Donaldson (NYSE:DCI) Price Target Lowered to $95.00 at Robert W. Baird

Donaldson (NYSE:DCI) had its price target reduced by Robert W. Baird from $104.00 to $95.00 in a report issued on Monday,Benzinga reports. They currently have an outperform rating on the industrial products company’s stock.

DCI has been the subject of several other research reports. Jefferies Financial Group upped their price objective on shares of Donaldson to $123.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. UBS Group set a $96.00 target price on shares of Donaldson in a report on Tuesday, February 24th. Wall Street Zen cut shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a report on Friday, January 9th. Finally, Stifel Nicolaus increased their price target on shares of Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Donaldson has a consensus rating of “Moderate Buy” and a consensus price target of $100.20.

Donaldson Trading Down 1.5%

Shares of NYSE:DCI opened at $82.63 on Monday. The business’s 50 day simple moving average is $97.38 and its 200 day simple moving average is $90.83. Donaldson has a 1 year low of $57.45 and a 1 year high of $112.84. 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 company has a market capitalization of $9.57 billion, a P/E ratio of 25.82, a P/E/G ratio of 2.11 and a beta of 1.02.

Donaldson (NYSE:DCI) last announced its quarterly earnings data 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 company had revenue of $896.30 million during the quarter, compared to analyst estimates of $898.64 million. Donaldson had a net margin of 10.09% and a return on equity of 29.85%. Donaldson’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. On average, research analysts anticipate that Donaldson will post 3.64 EPS for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Thursday, February 12th. Donaldson’s dividend payout ratio is currently 37.50%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DCI. State Street Corp lifted its holdings in shares of Donaldson by 0.7% in the second quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after acquiring an additional 36,866 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Donaldson by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 2,846,214 shares of the industrial products company’s stock valued at $252,386,000 after purchasing an additional 15,674 shares during the last quarter. Morgan Stanley increased its position in Donaldson by 1.9% during the 4th quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock worth $225,389,000 after purchasing an additional 47,062 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Donaldson by 22.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock worth $187,037,000 after purchasing an additional 380,419 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Donaldson by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock valued at $178,224,000 after purchasing an additional 15,799 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.