Positive context积极背景
Stocks股票 / Industrials / DCI
Donaldson Company · Industrials
DCI US listed · USD美股 · 美元
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals.唐纳森公司是一家过滤公司，从事用于多个行业领域的过滤产品的生产和营销，包括商业/工业、航空航天、化工、替代能源（风力发电机）、食品饮料和制药。
Large cap大盘 · $11B
Industrials
S&P 400标普400中盘
Cyclical周期股
$95.71
-$0.56 · -0.58%
52w low52周低 $72.25high高 $111
Neutral — no clear edge中性 — 无明显优势
The bottoming setup is not yet confirmed (price still below the 10-day average) and the 3-day/weekly momentum is rolling over — momentum is fading before the…筑底形态尚未确认（价格仍位于 10 日均线下方），且3 日/周线动量已开始掉头向下——动量在形态完成前已开始衰竭。等待价格收复 10 日均线且动量趋于稳定后再考虑建仓。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
58
Neutral zone中性区域
vs 50-day average相对50日均线
+6.3% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+5.5% above上方
Long trend up长期向上
Volatility波动率
41th percentile第41百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-08-2612
Estimates roughly stable预期基本稳定
Beat in 3 of last 4 quarters近 4 季中 3 季超预期
Post-earnings drift: +5.1% (20d)财报后漂移：+5.1%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 -1.2%
Valuation估值
Roughly fair vs sector相对行业估值合理| Multiple指标 | DCI | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（历史） | 30.08x | 30.23 | |
| P/B市净率 | 7.01x | 4.41 | |
| Earnings yield盈利收益率 | 3.32% | 3.11 | |
| FCF yield自由现金流收益率 | 3.08% | 3.73 | |
| Shareholder yield股东收益率 | 4.20% | 2.22 | |
| EV/EBITDA企业价值/EBITDA | 19.33x | 16.47 | |
| P/FCF市值/自由现金流 | 32.48x | 24.95 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$3.7B2025
20202025
5-yr growth5年复合增速 7.4%
Earnings per share每股收益
$3.052025
20202025
5-yr growth5年复合增速 8.8%
Free cash flow自由现金流
$339.9M2025
20202025
Operating margin营业利润率
13.4%
Balance-sheet quality财务体质 5/8
Bankruptcy risk: safe zone破产风险：安全区
Return on equity股本回报率 23%
Clean稳健
Leverage杠杆
Net debt / EBITDA净债务/EBITDA0.77
Current ratio流动比率1.93
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$331.5M
Stock-based comp股权薪酬$24.0M
Share count change (1y)股数变化（1年）-3.4%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Short interest changed -19.3%空头仓位变动 -19.3%
Technical技术面
DCI daily MACD crossed downDCI 日线MACD下穿
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$3.5M net (0 buyers, 2 sellers)-$3.5M 净值（0 买家，2 卖家）
Signal history信号历史
engine events引擎事件
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP. Buyers rejected the 2026-07-10 low (swing low printed) but price hasn't reclaimed its 10-day average — first box ticked, not all买入预备。买方拒绝了 2026-07-10 的低点（摆动低点已现），但价格尚未收复 10 日均线——第一项条件达成，并非全部
Aug 13, 2026
DCI daily MACD crossed downDCI 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $95.71.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$95.71。
Aug 7, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Aug 7, 2026
DCI RSI reached overboughtDCI RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $98.61.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$98.61。
Aug 5, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Aug 4, 2026
DCI RSI reached overboughtDCI RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $98.14.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$98.14。
Jul 30, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Jul 28, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Jul 28, 2026
DCI RSI reached overboughtDCI RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $95.36.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$95.36。
Jul 22, 2026
UPTREND → BUY ZONE上涨趋势 → 买入区
BUY买入
Jul 22, 2026
DCI daily MACD crossed upDCI 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $90.96.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$90.96。
Showing the last 15 of显示最近15条，共 267 signals条信号
Company profile公司档案
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals.唐纳森公司是一家过滤公司，从事用于多个行业领域的过滤产品的生产和营销，包括商业/工业、航空航天、化工、替代能源（风力发电机）、食品饮料和制药。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Profitability盈利能力
Above market高于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Shareholder payout股东回报
Below market低于市场
Low volatility低波动
Above market高于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Above market高于市场
Short interest空头兴趣
Below market低于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（静态） | 30.1× | 30.2× | 51% |
| Price / Book市净率 | 7.0× | 4.4× | 28% |
| EV / EBITDAEV/EBITDA | 19.3× | 16.5× | 36% |
| Earnings yield盈利收益率 | 3.3% | 3.1% | 55% |
| Free-cash-flow yield自由现金流收益率 | 3.8% | 5.5% | 29% |
| Shareholder yield股东综合回报率 | 4.2% | 2.2% | 73% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
61/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
60/100 — middle of the pack居中
vs market, 6 months相对大盘（6个月）
15/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
59/100 — middle of the pack居中
Rank in sector行业内排名
#108 / 262
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -2.7% | +1.2% |
| 1 Month近1月 | +6.7% | +3.5% |
| 3 Months近3月 | +16.8% | +5.2% |
| 6 Months近6月 | -12.6% | +14.4% |
| Year to date年初至今 | +6.7% | +14.2% |
| 1 Year近1年 | +27.1% | +21.6% |
| 3 Years近3年 | +58.5% | +79.7% |
Trading information交易信息
Beta vs market贝塔
0.91
Volatility rank波动率分位
41th pctile
Short interest空头占比
2.9% of float
Market cap市值
$11B
EPS (trailing)每股收益
$3.18
Off 52-week high距52周高点
-13.2%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $2.6B | $2.9B | $3.3B | $3.4B | $3.6B | $3.7B |
| EPS每股收益 | $2.00 | $2.24 | $2.66 | $2.90 | $3.38 | $3.05 |
| Free cash flow自由现金流 | $263M | $343M | $167M | $426M | $407M | $340M |
| Gross margin毛利率 | 33.8% | 34.0% | 32.3% | 33.8% | 35.5% | 34.8% |
| Net margin净利率 | 10.0% | 10.1% | 10.1% | 10.5% | 11.5% | 9.9% |
| FCF margin自由现金流利润率 | 10.2% | 12.0% | 5.1% | 12.4% | 11.3% | 9.2% |
Latest fiscal year最近财年
Gross profit毛利润
$1.3B
Net income净利润
$367M
Operating cash flow经营现金流
$419M
Total assets总资产
$3.1B
Shareholder equity股东权益
$1.6B
Dividends paid股息支出
$132M
Buybacks股票回购
$332M
Shares outstanding总股本
0.12B
Returns & growth回报与增长
Return on equity股本回报率
23.3%
Return on assets资产回报率
12.0%
Profit growth利润增速
-11.4%
Asset growth资产增速
+3.3%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 6 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 6 个财年间走高——盈利的现金支撑减弱
- Working capital: working capital roughly in line with sales营运资本：营运资本与销售大致同步
- Pricing power: strong gross profitability vs peers定价能力：毛利能力强于同业
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: Altman Z 7.65 — safe zone资产负债表：Altman Z 7.65——安全区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
58
RSI (2-day)RSI（2日）
10
vs 20-day average相对20日均线
+1.4%
vs 50-day average相对50日均线
+6.3%
vs 200-day average相对200日均线
+5.5%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down — fresh downturn动能向下——刚刚转弱
3-day3日线
momentum up动能向上
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
70/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Apr 2026 | $1.06 | $1.05 | +0.9% |
| Jan 2026 | $0.83 | $0.90 | -7.8% |
| Oct 2025 | $0.94 | $0.93 | +1.1% |
| Jul 2025 | $1.03 | $1.02 | +1.0% |
Estimate revisions预期修正
Analysts covering覆盖分析师
4
Estimate direction预期调整方向
mixed分歧
Estimate change, 90 days预期变化（90天）
+1.0%
Net upgrades, 30 days净上调（30天）
+2
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$3.5M
Insider buyers vs sellers内部人买家vs卖家
0 : 2
Short interest空头占流通盘
2.9%
Days to cover回补天数
4.7
Short interest change空头变化
-19.3%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Jul · 100%
Weakest month最弱月份
Feb · 33%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 67% | +5.7% | 3 |
| Feb2月 | 33% | -2.5% | 3 |
| Mar3月 | 33% | -2.8% | 3 |
| Apr4月 | 33% | -1.1% | 3 |
| May5月 | 67% | +2.2% | 3 |
| Jun6月 | 67% | +0.2% | 3 |
| Jul7月 | 100% | +4.6% | 4 |
| Aug8月 | 75% | +2.2% | 4 |
| Sep9月 | 67% | +1.4% | 3 |
| Oct10月 | 33% | -0.7% | 3 |
| Nov11月 | 100% | +6.6% | 3 |
| Dec12月 | 33% | -0.7% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。