Donaldson (NYSE:DCI) Reaches New 12-Month High – What’s Next?

Donaldson Company, Inc. (NYSE:DCI) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $101.80 and last traded at $101.42, with a volume of 54654 shares trading hands. The stock had previously closed at $99.87.

Analyst Ratings Changes

A number of research firms recently commented on DCI. Morgan Stanley upgraded Donaldson from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $72.00 to $84.00 in a report on Monday, November 24th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Stifel Nicolaus increased their price target on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Finally, Robert W. Baird set a $100.00 price objective on shares of Donaldson in a report on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Donaldson has an average rating of “Moderate Buy” and an average price target of $100.00.

Donaldson Stock Up 1.6%

The stock’s fifty day simple moving average is $91.42 and its 200-day simple moving average is $82.88. The stock has a market cap of $11.71 billion, a P/E ratio of 31.62, a P/E/G ratio of 2.51 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.39 and a current ratio of 2.15.

Donaldson (NYSE:DCI) last issued its quarterly 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 analysts’ expectations of $922.68 million. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. As a group, research analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were paid a dividend of $0.30 per share. 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 is presently 37.38%.

Insider Activity

In other Donaldson news, Director Ajita G. Rajendra sold 19,800 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 43,993 shares in the company, valued at $4,049,115.72. The trade was a 31.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Bradley J. Pogalz sold 566 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total value of $51,828.62. Following the transaction, 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 disclosure for this sale is available in the SEC filing. 2.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Aaron Wealth Advisors LLC grew its holdings in shares of Donaldson by 14.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 11,507 shares of the industrial products company’s stock valued at $1,020,000 after purchasing an additional 1,488 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Donaldson by 9.6% in the 4th quarter. Signaturefd LLC now owns 1,403 shares of the industrial products company’s stock valued at $124,000 after acquiring an additional 123 shares during the last quarter. Payne Capital LLC acquired a new stake in shares of Donaldson during the 4th quarter valued at $204,000. Sylvest Advisors LLC grew its position in Donaldson by 3.1% during the 4th quarter. Sylvest Advisors LLC now owns 9,237 shares of the industrial products company’s stock worth $819,000 after acquiring an additional 275 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its position in Donaldson by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 3,440 shares of the industrial products company’s stock valued at $305,000 after purchasing an additional 118 shares during the last quarter. 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 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.