Deutsche Bank AG Invests $3.77 Million in Dana Incorporated $DAN

Deutsche Bank AG purchased a new position in Dana Incorporated (NYSE:DAN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 138,476 shares of the auto parts company’s stock, valued at approximately $3,768,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in Dana by 39.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company’s stock worth $38,000 after buying an additional 445 shares during the last quarter. Parallel Advisors LLC raised its position in Dana by 105.2% in 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. Plato Investment Management Ltd purchased a new position in Dana in the second quarter valued at about $45,000. State of Tennessee Department of Treasury grew its position 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 valued at $958,000 after acquiring an additional 5,405 shares during the period. Finally, GSA Capital Partners LLP bought a new position in shares of Dana during the 2nd quarter valued at approximately $252,000. Institutional investors own 96.79% of the company’s stock.

Dana Stock Performance

NYSE DAN opened at $30.20 on Wednesday. The firm has a market cap of $3.25 billion, a P/E 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. The company’s 50 day moving average is $28.07 and its 200-day moving average is $32.07. Dana Incorporated has a 12-month low of $17.74 and a 12-month high of $39.56.

Dana (NYSE:DAN) last released its quarterly earnings data 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 return on equity of 4.07% and a net margin of 14.55%.The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the business posted $0.13 earnings per share. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Sell-side analysts predict that Dana Incorporated will post 1.93 earnings per share for the current year.

Dana Announces Dividend

The business 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 $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, August 7th. Dana’s dividend payout ratio (DPR) is presently 4.78%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DAN shares. Barclays lifted their price target on shares of Dana from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, August 14th. 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 report on Tuesday, July 7th. Zacks Research downgraded Dana from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. UBS Group lowered their target price on Dana from $39.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Royal Bank Of Canada upped their price target on Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $37.00.

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.