Alberta Investment Management Corp Acquires Shares of 170,800 Dana Incorporated $DAN

Key Points

• Alberta Investment Management Corp acquired 170,800 shares of Dana, valued at approximately $4.65 million, giving it a 0.16% stake. Institutional investors collectively own 96.79% of the company.
• Dana reported quarterly revenue of $2.01 billion, up 3.9% year over year and above estimates, but earnings per share of $0.19 fell well short of the $0.70 consensus forecast. The company set fiscal 2026 EPS guidance at $1.75–$2.25.
• Dana declared a quarterly dividend of $0.12, equivalent to $0.48 annually and a 1.5% yield. Analysts have a consensus “Hold” rating and a $37 average price target, despite several Buy and Overweight ratings.

Alberta Investment Management Corp bought a new stake in Dana Incorporated (NYSE:DAN - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 170,800 shares of the auto parts company's stock, valued at approximately $4,647,000. Alberta Investment Management Corp owned approximately 0.16% of Dana as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DAN. EverSource Wealth Advisors LLC increased its holdings in shares of Dana by 39.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company's stock worth $38,000 after buying an additional 445 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Dana by 105.2% in the 1st quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company's stock worth $65,000 after acquiring an additional 987 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of Dana in the 2nd quarter worth approximately $176,000. GSA Capital Partners LLP bought a new stake in Dana during the 2nd quarter worth approximately $252,000. Finally, Catalyst Funds Management Pty Ltd bought a new stake in Dana during the 4th quarter worth approximately $309,000. Institutional investors own 96.79% of the company's stock.

Dana Price Performance

Dana stock opened at $31.39 on Tuesday. The business's 50-day simple moving average is $28.23 and its 200 day simple moving average is $32.01. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.66. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 3.12 and a beta of 1.99. 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 posted its quarterly 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 for the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the firm earned $0.13 earnings per share. The company's quarterly revenue 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, research analysts anticipate that Dana Incorporated will post 1.93 earnings per share for the current year.

Dana Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, August 7th. Dana's dividend payout ratio is currently 4.78%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Royal Bank Of Canada lifted their price target on Dana from $33.00 to $37.00 and gave the company an "outperform" rating in a report on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of Dana from $39.00 to $45.00 and gave the stock an "overweight" rating in a report on Thursday, April 23rd. Zacks Research cut shares of Dana from a "hold" rating to a "strong sell" rating in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Dana from $40.00 to $39.00 and set a "buy" rating for the company in a research report on Tuesday, July 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 assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dana presently has an average rating of "Hold" and a consensus target price of $37.00.

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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