NFJ Investment Group LLC Invests $3.15 Million in Dana Incorporated $DAN

Key Points

• NFJ Investment Group acquired 115,653 Dana shares worth approximately $3.15 million, giving it a 0.11% stake. Institutional investors collectively own 96.79% of the company.
• Dana reported quarterly EPS of $0.19, missing the $0.70 consensus estimate, although revenue rose 3.9% year over year to $2.01 billion and exceeded expectations.
• The company declared a quarterly dividend of $0.12 per share, equivalent to $0.48 annually and a 1.6% yield. Analysts maintain a consensus “Hold” rating with a $37 average price target.

NFJ Investment Group LLC bought a new position in shares of Dana Incorporated (NYSE:DAN - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 115,653 shares of the auto parts company's stock, valued at approximately $3,147,000. NFJ Investment Group LLC owned approximately 0.11% of Dana at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its holdings in Dana by 39.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company's stock worth $38,000 after purchasing an additional 445 shares in the last quarter. Parallel Advisors LLC grew its holdings in Dana by 105.2% during the 1st quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company's stock valued at $65,000 after buying an additional 987 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in Dana during the 2nd quarter valued at approximately $45,000. State of Tennessee Department of Treasury grew its holdings in Dana by 10.7% during the 2nd quarter. State of Tennessee Department of Treasury now owns 55,842 shares of the auto parts company's stock valued at $958,000 after buying an additional 5,405 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of Dana during the second quarter valued at approximately $252,000. Institutional investors own 96.79% of the company's stock.

Dana Stock Down 0.3%

NYSE DAN opened at $30.74 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.03 and a current ratio of 1.49. The company has a market capitalization of $3.31 billion, a P/E ratio of 3.06 and a beta of 1.99. Dana Incorporated has a one year low of $17.74 and a one year high of $39.56. The stock has a 50 day moving average price of $28.03 and a 200-day moving average price of $32.05.

Dana (NYSE:DAN - Get Free Report) last announced its quarterly 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 business had revenue of $2.01 billion during 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%.The company's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, equities analysts predict that Dana Incorporated will post 1.93 EPS for the current fiscal year.

Dana Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a $0.12 dividend. 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 payout ratio is 4.78%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Barclays boosted their target price on shares of Dana from $33.00 to $35.00 and gave the stock an "equal weight" rating in a report on Friday, August 14th. UBS Group reduced 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. Zacks Research cut shares of Dana from a "hold" rating to a "strong sell" rating in a research note on Tuesday, June 16th. Wells Fargo & Company dropped their price objective 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. Finally, Royal Bank Of Canada raised their price objective on Dana from $33.00 to $37.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dana has a consensus rating of "Hold" and a consensus 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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