Dana Incorporated (NYSE:DAN) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst consensus: Nine analysts rate Dana an average "Moderate Buy" (5 Buy, 3 Hold, 1 Strong Buy) with an average 1‑year price objective of $35.17 and recent price‑target upgrades to $40 by UBS and RBC.
• Strong institutional interest: Hedge funds and other institutional investors own 96.79% of the company, with large recent stake increases from Tudor (+28.4%) and Loomis Sayles (+61.2%).
• Dividend and financials: Dana raised its quarterly dividend to $0.12 (annualized $0.48, 1.5% yield) and trades near $32.71 with a $3.58B market cap, a PE of ~57.4 and a debt/equity ratio of 2.85.

Shares of Dana Incorporated (NYSE:DAN - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $35.1667.

A number of equities research analysts recently commented on DAN shares. Weiss Ratings raised shares of Dana from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday. Wall Street Zen lowered shares of Dana from a "buy" rating to a "hold" rating in a report on Sunday. UBS Group upped their price target on Dana from $35.00 to $40.00 and gave the stock a "buy" rating in a research report on Thursday, February 19th. Wells Fargo & Company increased their price objective on Dana from $30.00 to $35.00 and gave the company an "equal weight" rating in a report on Thursday, February 19th. Finally, Royal Bank Of Canada raised their price objective on Dana from $32.00 to $40.00 and gave the stock an "outperform" rating in a research report on Thursday, February 19th.

Institutional Investors Weigh In On Dana

A number of large investors have recently modified their holdings of DAN. Tudor Investment Corp ET AL raised its position in shares of Dana by 28.4% in the 4th quarter. Tudor Investment Corp ET AL now owns 273,631 shares of the auto parts company's stock valued at $6,501,000 after purchasing an additional 60,487 shares during the last quarter. Loomis Sayles & Co. L P boosted its stake in Dana by 61.2% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,591,768 shares of the auto parts company's stock worth $37,820,000 after purchasing an additional 604,246 shares in the last quarter. Catalyst Funds Management Pty Ltd purchased a new stake in Dana during the 4th quarter worth approximately $309,000. EverSource Wealth Advisors LLC increased its stake in Dana by 39.2% during 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 in the last quarter. Finally, SG Americas Securities LLC increased its stake in Dana by 96.7% during the 4th quarter. SG Americas Securities LLC now owns 47,902 shares of the auto parts company's stock valued at $1,138,000 after purchasing an additional 23,549 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company's stock.

Dana Stock Performance

Shares of Dana stock opened at $32.71 on Tuesday. The company has a market capitalization of $3.58 billion, a PE ratio of 57.38 and a beta of 2.08. The company has a 50-day simple moving average of $31.74 and a two-hundred day simple moving average of $25.08. Dana has a one year low of $10.11 and a one year high of $36.28. The company has a debt-to-equity ratio of 2.85, a quick ratio of 0.86 and a current ratio of 1.17.

Dana Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. This is a boost from Dana's previous quarterly dividend of $0.10. The ex-dividend date was Friday, February 27th. Dana's dividend payout ratio (DPR) is 84.21%.

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.

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