NFJ Investment Group LLC Takes $3.15 Million Position in Dana Incorporated $DAN

NFJ Investment Group LLC bought a new position in Dana Incorporated (NYSE:DANFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 115,653 shares of the auto parts company’s stock, valued at approximately $3,147,000.

Several other large investors have also recently modified their holdings of DAN. Great Lakes Advisors LLC purchased a new stake in Dana during the 2nd quarter valued at $5,456,000. Robotti Robert bought a new stake in Dana in the second quarter worth $4,113,000. BlackRock Inc. purchased a new position in Dana during the second quarter worth $496,741,000. Deutsche Bank AG purchased a new position in Dana during the second quarter worth $3,768,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Dana during the second quarter worth $339,000. Institutional investors own 96.79% of the company’s stock.

Dana Price Performance

DAN opened at $30.74 on Friday. The business has a fifty day moving average of $28.03 and a 200 day moving average of $32.05. The stock has a market cap of $3.31 billion, a P/E ratio of 3.06 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 Incorporated has a 52-week low of $17.74 and a 52-week high of $39.56.

Dana (NYSE:DANGet Free Report) last released its 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). Dana had a return on equity of 4.07% and a net margin of 14.55%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter in the previous year, the business earned $0.13 EPS. The business’s revenue for the quarter 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, sell-side analysts anticipate that Dana Incorporated will post 1.93 EPS for the current year.

Dana Announces Dividend

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

Wall Street Analyst Weigh In

DAN has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price 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. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dana from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. JPMorgan Chase & Co. upped 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. Royal Bank Of Canada increased their price objective on shares of Dana from $33.00 to $37.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Finally, Weiss Ratings downgraded shares of Dana from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Dana currently has an average rating of “Hold” and a consensus price target of $37.00.

Check Out Our Latest Analysis on Dana

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.

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Institutional Ownership by Quarter for Dana (NYSE:DAN)

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