Investors purchased shares of Danaher Corp. (NYSE:DHR) on weakness during trading hours on Tuesday. $29.49 million flowed into the stock on the tick-up and $16.93 million flowed out of the stock on the tick-down, for a money net flow of $12.56 million into the stock. Of all equities tracked, Danaher Corp. had the 27th highest net in-flow for the day. Danaher Corp. traded down ($0.08) for the day and closed at $81.20

Several analysts recently commented on the stock. Goldman Sachs Group Inc. assumed coverage on shares of Danaher Corp. in a research note on Tuesday, July 5th. They set a “neutral” rating and a $74.00 target price for the company. Sanford C. Bernstein raised shares of Danaher Corp. from a “market perform” rating to an “outperform” rating and set a $120.00 target price for the company in a research note on Thursday, June 23rd. JPMorgan Chase & Co. reissued a “buy” rating and set a $105.00 target price on shares of Danaher Corp. in a research note on Thursday, June 30th. Citigroup Inc. increased their target price on shares of Danaher Corp. from $102.00 to $104.00 and gave the company a “neutral” rating in a research note on Monday, June 13th. Finally, Royal Bank Of Canada increased their target price on shares of Danaher Corp. from $96.00 to $99.00 and gave the company a “sector perform” rating in a research note on Friday, May 27th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $96.86.

The firm has a market cap of $56.07 billion and a P/E ratio of 16.15. The company has a 50-day moving average of $79.57 and a 200 day moving average of $73.02.

Danaher Corp. (NYSE:DHR) last issued its earnings results on Monday, July 25th. The company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.03. During the same period last year, the business posted $1.08 EPS. The business earned $5.80 billion during the quarter, compared to the consensus estimate of $5.76 billion. The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities research analysts forecast that Danaher Corp. will post $3.56 earnings per share for the current year.

In related news, CFO Daniel L. Comas sold 96,446 shares of Danaher Corp. stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $80.88, for a total transaction of $7,800,552.48. Following the transaction, the chief financial officer now owns 215,716 shares of the company’s stock, valued at approximately $17,447,110.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Angela S. Lalor sold 8,392 shares of Danaher Corp. stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $97.77, for a total transaction of $820,485.84. Following the transaction, the senior vice president now directly owns 48,110 shares in the company, valued at approximately $4,703,714.70. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. Genesee Valley Trust Co. raised its position in Danaher Corp. by 39.7% in the fourth quarter. Genesee Valley Trust Co. now owns 11,978 shares of the company’s stock valued at $1,113,000 after buying an additional 3,402 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in Danaher Corp. by 4.0% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 12,035 shares of the company’s stock valued at $1,118,000 after buying an additional 460 shares during the last quarter. Bronfman E.L. Rothschild L.P. purchased a new position in Danaher Corp. during the fourth quarter valued at $1,189,000. Cambridge Investment Research Advisors Inc. raised its position in Danaher Corp. by 5.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 12,859 shares of the company’s stock valued at $1,194,000 after buying an additional 712 shares during the last quarter. Finally, Argent Trust Co raised its position in Danaher Corp. by 10.7% in the third quarter. Argent Trust Co now owns 17,991 shares of the company’s stock valued at $1,533,000 after buying an additional 1,732 shares during the last quarter.

Danaher Corporation designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. Its Test & Measurement segment offers products, software and services.

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