119,377 Shares in Dana Incorporated $DAN Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in Dana Incorporated (NYSE:DAN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 119,377 shares of the auto parts company’s stock, valued at approximately $3,223,000. Hsbc Holdings PLC owned 0.11% of Dana at the end of the most recent reporting period.

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

Dana Stock Performance

Shares of DAN opened at $30.33 on Friday. The company has a 50-day moving average of $28.15 and a two-hundred day moving average of $32.04. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 3.02 and a beta of 1.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. Dana Incorporated has a one year low of $17.74 and a one year high of $39.56.

Dana (NYSE:DAN) last issued 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 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 analysts’ expectations of $1.93 billion. During the same quarter last year, the company posted $0.13 EPS. The firm’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, equities research analysts expect 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 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 dividend on an annualized basis and a dividend yield of 1.6%. Dana’s dividend payout ratio is presently 4.78%.

Analyst Ratings Changes

A number of brokerages have weighed in on DAN. Barclays upped their price target on shares of Dana from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, August 14th. UBS Group dropped their target price on shares of Dana from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Dana from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Zacks Research cut shares of Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th. Finally, Royal Bank Of Canada lifted their price target on shares of Dana from $33.00 to $37.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Dana currently has a consensus rating of “Hold” and an average price target of $37.00.

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.