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

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

Donaldson Stock Down 7.0 %

Shares of DCI opened at $72.61 on Wednesday. The firm has a 50 day simple moving average of $75.13 and a two-hundred day simple moving average of $73.44. The company has a market cap of $8.70 billion, a P/E ratio of 21.48, a P/E/G ratio of 2.05 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 has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a yield of 1.49%. Donaldson’s payout ratio is 31.95%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Stifel Nicolaus cut their target price 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. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $69.67.

Insider Activity

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