Nykredit A S Makes New $84.70 Million Investment in Dana Incorporated $DAN

Key Points

• Nykredit A S purchased 3.11 million Dana shares worth approximately $84.7 million, giving it a 2.89% stake. Institutional investors collectively own 96.79% of the company.
• Analyst sentiment remains mixed, with four Buy, three Hold and one Sell rating. The consensus rating is Hold, with an average price target of $37 versus Dana’s reported share price of $30.71.
• Dana’s latest quarterly earnings missed expectations, reporting $0.19 per share versus the $0.70 consensus, although revenue rose 3.9% year over year to $2.01 billion. The company maintains a $0.12 quarterly dividend, representing a 1.6% annualized yield.

Nykredit A S purchased a new stake in shares of Dana Incorporated (NYSE:DAN - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,112,827 shares of the auto parts company's stock, valued at approximately $84,700,000. Nykredit A S owned 2.89% of Dana as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. BlackRock Inc. bought a new stake in Dana during the 2nd quarter valued at approximately $496,741,000. Bessemer Group Inc. boosted its stake in Dana by 44.3% in the 1st quarter. Bessemer Group Inc. now owns 208,088 shares of the auto parts company's stock worth $7,002,000 after purchasing an additional 63,879 shares during the period. Deutsche Bank AG bought a new position in Dana in the 2nd quarter worth approximately $3,768,000. Hsbc Holdings PLC purchased a new stake in Dana during the 2nd quarter valued at approximately $3,223,000. Finally, JB Capital Partners LP bought a new stake in shares of Dana during the second quarter valued at approximately $50,400,893. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DAN has been the topic of several research analyst reports. 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. 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. Deutsche Bank Aktiengesellschaft reduced their target price on Dana from $40.00 to $39.00 and set a "buy" rating on the stock in a report on Tuesday, July 7th. UBS Group decreased their target price on Dana from $39.00 to $38.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Finally, Royal Bank Of Canada increased their price target on Dana from $33.00 to $37.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $37.00.

Dana Price Performance

DAN stock opened at $30.71 on Thursday. Dana Incorporated has a 52 week low of $17.74 and a 52 week high of $39.56. The firm has a market capitalization of $3.30 billion, a P/E ratio of 3.06 and a beta of 2.01. The company has a fifty day simple moving average of $28.21 and a two-hundred day simple moving average of $31.98. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.66.

Dana (NYSE:DAN - Get Free Report) last posted its 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 during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the firm earned $0.13 earnings per share. The business'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. Analysts anticipate that Dana Incorporated will post 1.93 earnings per share for the current fiscal year.

Dana Dividend Announcement

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