Robotti Robert Takes Position in Dana Incorporated $DAN

Robotti Robert acquired a new position in shares of Dana Incorporated (NYSE:DAN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 151,158 shares of the auto parts company’s stock, valued at approximately $4,113,000. Robotti Robert owned 0.14% of Dana as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of DAN. Bessemer Group Inc. lifted its holdings in Dana by 44.3% in the first quarter. Bessemer Group Inc. now owns 208,088 shares of the auto parts company’s stock valued at $7,002,000 after buying an additional 63,879 shares during the period. Alberta Investment Management Corp acquired a new stake in Dana during the 2nd quarter worth about $4,647,000. SG Americas Securities LLC grew its holdings in Dana by 1,341.4% during the 1st quarter. SG Americas Securities LLC now owns 690,454 shares of the auto parts company’s stock worth $23,234,000 after acquiring an additional 642,552 shares during the period. State of Wyoming bought a new position in shares of Dana in the 2nd quarter worth about $502,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of 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 acquiring an additional 445 shares in the last quarter. Institutional investors own 96.79% of the company’s stock.

Dana Price Performance

DAN stock opened at $30.76 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. The company’s 50-day moving average is $28.12 and its 200-day moving average is $32.03. The stock has a market capitalization of $3.31 billion, a PE ratio of 3.06 and a beta of 1.99. Dana Incorporated has a 1 year low of $17.74 and a 1 year high of $39.56.

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

Dana Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, August 7th. Dana’s dividend payout ratio is presently 4.78%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on DAN shares. Zacks Research lowered Dana from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. Wells Fargo & Company lowered their target price on Dana from $33.00 to $28.00 and set an “equal weight” rating for the company in a report on Friday, August 7th. Barclays boosted their price target on Dana from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings cut Dana from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Royal Bank Of Canada raised their price objective on shares of Dana from $33.00 to $37.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average 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.