On February 2, 2026, Jefferies upgraded Donaldson Company, Inc. (NYSE:DCI) to a "Buy" rating, with the stock priced at $100.62. Jefferies also increased the price target for DCI to $123 from $120. Donaldson is a global leader in filtration products and solutions, competing with companies like Parker Hannifin and Cummins Filtration.
Donaldson recently announced an agreement to acquire Facet Filtration from Filtration Group for $820 million in cash. This acquisition is valued at 20 times the projected EBITDA for 2025, or 16.6 times when adjusted for tax benefits and cost savings. This strategic move aims to strengthen Donaldson's position in the filtration industry.
Currently, DCI's stock price is $101.13, reflecting a slight decrease of 0.79% from the previous day. The stock has traded between $99.28 and $102.58 today. Over the past year, DCI's stock has seen a high of $103.78 and a low of $57.45, indicating some volatility in its performance.
Donaldson's market capitalization is approximately $11.71 billion, highlighting its significant presence in the market. The trading volume for DCI today is 559,393 shares on the NYSE, suggesting active investor interest. The recent upgrade by Jefferies and the acquisition announcement may influence future stock performance.
