Donaldson (NYSE:DCI) Price Target Lowered to $91.00 at Morgan Stanley

Donaldson (NYSE:DCI) had its price objective decreased by Morgan Stanley from $93.00 to $91.00 in a research note released on Monday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the industrial products company’s stock.

Other analysts have also recently issued reports about the stock. Stifel Nicolaus upped their target price on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research report on Friday, December 5th. Robert W. Baird dropped their price target on Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Jefferies Financial Group boosted their price objective on Donaldson to $123.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Finally, Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a report on Saturday. 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, the company currently has an average rating of “Moderate Buy” and an average price target of $102.00.

Donaldson Stock Up 0.3%

Shares of DCI opened at $88.99 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.29 and a quick ratio of 1.46. The stock has a market capitalization of $10.31 billion, a price-to-earnings ratio of 27.81, a price-to-earnings-growth ratio of 2.22 and a beta of 1.02. Donaldson has a 1 year low of $57.45 and a 1 year high of $112.84. The business’s 50 day simple moving average is $100.03 and its 200-day simple moving average is $90.20.

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 analysts’ consensus estimates of $0.90 by ($0.07). The business had revenue of $896.30 million during the quarter, compared to analysts’ expectations of $898.64 million. Donaldson had a net margin of 10.09% and a return on equity of 29.85%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. As a group, equities analysts expect that Donaldson will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 1.3%. Donaldson’s dividend payout ratio (DPR) is presently 37.50%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DCI. True Wealth Design LLC lifted its stake in shares of Donaldson by 203.7% during the 3rd quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 218 shares during the last quarter. SJS Investment Consulting Inc. grew its position in Donaldson by 3,680.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 378 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 368 shares during the last quarter. Leonteq Securities AG purchased a new stake in Donaldson in the fourth quarter worth $40,000. Eagle Bay Advisors LLC bought a new stake in shares of Donaldson during the fourth quarter worth $45,000. Finally, Clearstead Advisors LLC lifted its position in shares of Donaldson by 92.6% during the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 288 shares during the last quarter. Institutional investors 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.