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

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

DCI opened at $72.61 on Wednesday. The firm’s fifty day moving average price is $75.13 and its two-hundred day moving average price is $73.44. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of 21.48, a P/E/G ratio of 2.05 and a beta of 1.04. 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 has a 1 year low of $60.78 and a 1 year high of $78.95.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Monday, December 9th. Donaldson’s payout ratio is currently 31.95%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on DCI shares. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Stifel Nicolaus decreased their price target 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 investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $69.67.

Insider Activity at Donaldson

In related news, CFO Scott J. Robinson sold 83,600 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were 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. The trade was a 68.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Thomas R. Scalf sold 2,500 shares of the stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $73.16, for a total transaction of $182,900.00. Following the transaction, the president now owns 28,334 shares of the company’s stock, valued at approximately $2,072,915.44. The trade was a 8.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 167,805 shares of company stock valued at $12,310,222 over the last ninety days. 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.