939,772 Shares in Dana Incorporated $DAN Bought by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon bought 939,772 Dana shares worth approximately $25.6 million, gaining an estimated 0.87% stake. Institutional investors and hedge funds collectively own 96.79% of the company.
• Dana reported quarterly EPS of $0.19, missing the $0.70 consensus estimate by $0.51, although revenue rose 3.9% year over year to $2.01 billion. The company maintained fiscal 2026 EPS guidance of $1.75 to $2.25.
• Dana declared a quarterly dividend of $0.12, equivalent to an annualized $0.48 payout and a 1.6% yield. Analysts’ consensus rating remains Hold, with an average price target of $37 versus a recent share price of $30.33.

Bank of New York Mellon Corp purchased a new stake in Dana Incorporated (NYSE:DAN - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 939,772 shares of the auto parts company's stock, valued at approximately $25,571,000. Bank of New York Mellon Corp owned approximately 0.87% of Dana as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DAN. Loomis Sayles & Co. L P boosted its position in shares of Dana by 61.2% during 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 acquiring an additional 604,246 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Dana by 3.1% during the third quarter. Russell Investments Group Ltd. now owns 927,987 shares of the auto parts company's stock worth $18,597,000 after purchasing an additional 27,712 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Dana by 1,341.4% in the 1st quarter. SG Americas Securities LLC now owns 690,454 shares of the auto parts company's stock valued at $23,234,000 after purchasing an additional 642,552 shares in the last quarter. Tudor Investment Corp ET AL boosted its holdings 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 in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Dana by 44.3% in the 1st quarter. Bessemer Group Inc. now owns 208,088 shares of the auto parts company's stock valued at $7,002,000 after purchasing an additional 63,879 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Dana Trading Up 0.9%

NYSE DAN opened at $30.33 on Friday. The firm has a market capitalization of $3.26 billion, a PE ratio of 3.02 and a beta of 1.99. The business's 50-day moving average price is $28.15 and its two-hundred day moving average price is $32.04. The company has a current ratio of 1.49, a quick ratio of 1.03 and a debt-to-equity ratio of 0.66. Dana Incorporated has a 12 month low of $17.74 and a 12 month high of $39.56.

Dana (NYSE:DAN - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%.Dana's revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 earnings per share. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. On average, analysts expect that Dana Incorporated will post 1.93 EPS for the current year.

Dana Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were given a $0.12 dividend. The ex-dividend date was Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. Dana's payout ratio is 4.78%.

Analyst Ratings Changes

DAN has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price objective on Dana from $33.00 to $28.00 and set an "equal weight" rating for the company in a research report on Friday, August 7th. Weiss Ratings cut Dana from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft lowered their target price on Dana from $40.00 to $39.00 and set a "buy" rating for the company in a research note on Tuesday, July 7th. Barclays raised their price target on shares of Dana from $33.00 to $35.00 and gave the company an "equal weight" rating in a research note on Friday, August 14th. Finally, UBS Group decreased their price target 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. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $37.00.

Dana Company Profile

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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