Zacks Research Upgrades Dana (NYSE:DAN) to Strong-Buy

Dana (NYSE:DAN) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other brokerages have also weighed in on DAN. Wells Fargo & Company upped their price objective on Dana from $30.00 to $35.00 and gave the company an “equal weight” rating in a report on Thursday, February 19th. Royal Bank Of Canada boosted their price target on shares of Dana from $32.00 to $40.00 and gave the stock an “outperform” rating in a research report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $36.00 price target on shares of Dana in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of Dana from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Barclays lifted their price objective on shares of Dana from $27.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.17.

Dana Price Performance

Shares of NYSE:DAN opened at $33.35 on Monday. Dana has a 12 month low of $10.11 and a 12 month high of $36.28. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 58.52 and a beta of 2.08. The stock’s 50 day moving average price is $31.86 and its 200 day moving average price is $25.17. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.17 and a quick ratio of 0.86.

Dana (NYSE:DAN) last released its earnings results on Friday, February 27th. The auto parts company reported $0.85 earnings per share for the quarter. The firm had revenue of $1.87 billion during the quarter. Dana had a return on equity of 4.24% and a net margin of 1.05%. Equities research analysts anticipate that Dana will post 1.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Dana

A number of hedge funds and other institutional investors have recently modified their holdings of DAN. EverSource Wealth Advisors LLC increased its stake in Dana by 39.2% in the 4th 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 in the last quarter. GAMMA Investing LLC lifted its stake in Dana by 11.3% during the fourth quarter. GAMMA Investing LLC now owns 4,315 shares of the auto parts company’s stock valued at $103,000 after buying an additional 439 shares in the last quarter. Captrust Financial Advisors purchased a new stake in Dana during the second quarter valued at about $176,000. Catalyst Funds Management Pty Ltd acquired a new position in shares of Dana in the fourth quarter worth about $309,000. Finally, SG Americas Securities LLC acquired a new position in shares of Dana in the third quarter worth about $488,000. Institutional investors and hedge funds own 96.79% of the company’s stock.

Dana News Summary

Here are the key news stories impacting Dana this week:

• Positive Sentiment: Zacks Research upgraded Dana from “Hold” to “Strong Buy,” signaling buy-side momentum from a major independent research house. Zacks.com
• Positive Sentiment: An analyst-consensus rating published by American Banking News shows a “Moderate Buy” consensus, reinforcing broader analyst optimism. Dana Incorporated (NYSE:DAN) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Zacks pieces point to a 123% one‑year rally and a modest forward P/E (~11x) — arguing that improved margins, backlog strength and capital returns could allow further upside. DAN Rallies 123% in a Year
• Positive Sentiment: Zacks highlights Dana’s cost-transformation and backlog as drivers that can expand profits even if vehicle volumes remain uneven. Will Cost Cuts and Backlog Fuel Earnings Growth for Dana?
• Positive Sentiment: Zacks added DAN to its Rank #1 (Strong Buy) income-stock list and included Dana on a short list of value/earnings-yield names — both items raise visibility among income and value-oriented investors. Best Income Stocks to Buy for March 24th 5 Value Stocks to Own
• Neutral Sentiment: Analyst note questions whether Dana can offset soft EV demand by shifting to hybrids, ICE and aftermarket — strategic pivot could preserve margins but adds execution risk. Can Dana Navigate EV Weakness With Hybrids and Aftermarket?
• Neutral Sentiment: NYSE pre-market content mentions forum coverage (general market context) but contains no Dana-specific catalysts. NYSE Content Update

About Dana

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.