Gallagher Fiduciary Advisors LLC Takes $563,000 Position in Dana Incorporated $DAN

Gallagher Fiduciary Advisors LLC acquired a new position in Dana Incorporated (NYSE:DAN) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 20,698 shares of the auto parts company’s stock, valued at approximately $563,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Man Group plc bought a new position in Dana during the 2nd quarter worth approximately $697,000. Jupiter Topco LLC bought a new stake in Dana in the second quarter valued at approximately $1,336,000. Hsbc Holdings PLC bought a new stake in Dana in the second quarter valued at approximately $3,223,000. PDT Partners LLC purchased a new stake in shares of Dana during the second quarter valued at approximately $10,523,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Dana during the second quarter valued at approximately $460,000. Institutional investors own 96.79% of the company’s stock.

Dana Price Performance

Shares of Dana stock opened at $30.20 on Wednesday. The business has a 50 day moving average of $28.07 and a 200 day moving average of $32.07. Dana Incorporated has a 52 week low of $17.74 and a 52 week high of $39.56. The company has a market cap of $3.25 billion, a PE ratio of 3.01 and a beta of 1.99. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.66.

Dana (NYSE:DAN) last released its quarterly earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.51). Dana had a net margin of 14.55% and a return on equity of 4.07%. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the firm earned $0.13 EPS. The business’s revenue was up 3.9% on a year-over-year basis. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, equities research analysts forecast that Dana Incorporated will post 1.93 earnings per share for the current year.

Dana Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, August 7th. This represents a $0.48 annualized dividend and a dividend yield of 1.6%. Dana’s payout ratio is currently 4.78%.

Analyst Ratings Changes

DAN has been the topic of several analyst reports. Royal Bank Of Canada lifted their target price on shares of Dana from $33.00 to $37.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Zacks Research lowered shares of Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Dana from $40.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Barclays upped their price objective on shares of Dana from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, August 14th. Finally, Wells Fargo & Company dropped their target price on shares of Dana from $33.00 to $28.00 and set an “equal weight” rating for the company in a report on Friday, August 7th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $37.00.

Dana Profile

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.