Brokerages Set Dana Incorporated (NYSE:DAN) Target Price at $37.00

Dana Incorporated (NYSE:DAN) has received a consensus recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $37.00.

A number of research firms have issued reports on DAN. Wells Fargo & Company cut their target price on shares of 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 reduced their price objective on Dana from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings downgraded Dana from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Barclays lifted 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. Finally, Zacks Research downgraded Dana from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 16th.

Institutional Investors Weigh In On Dana

A number of large investors have recently bought and sold shares of the business. Nykredit A S bought a new position in Dana during the second quarter valued at about $84,700,000. BTG Pactual Asset Management US LLC acquired a new position in shares of Dana during the 2nd quarter valued at about $286,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Dana by 1,439.0% in the 2nd 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 in the last quarter. Hennessy Advisors Inc. bought a new position in shares of Dana in the 2nd quarter valued at approximately $6,876,000. Finally, Hsbc Holdings PLC lifted its holdings in Dana by 3.6% in the 2nd quarter. Hsbc Holdings PLC now owns 119,377 shares of the auto parts company’s stock worth $3,223,000 after purchasing an additional 4,193 shares during the last quarter. 96.79% of the stock is currently owned by institutional investors.

Dana Trading Up 0.1%

Shares of NYSE DAN opened at $31.74 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.03 and a debt-to-equity ratio of 0.66. Dana has a one year low of $17.74 and a one year high of $39.56. The business has a 50-day moving average price of $28.05 and a two-hundred day moving average price of $32.07. The firm has a market capitalization of $3.41 billion, a PE ratio of 3.16 and a beta of 1.99.

Dana (NYSE:DAN) last issued its earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.51). The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.93 billion. Dana had a net margin of 14.55% and a return on equity of 4.07%. Dana’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, analysts predict that Dana will post 1.93 earnings per share for the current fiscal year.

Dana Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.5%. Dana’s dividend payout ratio (DPR) is currently 4.78%.

Dana Company 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.