Jupiter Topco LLC Makes New Investment in Dana Incorporated $DAN

Key Points

• Jupiter Topco LLC acquired 49,110 shares of Dana, valued at approximately $1.34 million, during the second quarter. Institutional investors and hedge funds collectively own 96.79% of Dana’s outstanding stock.
• Analyst sentiment remains mixed, with ratings ranging from “strong sell” to “buy.” Dana has an average “hold” rating and a consensus price target of $37.
• Dana reported quarterly revenue of $2.01 billion, ahead of estimates, but earnings per share of $0.19 significantly missed the $0.70 consensus. The company also maintains a quarterly dividend of $0.12 per share, yielding about 1.5% annually.

Jupiter Topco LLC bought a new position in shares of Dana Incorporated (NYSE:DAN - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 49,110 shares of the auto parts company's stock, valued at approximately $1,336,000.

A number of other hedge funds have also modified their holdings of DAN. BlackRock Inc. acquired a new stake in Dana during the second quarter worth about $496,741,000. Bessemer Group Inc. boosted its position in shares of Dana by 44.3% during the first quarter. Bessemer Group Inc. now owns 208,088 shares of the auto parts company's stock worth $7,002,000 after buying an additional 63,879 shares during the period. Deutsche Bank AG acquired a new position in Dana in the 2nd quarter valued at about $3,768,000. Hsbc Holdings PLC acquired a new position in shares of Dana in the second quarter valued at approximately $3,223,000. Finally, JB Capital Partners LP purchased a new stake in shares of Dana during the second quarter worth $50,400,893. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DAN has been the subject of several research analyst reports. 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. Weiss Ratings lowered Dana from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. UBS Group reduced their target price on Dana from $39.00 to $38.00 and set a "buy" rating for the company in a report on Friday, August 7th. Royal Bank Of Canada raised their price target on Dana from $33.00 to $37.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Finally, Zacks Research lowered Dana from a "hold" rating to a "strong sell" rating in a research report on Tuesday, June 16th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $37.00.

Dana Stock Performance

NYSE:DAN opened at $32.04 on Friday. The firm's fifty day simple moving average is $28.35 and its 200-day simple moving average is $31.97. 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 $3.45 billion, a PE ratio of 3.19 and a beta of 2.01. Dana Incorporated has a fifty-two week low of $17.74 and a fifty-two week high of $39.56.

Dana (NYSE:DAN - Get Free Report) last issued its earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.51). The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%.The company's quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 earnings per share. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Analysts expect that Dana Incorporated will post 1.93 earnings per share for the current fiscal year.

Dana Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, August 7th. Dana's payout ratio is currently 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.

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