Dana Incorporated (NYSE:DAN – Get Free Report) has been assigned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $37.00.
A number of brokerages have commented on DAN. Wells Fargo & Company cut their price target on shares of Dana from $33.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, August 7th. Royal Bank Of Canada boosted their price objective on Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. UBS Group cut their target price on Dana from $39.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Zacks Research downgraded Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. Finally, Weiss Ratings lowered Dana from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th.
Read Our Latest Analysis on DAN
Dana Stock Up 0.0%
Dana (NYSE:DAN – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The auto parts company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.51). Dana had a net margin of 14.55% and a return on equity of 4.07%. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the prior year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Equities analysts predict that Dana will post 1.93 EPS for the current 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 given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 7th. Dana’s payout ratio is presently 4.78%.
Institutional Investors Weigh In On Dana
Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its stake in Dana by 39.2% in the fourth 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 in the last quarter. Plato Investment Management Ltd bought a new position in shares of Dana during the 2nd quarter worth about $45,000. Pinnacle Holdings LLC bought a new position in shares of Dana during the 2nd quarter worth about $49,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Dana in the 2nd quarter valued at about $49,000. Finally, Parallel Advisors LLC increased its position in Dana by 105.2% in the 1st quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company’s stock valued at $65,000 after buying an additional 987 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Stories
- Five stocks we like better than Dana
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for Dana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dana and related companies with MarketBeat.com's FREE daily email newsletter.
