State of Wyoming Takes $502,000 Position in Dana Incorporated $DAN

Posted by Brian Himes on Aug 18th, 2026

State of Wyoming acquired a new stake in shares of Dana Incorporated (NYSE:DAN – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor acquired 18,441 shares of the auto parts company’s stock, valued at approximately $502,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in Dana by 39.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 445 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Dana by 105.2% during the 1st quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 987 shares during the last quarter. State of Tennessee Department of Treasury grew its holdings 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 worth $958,000 after buying an additional 5,405 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Dana during the second quarter worth about $252,000. Finally, Captrust Financial Advisors acquired a new position in shares of Dana in the second quarter valued at approximately $176,000. Hedge funds and other institutional investors own 96.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on DAN shares. Wells Fargo & Company reduced their price objective on shares of Dana from $33.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Friday, August 7th. Royal Bank Of Canada boosted their price target on Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, August 7th. JPMorgan Chase & Co. increased their price target on Dana from $39.00 to $45.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft decreased their price objective on Dana from $40.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Finally, UBS Group lowered their price objective on Dana from $39.00 to $38.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $37.00.

Check Out Our Latest Report on Dana

Dana Stock Performance

NYSE:DAN opened at $31.39 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.66. The company has a market cap of $3.38 billion, a P/E ratio of 3.12 and a beta of 1.99. Dana Incorporated has a fifty-two week low of $17.74 and a fifty-two week high of $39.56. The firm’s 50 day moving average is $28.23 and its two-hundred day moving average is $32.01.

Dana (NYSE:DAN – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates 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 14.55% and a return on equity of 4.07%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Analysts expect that Dana Incorporated will post 1.93 EPS for the current year.

Dana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 7th. Dana’s payout ratio is 4.78%.

About Dana

(Free Report)

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.