Donaldson (NYSE:DCI) Given New $72.00 Price Target at Morgan Stanley

Donaldson (NYSE:DCI) had its price objective lifted by Morgan Stanley from $69.00 to $72.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an underweight rating on the industrial products company’s stock.

Other research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, July 5th. Robert W. Baird increased their price objective on shares of Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Stifel Nicolaus boosted their target price on shares of Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a report on Thursday, August 28th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $80.33.

Donaldson Stock Down 0.0%

Donaldson stock opened at $79.63 on Tuesday. Donaldson has a 1-year low of $57.45 and a 1-year high of $83.31. The firm’s fifty day simple moving average is $72.76 and its 200-day simple moving average is $69.30. The company has a current ratio of 1.93, a quick ratio of 1.24 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $9.28 billion, a P/E ratio of 26.11, a P/E/G ratio of 1.89 and a beta of 1.01.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.01. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. The company had revenue of $980.70 million for the quarter, compared to analyst estimates of $951.59 million. During the same period last year, the business posted $0.94 EPS. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Sell-side analysts forecast that Donaldson will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Tuesday, August 12th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. Donaldson’s dividend payout ratio is 39.34%.

Insiders Place Their Bets

In related news, insider Amy C. Becker sold 18,500 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the completion of the sale, the insider directly owned 44,645 shares in the company, valued at $3,647,942.95. This represents a 29.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Trudy A. Rautio sold 31,900 shares of the company’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $79.96, for a total transaction of $2,550,724.00. Following the completion of the transaction, the director owned 29,330 shares of the company’s stock, valued at $2,345,226.80. This trade represents a 52.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.70% of the company’s stock.

Institutional Trading of Donaldson

A number of institutional investors have recently made changes to their positions in DCI. Colonial Trust Co SC bought a new position in shares of Donaldson in the 4th quarter worth approximately $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Donaldson during the first quarter valued at $29,000. Hantz Financial Services Inc. lifted its stake in Donaldson by 5,112.5% in the second quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 409 shares during the period. NewSquare Capital LLC purchased a new stake in shares of Donaldson during the second quarter valued at about $34,000. Finally, Brooklyn Investment Group lifted its position in shares of Donaldson by 113.9% during the first quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company’s stock valued at $40,000 after buying an additional 320 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.