Donaldson (NYSE:DCI) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Donaldson (NYSE:DCI) released its quarterly earnings data on Tuesday. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.01, RTT News reports. The firm had revenue of $900.10 million during the quarter, compared to analysts’ expectations of $888.88 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Donaldson’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.75 earnings per share. Donaldson updated its FY 2025 guidance to 3.560-3.720 EPS and its FY25 guidance to $3.56-3.72 EPS.

Donaldson Price Performance

Shares of NYSE DCI opened at $73.35 on Thursday. The firm has a market capitalization of $8.78 billion, a P/E ratio of 21.32, a PEG ratio of 1.91 and a beta of 1.04. Donaldson has a one year low of $60.78 and a one year high of $78.95. The company’s fifty day moving average is $75.11 and its two-hundred day moving average is $73.43. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.23 and a current ratio of 1.85.

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be given a dividend of $0.27 per share. The ex-dividend date is Monday, December 9th. This represents a $1.08 annualized dividend and a dividend yield of 1.47%. Donaldson’s payout ratio is currently 31.40%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DCI. Robert W. Baird increased their target price on shares of Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday. Morgan Stanley raised their price objective on shares of Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a research note on Wednesday. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Finally, Stifel Nicolaus lowered their price objective on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $74.00.

Insiders Place Their Bets

In related news, insider Amy C. Becker sold 14,500 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $72.89, for a total value of $1,056,905.00. Following the completion of the transaction, the insider now owns 41,368 shares of the company’s stock, valued at approximately $3,015,313.52. The trade was a 25.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James Owens sold 5,210 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $71.74, for a total transaction of $373,765.40. Following the completion of the transaction, the director now directly owns 17,788 shares of the company’s stock, valued at $1,276,111.12. The trade was a 22.65 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 167,805 shares of company stock worth $12,310,222. Corporate insiders own 2.70% 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.