Dana (NYSE:DAN) Updates FY 2026 Earnings Guidance

Dana (NYSE:DAN) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.750-2.250 for the period, compared to the consensus EPS estimate of 2.450. The company issued revenue guidance of $7.7 billion-$7.9 billion, compared to the consensus revenue estimate of $7.7 billion.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Zacks Research cut Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. JPMorgan Chase & Co. lifted their price target on shares of Dana from $39.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Wall Street Zen cut shares of Dana from a “buy” rating to a “hold” rating in a research note on Sunday, April 19th. UBS Group dropped their price objective on Dana from $42.00 to $39.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, Wells Fargo & Company cut their target price on Dana from $36.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Friday, June 12th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Dana has a consensus rating of “Hold” and a consensus price target of $37.00.

Dana Stock Down 2.6%

Shares of NYSE:DAN traded down $0.71 during midday trading on Thursday, hitting $27.30. 2,228,533 shares of the company’s stock traded hands, compared to its average volume of 1,492,261. The firm’s fifty day moving average price is $29.06 and its two-hundred day moving average price is $31.99. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.09 and a current ratio of 1.57. Dana has a twelve month low of $17.37 and a twelve month high of $39.56. The company has a market cap of $2.96 billion, a PE ratio of 2.65 and a beta of 1.99.

Dana (NYSE:DAN) last announced its quarterly earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.51). The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.93 billion. Dana had a net margin of 15.12% and a return on equity of 3.56%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 earnings per share. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. On average, equities research analysts anticipate that Dana will post 2.07 EPS for the current fiscal year.

Dana Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, August 7th. Dana’s dividend payout ratio (DPR) is presently 4.66%.

Hedge Funds Weigh In On Dana

A number of institutional investors and hedge funds have recently bought and sold shares of DAN. Captrust Financial Advisors purchased a new stake in Dana during the 2nd quarter worth $176,000. Horizon Investments LLC purchased a new position in Dana in the 3rd quarter valued at about $553,000. Entropy Technologies LP grew its stake in shares of Dana by 266.2% during the third quarter. Entropy Technologies LP now owns 37,303 shares of the auto parts company’s stock valued at $748,000 after acquiring an additional 27,116 shares in the last quarter. State of Tennessee Department of Treasury grew its stake in shares of Dana by 10.7% during the second quarter. State of Tennessee Department of Treasury now owns 55,842 shares of the auto parts company’s stock valued at $958,000 after acquiring an additional 5,405 shares in the last quarter. Finally, Tudor Investment Corp ET AL grew its stake in shares of Dana by 28.4% during the fourth quarter. Tudor Investment Corp ET AL now owns 273,631 shares of the auto parts company’s stock valued at $6,501,000 after acquiring an additional 60,487 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

About Dana

Dana Incorporated is a global leader in the design and manufacture of drivetrain, sealing, and thermal-management technologies for the automotive, commercial vehicle, off-highway and industrial markets. The company’s product portfolio includes axles, driveshafts, transmissions, e-Propulsion systems and thermal-management assemblies that help improve fuel efficiency, reduce emissions and enhance vehicle performance. Dana’s expertise spans internal combustion and electrified powertrains, positioning it to support both traditional and next-generation mobility solutions.

Founded in 1904 by Clarence W.