Danaher Corp. (NYSE:DHR) shares saw unusually-high trading volume on Wednesday . Approximately 4,355,571 shares were traded during trading, an increase of 8% from the previous session’s volume of 4,018,425 shares.The stock last traded at $80.23 and had previously closed at $80.40.

DHR has been the subject of several recent analyst reports. Vetr cut shares of Danaher Corp. from a “buy” rating to a “hold” rating and set a $90.54 price objective for the company. in a research report on Monday, March 14th. Goldman Sachs Group Inc. raised their price objective on shares of Danaher Corp. to $98.00 in a research report on Wednesday, March 23rd. Sanford C. Bernstein cut shares of Danaher Corp. from an “outperform” rating to a “market perform” rating and raised their price objective for the stock from $104.00 to $105.00 in a research report on Monday, April 4th. Zacks Investment Research upgraded shares of Danaher Corp. from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research report on Monday, April 11th. Finally, Deutsche Bank AG restated a “hold” rating and set a $83.00 price objective on shares of Danaher Corp. in a research report on Sunday, April 17th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $100.38.

The firm has a 50 day moving average price of $97.97 and a 200-day moving average price of $93.00. The company has a market cap of $55.52 billion and a P/E ratio of 15.98.

Danaher Corp. (NYSE:DHR) last released its earnings results on Thursday, April 21st. The company reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.05. During the same quarter last year, the company posted $0.93 earnings per share. The business had revenue of $5.39 billion for the quarter, compared to analysts’ expectations of $5.33 billion. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. Equities analysts expect that Danaher Corp. will post $4.75 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 29th. Stockholders of record on Friday, June 3rd will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Wednesday, June 1st.

In related news, SVP William King sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, April 22nd. The stock was sold at an average price of $96.31, for a total transaction of $577,860.00. Following the sale, the senior vice president now directly owns 17,386 shares of the company’s stock, valued at approximately $1,674,445.66. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Angela S. Lalor sold 8,392 shares of the company’s stock in a transaction that occurred on Thursday, May 12th. The shares were sold at an average price of $97.77, for a total value of $820,485.84. Following the sale, the senior vice president now directly owns 48,110 shares in the company, valued at $4,703,714.70. The disclosure for this sale can be found here.

Other large investors have recently bought and sold shares of the company. Jennison Associates purchased a new stake in Danaher Corp. during the third quarter valued at about $2,880,000. Flossbach Von Storch AG raised its stake in shares of Danaher Corp. by 6.6% in the fourth quarter. Flossbach Von Storch AG now owns 1,773,297 shares of the company’s stock valued at $164,704,000 after buying an additional 110,090 shares in the last quarter. World Asset Management Inc raised its stake in shares of Danaher Corp. by 3.7% in the fourth quarter. World Asset Management Inc now owns 64,350 shares of the company’s stock valued at $5,977,000 after buying an additional 2,314 shares in the last quarter. State Treasurer State of Michigan raised its stake in shares of Danaher Corp. by 34.1% in the fourth quarter. State Treasurer State of Michigan now owns 484,191 shares of the company’s stock valued at $44,972,000 after buying an additional 123,000 shares in the last quarter. Finally, Oak Ridge Investments LLC raised its stake in shares of Danaher Corp. by 0.7% in the fourth quarter. Oak Ridge Investments LLC now owns 275,404 shares of the company’s stock valued at $25,580,000 after buying an additional 1,864 shares in the last quarter.

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. The Test & Measurement segment offers test, measurement and monitoring products.

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