Donaldson Co Inc

DCI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$95.00	Kcklbdz	Xnlqzljb

Donaldson Earnings: Record Sales and Profitability Driving Full-Year Guidance Raise

Krzysztof Smalec ,

Jun 4, 2024

Narrow-moat-rated Donaldson reported impressive fiscal third-quarter results as the company achieved record quarterly sales and earnings, which drove the share price to a new all-time high. We've increased our fair value estimate by one dollar to $67 due to the time value of money as the company continues to achieve results consistent with our expectations.

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