Donaldson Inc Stock Price, News & Analysis

Donaldson Company (NYSE: DCI), a leader in filtration solutions, will host a webcast for its Q3 2021 earnings call on June 2, 2021, at 9:00 a.m. CDT. Participants can access the live event via the Events & Presentations section of Donaldson’s Investor Relations website. A replay will be available post-event starting at 12:00 p.m. CDT on the same day. Founded in 1915, Donaldson serves various industries globally with over 140 locations, focusing on innovative filtration technologies.

Donaldson Company (NYSE: DCI) announced that its iCue™ connected filtration service will become standard on its popular industrial dust collector models, including DFO and DFE Cartridge Collectors and RP, LP, and RF Baghouse models, starting from March 30, 2021. This service enables maintenance teams to monitor operational performance in real-time and includes a trial subscription. A recent trial showed potential maintenance time savings of about 900 hours annually at a large industrial minerals plant. The service is compatible with various dust collector brands and does not require IT integration.

Donaldson Company (NYSE: DCI) launched its Filter Minder Connect solution at the TMC Spring Meeting, enabling real-time monitoring of fuel filters and engine oil in heavy-duty engines. This technology allows fleet managers to optimize maintenance schedules, reducing downtime and costs. The system wirelessly transmits performance data to the cloud, providing predictive analytics to inform users when filters and engine oil are near the end of their lifespan. The solution aims to enhance operational efficiency and profitability for fleet operators.

Donaldson Company (NYSE: DCI) announces significant updates to its iCue™ connected filtration service, enhancing user experience and capabilities. Key upgrades include a Particulate Monitoring Sensor for real-time air quality assessments, Pulse-Jet Cleaning Valves for improved filter performance notifications, and a Partner View feature enabling third-party access for maintenance support. These enhancements aim to optimize operational efficiency, ensure compliance, and extend filter lifespan, ultimately saving time and reducing costs for manufacturing facilities worldwide.

Donaldson Company (NYSE: DCI) has launched the Ultrapac™ Smart dryer, a cutting-edge solution for drying compressed air in manufacturing. This innovative product employs a three-stage separation process, enhancing air quality crucial for food and beverage applications. The dryer’s compact design allows for flexible installation, while its advanced filtration technology ensures efficient drying, reducing maintenance costs. Additionally, plant teams can monitor performance via a touchscreen display. The Ultrapac Smart dryer meets various industry standards, ensuring reliable operation in critical environments.

Donaldson Company (NYSE: DCI) announced that its management will participate in a fireside chat and investor meetings at the Bank of America Global Industrials Conference on March 16, starting at 1:10 p.m. Central time. Investors can listen to the live webcast in the "Events & Presentations" section of Donaldson’s Investor Relations website. A replay will be available for approximately 90 days after the event. Founded in 1915, Donaldson is a global leader in the filtration industry, offering innovative solutions to enhance equipment performance.

Donaldson Company (NYSE: DCI) reported Q2 2021 GAAP net earnings of $56.2 million, down from $64.4 million in 2020, impacted by $14.8 million in restructuring charges. Adjusted net earnings were $66.8 million, with GAAP EPS at $0.44, a decrease from $0.50 the previous year. Sales rose 2.6% to $679.1 million, led by growth in Off-Road and Aftermarket segments. Full-year guidance estimates GAAP EPS between $2.09 and $2.17, with sales set to increase 5%-8% compared to last year.

Donaldson Company (NYSE: DCI) will host a webcast for its second quarter 2021 earnings conference call on February 25, 2021, at 9:00 a.m. CST. Investors can access the live webcast via the 'Events & Presentations' section on its Investor Relations website. A replay will be available starting at 12:00 p.m. CST on the same day. Established in 1915, Donaldson is a leader in innovative filtration solutions, serving diverse industries globally with over 140 locations.

Donaldson Company (NYSE: DCI) declared a regular cash dividend of 21.0 cents per share, payable on February 26, 2021, to shareholders of record on February 11, 2021. This marks the 65th consecutive year of quarterly dividend payments. Donaldson is recognized for its commitment to returning value to shareholders and has been part of the S&P High-Yield Dividend Aristocrats Index since January 2016 after achieving 20 years of annual dividend increases.