Steigerwald Gordon & Koch Inc. decreased its holdings in Danaher Co. (NYSE:DHR) by 0.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,659 shares of the conglomerate’s stock after selling 100 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in Danaher were worth $2,463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. CX Institutional grew its position in shares of Danaher by 188.7% during the 1st quarter. CX Institutional now owns 205 shares of the conglomerate’s stock worth $27,000 after buying an additional 134 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of Danaher during the 4th quarter worth $27,000. Hanson McClain Inc. grew its position in shares of Danaher by 852.9% during the 4th quarter. Hanson McClain Inc. now owns 324 shares of the conglomerate’s stock worth $33,000 after buying an additional 290 shares in the last quarter. Executive Wealth Management LLC bought a new position in shares of Danaher during the 4th quarter worth $39,000. Finally, Ruggie Capital Group bought a new position in shares of Danaher during the 4th quarter worth $40,000. Institutional investors and hedge funds own 77.59% of the company’s stock.

In other news, CAO Robert S. Lutz sold 15,000 shares of the business’s stock in a transaction dated Sunday, February 24th. The stock was sold at an average price of $127.00, for a total transaction of $1,905,000.00. Following the sale, the chief accounting officer now owns 22,251 shares in the company, valued at $2,825,877. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rainer Blair sold 37,859 shares of the business’s stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $127.45, for a total value of $4,825,129.55. Following the sale, the insider now owns 32,661 shares in the company, valued at approximately $4,162,644.45. The disclosure for this sale can be found here. Insiders sold 183,150 shares of company stock worth $23,279,637 in the last quarter. 11.40% of the stock is owned by insiders.

A number of equities analysts have recently issued reports on the company. Janney Montgomery Scott increased their price target on Danaher from $136.00 to $174.00 and gave the stock a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. reissued an “overweight” rating and set a $140.00 price target on shares of Danaher in a research report on Monday, March 4th. Needham & Company LLC reissued a “buy” rating and set a $138.00 price target (up previously from $114.00) on shares of Danaher in a research report on Thursday, February 28th. Zacks Investment Research raised Danaher from a “hold” rating to a “buy” rating and set a $147.00 price target on the stock in a research report on Tuesday, April 9th. Finally, Cowen reissued a “buy” rating and set a $110.00 price target on shares of Danaher in a research report on Monday, January 7th. One analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $130.31.

DHR opened at $126.77 on Friday. Danaher Co. has a 1 year low of $94.59 and a 1 year high of $134.50. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.07 and a current ratio of 1.47. The stock has a market capitalization of $90.73 billion, a price-to-earnings ratio of 28.05, a P/E/G ratio of 2.39 and a beta of 1.04.

Danaher (NYSE:DHR) last posted its earnings results on Thursday, April 18th. The conglomerate reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.06. Danaher had a return on equity of 11.64% and a net margin of 13.33%. The company had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the firm earned $0.99 earnings per share. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. Sell-side analysts predict that Danaher Co. will post 4.79 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, March 29th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.54%. The ex-dividend date is Thursday, March 28th. This is a positive change from Danaher’s previous quarterly dividend of $0.16. Danaher’s payout ratio is 15.04%.

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Danaher Company Profile

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company's Life Sciences segment provides mass spectrometers; cellular analysis, lab automation, and centrifugation instruments; microscopes; and genomics consumables.

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Institutional Ownership by Quarter for Danaher (NYSE:DHR)

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