Dana Incorporated (NYSE:DAN) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Dana Incorporated (NYSE:DAN) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $37.00.

Several research firms have issued reports on DAN. Zacks Research upgraded shares of Dana from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 8th. Wells Fargo & Company decreased their price objective on Dana from $33.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, August 7th. Barclays boosted their target price on Dana from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, August 14th. UBS Group dropped their target price on Dana from $39.00 to $38.00 and set a “buy” rating for the company in a report on Friday, August 7th. Finally, Weiss Ratings lowered Dana from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th.

Dana Stock Down 2.1%

Shares of DAN opened at $29.86 on Tuesday. Dana has a 1 year low of $17.74 and a 1 year high of $39.56. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. The stock has a 50 day simple moving average of $29.27 and a two-hundred day simple moving average of $31.70. The firm has a market cap of $3.21 billion, a P/E ratio of 2.97 and a beta of 2.01.

Dana (NYSE:DAN) last posted 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 business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same period last year, the business posted $0.13 earnings per share. The company’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. On average, analysts forecast that Dana will post 1.93 earnings per share for the current fiscal year.

Dana Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were issued a $0.12 dividend. The ex-dividend date was Friday, August 7th. This represents a $0.48 annualized dividend and a dividend yield of 1.6%. Dana’s dividend payout ratio (DPR) is currently 4.78%.

Institutional Investors Weigh In On Dana

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position 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 buying an additional 445 shares during the period. Parallel Advisors LLC increased its position in shares of Dana by 105.2% in the first quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company’s stock valued at $65,000 after acquiring an additional 987 shares during the period. Plato Investment Management Ltd purchased a new position in shares of Dana in the second quarter valued at about $45,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Dana by 1,439.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,816 shares of the auto parts company’s stock valued at $49,000 after acquiring an additional 1,698 shares during the last quarter. Finally, Pinnacle Holdings LLC bought a new position in shares of Dana during the second quarter valued at about $49,000. 96.79% of the stock is currently owned by institutional investors.

Dana Company Profile

Dana Incorporated (NYSE:DAN) is a global supplier of drivetrain, propulsion, and thermal-management technologies for the automotive, commercial vehicle, and off-highway markets. The company develops and manufactures systems that help vehicles transmit power, manage heat, and improve efficiency across conventional, hybrid, and electric powertrains.

Its product portfolio includes axles, driveshafts, differentials, transmissions, sealing and thermal-management systems, and electrified propulsion components such as electric motors, inverters, gearboxes, and complete e-Propulsion systems.