Danaher Co. (NYSE:DHR) insider Thomas Patrick Joyce, Jr. sold 5,212 shares of Danaher stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $103.89, for a total value of $541,474.68. Following the completion of the transaction, the insider now owns 151,829 shares in the company, valued at approximately $15,773,514.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of NYSE DHR traded down $0.36 during trading hours on Friday, hitting $104.39. The company’s stock had a trading volume of 2,608,564 shares, compared to its average volume of 3,078,206. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.53 and a quick ratio of 1.08. The stock has a market capitalization of $72.94 billion, a PE ratio of 25.90, a PEG ratio of 2.00 and a beta of 1.04. Danaher Co. has a 12 month low of $91.65 and a 12 month high of $110.13.

Danaher (NYSE:DHR) last posted its earnings results on Thursday, October 18th. The conglomerate reported $1.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.03. The company had revenue of $4.85 billion for the quarter, compared to analysts’ expectations of $4.80 billion. Danaher had a return on equity of 11.59% and a net margin of 14.07%. Danaher’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $1.00 earnings per share. As a group, equities research analysts anticipate that Danaher Co. will post 4.51 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 26th. Shareholders of record on Friday, September 28th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.64 annualized dividend and a yield of 0.61%. Danaher’s payout ratio is 15.88%.

A number of institutional investors have recently bought and sold shares of DHR. Mitchell Capital Management Co. lifted its holdings in shares of Danaher by 31.6% during the second quarter. Mitchell Capital Management Co. now owns 7,962 shares of the conglomerate’s stock valued at $786,000 after purchasing an additional 1,914 shares during the last quarter. Private Wealth Partners LLC lifted its holdings in shares of Danaher by 14.3% during the second quarter. Private Wealth Partners LLC now owns 95,800 shares of the conglomerate’s stock valued at $9,454,000 after purchasing an additional 11,961 shares during the last quarter. Centaurus Financial Inc. lifted its holdings in shares of Danaher by 20.3% during the second quarter. Centaurus Financial Inc. now owns 3,026 shares of the conglomerate’s stock valued at $299,000 after purchasing an additional 510 shares during the last quarter. Bainco International Investors lifted its holdings in shares of Danaher by 2.6% during the third quarter. Bainco International Investors now owns 66,878 shares of the conglomerate’s stock valued at $7,267,000 after purchasing an additional 1,725 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in shares of Danaher by 12.5% during the second quarter. CIBC Asset Management Inc now owns 68,204 shares of the conglomerate’s stock valued at $6,730,000 after purchasing an additional 7,565 shares during the last quarter. 76.80% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently issued reports on DHR. Zacks Investment Research raised Danaher from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research note on Wednesday, September 19th. Morgan Stanley raised their target price on Danaher from $120.00 to $122.00 and gave the stock an “overweight” rating in a research note on Friday, July 20th. Royal Bank of Canada raised their target price on Danaher to $107.00 and gave the stock a “positive” rating in a research note on Thursday, July 19th. They noted that the move was a valuation call. Robert W. Baird cut their target price on Danaher from $116.00 to $114.00 and set an “outperform” rating on the stock in a research note on Friday, October 19th. Finally, Bank of America set a $113.00 target price on Danaher and gave the stock a “buy” rating in a research note on Thursday, July 19th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $112.14.

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About Danaher

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company's Life Sciences segment provides laser scanning, compound, surgical, and other stereo microscopes. This segment also offers filtration, separation, and purification technologies to the biopharmaceutical, food and beverage, medical, aerospace, microelectronics, and general industrial sectors.

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Insider Buying and Selling by Quarter for Danaher (NYSE:DHR)

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