Robotti Robert Invests $4.11 Million in Dana Incorporated $DAN

Robotti Robert bought a new position in Dana Incorporated (NYSE:DAN) during the second quarter, Holdings Channel reports. The firm bought 151,158 shares of the auto parts company’s stock, valued at approximately $4,113,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Dana during the 2nd quarter valued at about $496,741,000. Loomis Sayles & Co. L P raised its stake in shares of Dana by 61.2% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,591,768 shares of the auto parts company’s stock worth $37,820,000 after purchasing an additional 604,246 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Dana in the second quarter valued at approximately $25,571,000. Russell Investments Group Ltd. lifted its holdings in shares of Dana by 3.1% in the third quarter. Russell Investments Group Ltd. now owns 927,987 shares of the auto parts company’s stock valued at $18,597,000 after purchasing an additional 27,712 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of Dana by 1,341.4% during the first quarter. SG Americas Securities LLC now owns 690,454 shares of the auto parts company’s stock valued at $23,234,000 after buying an additional 642,552 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Analysts Set New Price Targets

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

Dana Stock Performance

DAN stock opened at $30.76 on Wednesday. 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 firm has a market cap of $3.31 billion, a PE ratio of 3.06 and a beta of 1.99. The business has a 50 day moving average of $28.12 and a 200-day moving average of $32.03. Dana Incorporated has a 12-month low of $17.74 and a 12-month high of $39.56.

Dana (NYSE:DAN) last issued its quarterly 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). Dana had a return on equity of 4.07% and a net margin of 14.55%.The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the business posted $0.13 earnings per share. The business’s revenue was up 3.9% compared to the same quarter last year. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, sell-side analysts expect that Dana Incorporated will post 1.93 earnings per share for the current year.

Dana Dividend Announcement

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 paid 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 is Friday, August 7th. Dana’s payout ratio is presently 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.