Donaldson (NYSE:DCI) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen downgraded shares of Donaldson (NYSE:DCI) from a buy rating to a hold rating in a report issued on Saturday morning.

A number of other research firms have also commented on DCI. Morgan Stanley upgraded shares of Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $72.00 to $84.00 in a research report on Monday, November 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Jefferies Financial Group boosted their target price on Donaldson to $123.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Robert W. Baird decreased their price target on Donaldson from $110.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Finally, UBS Group set a $96.00 price target on Donaldson in a report on Tuesday, February 24th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $100.60.

Donaldson Stock Down 3.1%

Shares of NYSE DCI opened at $88.81 on Friday. Donaldson has a 52-week low of $57.45 and a 52-week high of $112.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.46 and a current ratio of 2.29. The business has a fifty day moving average of $100.07 and a two-hundred day moving average of $89.98. The stock has a market cap of $10.29 billion, a PE ratio of 27.75, a PEG ratio of 2.22 and a beta of 1.02.

Donaldson (NYSE:DCI) last posted 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). The firm had revenue of $896.30 million during the quarter, compared to the consensus estimate of $898.64 million. Donaldson had a return on equity of 29.85% and a net margin of 10.09%.The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. As a group, equities research analysts expect that Donaldson will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. Donaldson’s payout ratio is currently 37.50%.

Insider Activity

In other news, CFO Bradley J. Pogalz sold 566 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total transaction of $51,828.62. Following the sale, the chief financial officer directly owned 434 shares of the company’s stock, valued at $39,741.38. This represents a 56.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. William Blair Investment Management LLC boosted its position in Donaldson by 26,235.7% in the 4th quarter. William Blair Investment Management LLC now owns 1,707,872 shares of the industrial products company’s stock valued at $151,420,000 after buying an additional 1,701,387 shares during the last quarter. Norges Bank bought a new stake in shares of Donaldson during the fourth quarter worth $120,186,000. Victory Capital Management Inc. lifted its stake in shares of Donaldson by 6,069.9% during the third quarter. Victory Capital Management Inc. now owns 1,178,884 shares of the industrial products company’s stock valued at $96,492,000 after acquiring an additional 1,159,777 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in 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 acquiring an additional 380,419 shares during the last quarter. Finally, Arbejdsmarkedets Tillaegspension bought a new position in Donaldson in the fourth quarter valued at about $22,872,000. 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.