Morgan Stanley Keeps Their Hold Rating on Donaldson Company (DCI)
In a report released today, Angel Castillo from Morgan Stanley maintained a Hold rating on Donaldson Company, with a price target of $93.00.
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Castillo covers the Industrials sector, focusing on stocks such as Caterpillar, Donaldson Company, and Terex. According to TipRanks, Castillo has an average return of -1.2% and a 51.02% success rate on recommended stocks.
In addition to Morgan Stanley, Donaldson Company also received a Hold from William Blair’s Brian Drab in a report issued on December 5. However, on December 4, TR | OpenAI – 4o reiterated a Buy rating on Donaldson Company (NYSE: DCI).
Based on Donaldson Company’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $935.4 million and a net profit of $113.9 million. In comparison, last year the company earned a revenue of $900.1 million and had a net profit of $99 million
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DCI in relation to earlier this year. Earlier this month, Bradley J. Pogalz, the CFO of DCI sold 566.00 shares for a total of $51,828.62.
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