Dana (NYSE:DAN) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Dana (NYSE:DAN) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

A number of other brokerages also recently weighed in on DAN. Weiss Ratings upgraded Dana from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, March 19th. UBS Group raised their price objective on Dana from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Royal Bank Of Canada lifted their price objective on shares of Dana from $32.00 to $40.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Wells Fargo & Company boosted their target price on shares of Dana from $30.00 to $35.00 and gave the company an “equal weight” rating in a research note on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $36.00 target price on shares of Dana in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Dana has an average rating of “Moderate Buy” and a consensus price target of $35.17.

Dana Trading Up 2.1%

Shares of NYSE DAN opened at $33.35 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.17 and a debt-to-equity ratio of 2.85. The stock’s 50 day moving average price is $31.86 and its two-hundred day moving average price is $25.17. Dana has a 52-week low of $10.11 and a 52-week high of $36.28. The stock has a market capitalization of $3.65 billion, a P/E ratio of 58.52 and a beta of 2.08.

Dana Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Dana’s previous quarterly dividend of $0.10. Dana’s dividend payout ratio (DPR) is presently 84.21%.

Institutional Investors Weigh In On Dana

Several large investors have recently made changes to their positions in DAN. EverSource Wealth Advisors LLC raised its holdings in shares of Dana by 39.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company’s stock valued at $38,000 after buying an additional 445 shares during the last quarter. GAMMA Investing LLC grew its holdings in Dana by 11.3% in the 4th quarter. GAMMA Investing LLC now owns 4,315 shares of the auto parts company’s stock worth $103,000 after buying an additional 439 shares in the last quarter. Captrust Financial Advisors bought a new position in Dana in the 2nd quarter worth approximately $176,000. Catalyst Funds Management Pty Ltd acquired a new stake in Dana in the 4th quarter valued at approximately $309,000. Finally, SG Americas Securities LLC bought a new stake in Dana during the 3rd quarter valued at $488,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Trending Headlines about Dana

Here are the key news stories impacting Dana this week:

• Positive Sentiment: Zacks Research upgraded Dana from “Hold” to “Strong Buy,” signaling buy-side momentum from a major independent research house. Zacks.com
• Positive Sentiment: An analyst-consensus rating published by American Banking News shows a “Moderate Buy” consensus, reinforcing broader analyst optimism. Dana Incorporated (NYSE:DAN) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Zacks pieces point to a 123% one‑year rally and a modest forward P/E (~11x) — arguing that improved margins, backlog strength and capital returns could allow further upside. DAN Rallies 123% in a Year
• Positive Sentiment: Zacks highlights Dana’s cost-transformation and backlog as drivers that can expand profits even if vehicle volumes remain uneven. Will Cost Cuts and Backlog Fuel Earnings Growth for Dana?
• Positive Sentiment: Zacks added DAN to its Rank #1 (Strong Buy) income-stock list and included Dana on a short list of value/earnings-yield names — both items raise visibility among income and value-oriented investors. Best Income Stocks to Buy for March 24th 5 Value Stocks to Own
• Neutral Sentiment: Analyst note questions whether Dana can offset soft EV demand by shifting to hybrids, ICE and aftermarket — strategic pivot could preserve margins but adds execution risk. Can Dana Navigate EV Weakness With Hybrids and Aftermarket?
• Neutral Sentiment: NYSE pre-market content mentions forum coverage (general market context) but contains no Dana-specific catalysts. NYSE Content Update

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.