JB Capital Partners LP Takes $50.40 Billion Position in Dana Incorporated $DAN

JB Capital Partners LP purchased a new position in shares of Dana Incorporated (NYSE:DAN) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,852,293 shares of the auto parts company’s stock, valued at approximately $50,400,893,000. Dana accounts for approximately 7.8% of JB Capital Partners LP’s investment portfolio, making the stock its 4th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Captrust Financial Advisors bought a new stake in Dana in the second quarter valued at approximately $176,000. State of Tennessee Department of Treasury boosted its stake in shares of Dana by 10.7% during the 2nd quarter. State of Tennessee Department of Treasury now owns 55,842 shares of the auto parts company’s stock worth $958,000 after acquiring an additional 5,405 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Dana by 3.1% during the 3rd 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 during the last quarter. Entropy Technologies LP increased its holdings in shares of Dana by 266.2% during the 3rd quarter. Entropy Technologies LP now owns 37,303 shares of the auto parts company’s stock worth $748,000 after acquiring an additional 27,116 shares during the last quarter. Finally, Horizon Investments LLC bought a new stake in Dana in the 3rd quarter valued at $553,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Wall Street Analysts Forecast Growth

DAN has been the subject of several research reports. Barclays raised 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 lowered shares of Dana from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Dana from $40.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Wells Fargo & Company decreased their price target on shares of Dana from $33.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Friday, August 7th. Finally, Weiss Ratings downgraded shares of Dana from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dana currently has an average rating of “Hold” and a consensus target price of $37.00.

Dana Price Performance

NYSE:DAN opened at $31.74 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.03 and a current ratio of 1.49. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 3.16 and a beta of 1.99. Dana Incorporated has a 52 week low of $17.74 and a 52 week high of $39.56. The firm’s 50-day simple moving average is $28.05 and its 200 day simple moving average is $32.05.

Dana (NYSE:DAN) last announced its earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.93 billion. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, sell-side analysts predict that Dana Incorporated will post 1.93 earnings per share for the current year.

Dana Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given 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 yield of 1.5%. Dana’s dividend payout ratio is currently 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.