Donaldson (NYSE:DCI – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.220-4.380 for the period, compared to the consensus earnings per share estimate of 4.400. The company issued revenue guidance of $4.1 billion-$4.3 billion, compared to the consensus revenue estimate of $4.2 billion.
Donaldson Trading Up 0.9%
NYSE:DCI opened at $93.29 on Wednesday. The firm’s fifty day moving average is $91.55 and its 200-day moving average is $90.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.55 and a current ratio of 2.35. Donaldson has a 52 week low of $75.58 and a 52 week high of $112.84. The firm has a market cap of $10.81 billion, a P/E ratio of 25.08, a P/E/G ratio of 2.11 and a beta of 0.92.
Donaldson (NYSE:DCI – Get Free Report) last announced its earnings results on Tuesday, August 25th. The industrial products company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. Equities analysts expect that Donaldson will post 3.96 earnings per share for the current year.
Donaldson Announces Dividend
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on DCI shares. Robert W. Baird boosted their price objective on Donaldson from $95.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Wells Fargo & Company set a $91.00 target price on Donaldson in a research note on Thursday, June 4th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Stifel Nicolaus lowered their target price on Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a report on Thursday, June 4th. Finally, Weiss Ratings raised Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Donaldson currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.50.
Get Our Latest Stock Report on Donaldson
Institutional Investors Weigh In On Donaldson
Hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of Donaldson by 0.7% during the second quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after purchasing an additional 36,866 shares during the period. Morgan Stanley raised its holdings in Donaldson by 1.9% during the fourth quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock worth $225,389,000 after buying an additional 47,062 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in Donaldson by 22.0% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock worth $187,037,000 after buying an additional 380,419 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Donaldson by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock valued at $178,224,000 after buying an additional 15,799 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Donaldson by 1.6% in the fourth quarter. Invesco Ltd. now owns 1,355,944 shares of the industrial products company’s stock valued at $120,218,000 after buying an additional 21,268 shares in the last quarter. Institutional investors and hedge funds 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.
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