Donaldson (NYSE:DCI) Releases Earnings Results, Beats Estimates By $0.01 EPS

Donaldson (NYSE:DCI) issued its earnings results on Tuesday. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.01, RTT News reports. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. The business had revenue of $900.10 million for the quarter, compared to analysts’ expectations of $888.88 million. During the same quarter in the previous year, the firm posted $0.75 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Donaldson updated its FY 2025 guidance to 3.560-3.720 EPS and its FY25 guidance to $3.56-3.72 EPS.

Donaldson Trading Up 0.0 %

DCI opened at $78.08 on Tuesday. Donaldson has a twelve month low of $60.78 and a twelve month high of $78.95. The stock has a market cap of $9.35 billion, a PE ratio of 23.10, a price-to-earnings-growth ratio of 2.05 and a beta of 1.04. The company has a fifty day moving average of $75.02 and a 200-day moving average of $73.41. The company has a quick ratio of 1.23, a current ratio of 1.84 and a debt-to-equity ratio of 0.32.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.08 annualized dividend and a yield of 1.38%. Donaldson’s dividend payout ratio is presently 31.95%.

Insider Transactions at Donaldson

In related news, President Thomas R. Scalf sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $73.16, for a total transaction of $182,900.00. Following the completion of the sale, the president now directly owns 28,334 shares in the company, valued at approximately $2,072,915.44. The trade was a 8.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Scott J. Robinson sold 83,600 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $74.04, for a total value of $6,189,744.00. Following the transaction, the chief financial officer now directly owns 37,702 shares of the company’s stock, valued at approximately $2,791,456.08. This represents a 68.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 167,805 shares of company stock worth $12,310,222 over the last quarter. Corporate insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DCI. StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Stifel Nicolaus lowered their price target on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $69.67.

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.