Donaldson Co Inc

DCI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$18.00	Kncgr	Lngvjywd

Donaldson Earnings: Revenue Rises Despite Some Headwinds in Life Sciences; Our Thesis Is Unruffled

Krzysztof Smalec ,

Jun 1, 2023

Narrow-moat-rated Donaldson posted a 13.4% year-over-year increase in adjusted EPS, from $0.67 to $0.76, in its fiscal third quarter. We’ve maintained our $59 fair value estimate as nothing in the earnings results materially alters our long-term thesis. We view the name as fairly valued at current levels.

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