Dana (NYSE:DAN) Raised to Hold at Zacks Research

Dana (NYSE:DAN) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday, Zacks reports.

Several other equities research analysts have also recently issued reports on the company. Royal Bank Of Canada lifted their target price on Dana from $33.00 to $37.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Weiss Ratings cut Dana from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Barclays lifted their price objective on Dana from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft decreased their price objective on Dana from $40.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Finally, 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 research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $37.00.

Dana Stock Performance

Shares of NYSE DAN opened at $30.40 on Tuesday. 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 firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of 3.03 and a beta of 2.01. Dana has a 12-month low of $17.74 and a 12-month high of $39.56. The firm has a 50 day moving average of $28.63 and a 200 day moving average of $31.90.

Dana (NYSE:DAN) last announced its quarterly earnings data 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). The firm had revenue of $2.01 billion for 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 firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. On average, research analysts anticipate that Dana will post 1.93 earnings per share for the current year.

Institutional Trading of Dana

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Dana during the second quarter valued at approximately $496,741,000. California State Teachers Retirement System lifted its stake in shares of Dana by 2,541.4% during the 2nd quarter. California State Teachers Retirement System now owns 3,467,697 shares of the auto parts company’s stock worth $94,356,000 after acquiring an additional 3,336,415 shares during the last quarter. Nykredit A S bought a new stake in shares of Dana during the 2nd quarter worth approximately $84,700,000. JB Capital Partners LP purchased a new position in Dana during the 2nd quarter valued at $50,400,893. Finally, Loomis Sayles & Co. L P grew its position in Dana by 61.2% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,591,768 shares of the auto parts company’s stock valued at $37,820,000 after acquiring an additional 604,246 shares during the last quarter. Institutional investors own 96.79% of the company’s stock.

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.