BlackRock Inc. Takes $496.74 Million Position in Dana Incorporated $DAN

Key Points

• BlackRock acquired an 18.26 million-share stake in Dana during the second quarter, valued at approximately $496.7 million and representing 16.87% of the auto-parts manufacturer. Institutional investors collectively own 96.79% of Dana’s shares.
• Dana reported quarterly revenue of $2.01 billion, up 3.9% year over year and above estimates, but adjusted earnings of $0.19 per share missed consensus by $0.51. The company maintained fiscal 2026 EPS guidance of $1.75–$2.25.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $37, compared with a recent share price of $30.18. Dana also declared a quarterly dividend of $0.12 per share, yielding about 1.6% annually.

BlackRock Inc. acquired a new position in shares of Dana Incorporated (NYSE:DAN - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,255,820 shares of the auto parts company's stock, valued at approximately $496,741,000. BlackRock Inc. owned approximately 16.87% of Dana as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings 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 acquiring an additional 445 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in shares of Dana in the 2nd quarter valued at approximately $45,000. Parallel Advisors LLC raised 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 valued at $65,000 after purchasing an additional 987 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of Dana during the 2nd quarter worth $176,000. Finally, GSA Capital Partners LLP purchased a new stake in Dana during the 2nd quarter worth about $252,000. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Dana Price Performance

NYSE DAN opened at $30.18 on Tuesday. The company's 50 day simple moving average is $28.07 and its 200 day simple moving average is $32.07. Dana Incorporated has a 12 month low of $17.74 and a 12 month high of $39.56. The firm has a market capitalization of $3.25 billion, a PE ratio of 3.00 and a beta of 1.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03.

Dana (NYSE:DAN - Get Free Report) last announced its earnings results on Thursday, August 6th. The auto parts company reported $0.19 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $1.93 billion. During the same quarter in the previous year, the business earned $0.13 earnings per share. The business's quarterly revenue was up 3.9% compared to the same quarter last year. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, equities research analysts forecast that Dana Incorporated will post 1.93 EPS for the current fiscal year.

Dana Announces Dividend

The firm 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 (DPR) is currently 4.78%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DAN shares. Zacks Research lowered Dana from a "hold" rating to a "strong sell" rating in a research report on Tuesday, June 16th. Barclays increased their price objective on Dana from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft decreased their price target on Dana from $40.00 to $39.00 and set a "buy" rating on the stock in a research note on Tuesday, July 7th. UBS Group lowered their target price on Dana from $39.00 to $38.00 and set a "buy" rating on the stock in a report on Friday, August 7th. Finally, Weiss Ratings lowered shares of Dana from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Dana presently has a consensus rating of "Hold" and an average target price of $37.00.

Dana 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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