 52-week low of $79.42 and a 52-week high of $112.84.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. Donaldson had a net margin of 11.68% and a return on equity of 28.68%. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the firm earned $1.03 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. Analysts expect that Donaldson will post 4.34 EPS for the current year.

Donaldson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, August 17th. Donaldson’s dividend payout ratio is presently 33.25%.

Hedge Funds Weigh In On Donaldson

Several hedge funds have recently modified their holdings of DCI. HB Wealth Management LLC raised its stake in Donaldson by 3.8% during the 1st quarter. HB Wealth Management LLC now owns 3,502 shares of the industrial products company’s stock worth $297,000 after buying an additional 129 shares during the period. Blue Trust Inc. boosted its stake in Donaldson by 4.8% during the 1st quarter. Blue Trust Inc. now owns 2,925 shares of the industrial products company’s stock valued at $248,000 after purchasing an additional 133 shares during the last quarter. Bessemer Group Inc. increased its holdings in Donaldson by 8.9% during the 1st quarter. Bessemer Group Inc. now owns 1,707 shares of the industrial products company’s stock worth $145,000 after purchasing an additional 139 shares in the last quarter. Studio Investment Management LLC raised its stake in shares of Donaldson by 1.6% in the second quarter. Studio Investment Management LLC now owns 11,413 shares of the industrial products company’s stock worth $1,025,000 after purchasing an additional 185 shares during the last quarter. Finally, Perkins Capital Management Inc. raised its position in Donaldson by 4.5% in the 1st quarter. Perkins Capital Management Inc. now owns 4,600 shares of the industrial products company’s stock valued at $390,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

About Donaldson

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts. Founded in 1915, the company develops products that help protect engines, equipment, manufacturing processes and people from airborne and liquid contaminants.

Donaldson’s products include air and liquid filters, dust and fume collectors, hydraulic and process filtration systems, exhaust and emissions solutions, and replacement filtration parts. Its technologies are used in applications such as heavy-duty and off-road equipment, agriculture, construction, mining, transportation, power generation, manufacturing, and other industrial operations.

The company serves original equipment manufacturers, distributors and end users through operations and sales channels spanning North America, Europe, Asia-Pacific and other international markets.