William Blair analyst Brian Drab has maintained their neutral stance on DCI stock, giving a Hold rating yesterday.
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Brian Drab has given his Hold rating due to a combination of factors that reflect both the strengths and current valuation of Donaldson Company. The company reported a strong start to fiscal 2026, with first-quarter revenue and earnings per share (EPS) surpassing consensus expectations. Additionally, Donaldson raised its full-year EPS and operating margin guidance, partly due to successful efficiency and cost-saving initiatives.
Despite these positive developments, the stock’s valuation appears to be fully priced, trading at 23 times forward earnings based on the calendar 2026 earnings forecast. While the company’s end-markets, excluding the declining on-road truck segment, are stable or growing, the current stock price already reflects these growth prospects. Consequently, Brian Drab maintains a Hold rating, indicating that the stock is expected to perform in line with the market.
According to TipRanks, Drab is a 5-star analyst with an average return of 18.8% and a 61.29% success rate. Drab covers the Industrials sector, focusing on stocks such as Thermon Group Holdings, Xometry, and Donaldson Company.
In another report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $84.00 price target.

