Dana Incorporated (NYSE:DAN) Receives Average Rating of “Hold” from Brokerages

Shares of Dana Incorporated (NYSE:DAN) have received an average recommendation of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $37.00.

Several equities research analysts have recently issued reports on DAN shares. Wells Fargo & Company lowered their price objective on Dana from $33.00 to $28.00 and set an “equal weight” rating for the company in a research note on Friday, August 7th. Royal Bank Of Canada boosted their target price on Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Barclays increased their price target on Dana from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, August 14th. Zacks Research downgraded Dana from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. Finally, UBS Group lowered their price target on Dana from $39.00 to $38.00 and set a “buy” rating for the company in a research report on Friday, August 7th.

Institutional Investors Weigh In On Dana

Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in Dana by 39.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 445 shares during the last quarter. Plato Investment Management Ltd purchased a new stake in Dana in the 2nd quarter worth about $45,000. Pinnacle Holdings LLC purchased a new stake in Dana in the 2nd quarter worth about $49,000. Northwestern Mutual Wealth Management Co. bought a new stake in Dana in the second quarter worth about $49,000. Finally, Parallel Advisors LLC lifted its stake in Dana by 105.2% in the first quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 987 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

Dana Stock Up 0.2%

Shares of NYSE DAN opened at $30.20 on Friday. The firm’s 50-day moving average price is $28.07 and its 200-day moving average price is $32.07. The company has a current ratio of 1.49, a quick ratio of 1.03 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 3.01 and a beta of 1.99. Dana has a 12-month low of $17.74 and a 12-month high of $39.56.

Dana (NYSE:DAN) last released its quarterly earnings results on Thursday, August 6th. The auto parts company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.51). Dana had a return on equity of 4.07% and a net margin of 14.55%.The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter in the prior year, the business posted $0.13 EPS. The company’s revenue was up 3.9% on a year-over-year basis. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. On average, equities research analysts anticipate that Dana 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 paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.48 annualized dividend and a dividend yield of 1.6%. Dana’s dividend payout ratio is currently 4.78%.

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.