Dana (NYSE:DAN – Get Free Report) 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.
Wall Street Analyst Weigh In
Several research firms have weighed in on DAN. Royal Bank Of Canada restated an “outperform” rating on shares of Dana in a research note on Friday. Zacks Research downgraded shares of Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. UBS Group dropped their price objective on shares of Dana from $42.00 to $39.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Wall Street Zen lowered Dana from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Finally, Weiss Ratings downgraded Dana from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, July 6th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $37.00.
View Our Latest Stock Report on DAN
Dana Trading Up 3.0%
Dana (NYSE:DAN – Get Free Report) 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). The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Dana had a net margin of 15.12% and a return on equity of 3.56%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, equities analysts forecast that Dana will post 2.07 earnings per share for the current year.
Dana Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, August 7th. Dana’s dividend payout ratio is 4.66%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. State of Tennessee Department of Treasury grew its holdings in Dana by 10.7% in the 2nd quarter. State of Tennessee Department of Treasury now owns 55,842 shares of the auto parts company’s stock valued at $958,000 after buying an additional 5,405 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of Dana in the 2nd quarter valued at $176,000. Entropy Technologies LP grew its holdings in shares of Dana by 266.2% during the 3rd quarter. Entropy Technologies LP now owns 37,303 shares of the auto parts company’s stock worth $748,000 after purchasing an additional 27,116 shares during the period. Horizon Investments LLC acquired a new stake in shares of Dana during the 3rd quarter worth about $553,000. Finally, Russell Investments Group Ltd. increased its position in shares of Dana by 3.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 927,987 shares of the auto parts company’s stock worth $18,597,000 after purchasing an additional 27,712 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.
Dana Company 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.
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