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

Donaldson (NYSE:DCI) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

Several other research analysts have also recently weighed in on DCI. UBS Group set a $96.00 price target on shares of Donaldson in a report on Tuesday, February 24th. Morgan Stanley raised shares of Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $72.00 to $84.00 in a research report on Monday, November 24th. Robert W. Baird reduced their target price on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Stifel Nicolaus increased their target price on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a report on Friday, December 5th. Finally, Jefferies Financial Group lifted their price target on Donaldson to $123.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Donaldson currently has an average rating of “Moderate Buy” and an average price target of $100.60.

Donaldson Stock Performance

Shares of Donaldson stock opened at $88.81 on Friday. The stock’s fifty day simple moving average is $100.07 and its 200 day simple moving average is $89.88. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $10.29 billion, a PE ratio of 27.75, a PEG ratio of 2.29 and a beta of 1.02. Donaldson has a 12 month low of $57.45 and a 12 month high of $112.84.

Donaldson (NYSE:DCI) last posted its earnings results on Thursday, February 26th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). Donaldson had a net margin of 10.09% and a return on equity of 29.85%. The business had revenue of $896.30 million during the quarter, compared to analyst estimates of $898.64 million. During the same period in the previous year, the firm posted $0.83 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. On average, research analysts predict that Donaldson will post 3.64 EPS for the current year.

Insider Buying and Selling at Donaldson

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

Hedge Funds Weigh In On Donaldson

Several hedge funds and other institutional investors have recently made changes to their positions in DCI. William Blair Investment Management LLC increased its holdings in Donaldson by 26,235.7% during the fourth quarter. William Blair Investment Management LLC now owns 1,707,872 shares of the industrial products company’s stock worth $151,420,000 after buying an additional 1,701,387 shares during the last quarter. Norges Bank acquired a new stake in Donaldson in the fourth quarter valued at $120,186,000. Victory Capital Management Inc. grew its position in shares of Donaldson by 6,069.9% in the 3rd 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. grew its position in shares of Donaldson by 22.0% in the 4th 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 period. Finally, Arbejdsmarkedets Tillaegspension acquired a new position in shares of Donaldson during the 4th quarter worth about $22,872,000. 82.81% of the stock is owned by institutional investors.

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.