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

Gallagher Fiduciary Advisors LLC purchased a new stake in shares of Dana Incorporated (NYSE:DAN) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 20,698 shares of the auto parts company’s stock, valued at approximately $563,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DAN. Captrust Financial Advisors bought a new position in Dana in the second quarter worth $176,000. State of Tennessee Department of Treasury boosted its holdings in shares of Dana by 10.7% during 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. Russell Investments Group Ltd. boosted its holdings 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 valued at $18,597,000 after buying an additional 27,712 shares in the last quarter. Entropy Technologies LP grew its position in shares of Dana by 266.2% in the 3rd quarter. Entropy Technologies LP now owns 37,303 shares of the auto parts company’s stock worth $748,000 after buying an additional 27,116 shares during the period. Finally, Horizon Investments LLC purchased a new stake in shares of Dana in the 3rd quarter worth about $553,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on DAN. Zacks Research cut shares of Dana from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. UBS Group cut their price objective on shares of Dana from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Royal Bank Of Canada raised their target price on shares of Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Wells Fargo & Company lowered 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. Finally, Weiss Ratings cut Dana from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dana has a consensus rating of “Hold” and an average price target of $37.00.

Dana Price Performance

Shares of NYSE:DAN opened at $30.20 on Wednesday. The business has a fifty day moving average price of $28.07 and a 200-day moving average price of $32.07. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. The company has a market capitalization of $3.25 billion, a PE ratio of 3.01 and a beta of 1.99. Dana Incorporated has a 1-year low of $17.74 and a 1-year high of $39.56.

Dana (NYSE:DAN) last announced its quarterly earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share (EPS) 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 firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the previous year, the firm 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, equities analysts expect that Dana Incorporated will post 1.93 EPS for the current fiscal year.

Dana Announces Dividend

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

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.