JB Capital Partners LP Purchases New Holdings in Dana Incorporated $DAN

JB Capital Partners LP bought a new stake in shares of Dana Incorporated (NYSE:DAN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,852,293 shares of the auto parts company’s stock, valued at approximately $50,400,893. Dana comprises about 0.0% of JB Capital Partners LP’s portfolio, making the stock its 4th biggest holding. JB Capital Partners LP owned approximately 1.72% of Dana as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in Dana by 39.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 445 shares during the period. Plato Investment Management Ltd bought a new position in shares of Dana in the 2nd quarter valued at about $45,000. Parallel Advisors LLC increased its holdings in Dana by 105.2% in the 1st quarter. Parallel Advisors LLC now owns 1,925 shares of the auto parts company’s stock valued at $65,000 after buying an additional 987 shares during the period. Captrust Financial Advisors bought a new position in Dana during the second quarter worth $176,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of Dana in the second quarter valued at about $252,000. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on DAN. Royal Bank Of Canada upped their target price on shares of Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Wells Fargo & Company decreased 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. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Dana from $40.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Weiss Ratings downgraded shares of Dana from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, Zacks Research downgraded shares of Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Dana has a consensus rating of “Hold” and an average price target of $37.00.

Dana Trading Up 0.8%

Shares of DAN traded up $0.24 during trading on Friday, reaching $30.30. 393,281 shares of the company traded hands, compared to its average volume of 1,483,901. The stock has a market cap of $3.26 billion, a PE ratio of 3.01 and a beta of 1.99. The company has a quick ratio of 1.03, a current ratio of 1.49 and a debt-to-equity ratio of 0.66. Dana Incorporated has a twelve month low of $17.74 and a twelve month high of $39.56. The stock has a 50-day simple moving average of $28.12 and a 200-day simple moving average of $32.05.

Dana (NYSE:DAN) 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 return on equity of 4.07% and a net margin of 14.55%.The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter in the previous year, the company earned $0.13 earnings per share. 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, analysts anticipate that Dana Incorporated will post 1.93 earnings per share for the current year.

Dana Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. Dana’s payout ratio is presently 4.78%.

Dana 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.