Dana (NYSE:DAN – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.750-2.250 for the period, compared to the consensus estimate of 2.450. The company issued revenue guidance of $7.7 billion-$7.9 billion, compared to the consensus revenue estimate of $7.7 billion.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Dana from $39.00 to $45.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Zacks Research cut Dana from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. Weiss Ratings downgraded Dana from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft reduced their price target on Dana from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Finally, 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 research note on Friday. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $36.67.
Check Out Our Latest Stock Analysis on DAN
Dana Stock Up 4.2%
Dana (NYSE:DAN – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.51). Dana had a net margin of 14.55% and a return on equity of 4.07%. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same quarter last year, the company earned $0.13 EPS. The company’s quarterly 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. Equities analysts expect that Dana will post 2.07 earnings per share for the current fiscal year.
Dana Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, August 7th. Dana’s dividend payout ratio is presently 4.66%.
Institutional Trading of Dana
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Loomis Sayles & Co. L P boosted its stake in shares of Dana by 61.2% during 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 buying an additional 604,246 shares during the period. Tudor Investment Corp ET AL increased its stake in shares of Dana by 28.4% in the fourth quarter. Tudor Investment Corp ET AL now owns 273,631 shares of the auto parts company’s stock worth $6,501,000 after acquiring an additional 60,487 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Dana by 3.1% during the third quarter. Russell Investments Group Ltd. now owns 927,987 shares of the auto parts company’s stock worth $18,597,000 after acquiring an additional 27,712 shares in the last quarter. Horizon Investments LLC acquired a new stake in Dana during the third quarter valued at $553,000. Finally, Entropy Technologies LP boosted its position in Dana by 266.2% during the third quarter. Entropy Technologies LP now owns 37,303 shares of the auto parts company’s stock valued at $748,000 after purchasing an additional 27,116 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors.
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.
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