Spectrum Asset Management Inc. NB CA grew its stake in shares of Danaher Corporation (NYSE:DHR) by 5.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,275 shares of the conglomerate’s stock after purchasing an additional 620 shares during the quarter. Danaher Corporation accounts for 0.8% of Spectrum Asset Management Inc. NB CA’s investment portfolio, making the stock its 25th biggest position. Spectrum Asset Management Inc. NB CA’s holdings in Danaher Corporation were worth $967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of DHR. National Asset Management Inc. lifted its stake in shares of Danaher Corporation by 0.4% in the second quarter. National Asset Management Inc. now owns 3,767 shares of the conglomerate’s stock worth $318,000 after acquiring an additional 14 shares in the last quarter. First Financial Corp IN increased its holdings in Danaher Corporation by 0.8% in the second quarter. First Financial Corp IN now owns 2,720 shares of the conglomerate’s stock valued at $230,000 after buying an additional 21 shares during the last quarter. Brighton Jones LLC increased its holdings in Danaher Corporation by 0.4% in the second quarter. Brighton Jones LLC now owns 5,159 shares of the conglomerate’s stock valued at $435,000 after buying an additional 21 shares during the last quarter. Guardian Life Insurance Co. of America increased its holdings in Danaher Corporation by 1.0% in the first quarter. Guardian Life Insurance Co. of America now owns 2,356 shares of the conglomerate’s stock valued at $202,000 after buying an additional 24 shares during the last quarter. Finally, Buckingham Asset Management LLC increased its holdings in Danaher Corporation by 0.4% in the second quarter. Buckingham Asset Management LLC now owns 5,778 shares of the conglomerate’s stock valued at $488,000 after buying an additional 24 shares during the last quarter. Institutional investors own 75.56% of the company’s stock.

Shares of Danaher Corporation (DHR) opened at $94.18 on Wednesday. The firm has a market capitalization of $65,164.29, a P/E ratio of 24.08, a price-to-earnings-growth ratio of 2.23 and a beta of 1.02. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.43 and a quick ratio of 1.00. Danaher Corporation has a 52-week low of $76.27 and a 52-week high of $94.22.

Danaher Corporation (NYSE:DHR) last announced its quarterly earnings data on Thursday, October 19th. The conglomerate reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.05. Danaher Corporation had a return on equity of 11.29% and a net margin of 13.36%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.47 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. equities analysts predict that Danaher Corporation will post 3.99 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Stockholders of record on Friday, September 29th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.59%. Danaher Corporation’s dividend payout ratio (DPR) is presently 16.52%.

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Several brokerages recently weighed in on DHR. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $83.00 price objective on shares of Danaher Corporation in a report on Tuesday, September 26th. Jefferies Group LLC reissued a “buy” rating and issued a $95.00 price objective on shares of Danaher Corporation in a report on Friday, August 4th. BidaskClub lowered Danaher Corporation from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st. Zacks Investment Research lowered Danaher Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Finally, Robert W. Baird upped their target price on Danaher Corporation from $87.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Danaher Corporation has a consensus rating of “Buy” and an average price target of $93.31.

In other news, SVP Daniel Raskas sold 37,870 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $93.33, for a total transaction of $3,534,407.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donald J. Ehrlich sold 10,578 shares of the stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $90.82, for a total value of $960,693.96. Following the sale, the director now owns 104,621 shares of the company’s stock, valued at approximately $9,501,679.22. The disclosure for this sale can be found here. Insiders have sold a total of 317,498 shares of company stock valued at $28,838,801 in the last quarter. Insiders own 12.20% of the company’s stock.

Danaher Corporation Company Profile

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates through four segments: Life Sciences, which offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines; Diagnostics; which offers analytical instruments, reagents, consumables, software and services; Dental, which provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone, and Environmental & Applied Solutions, which consists of various lines of business, including water quality and product identification.

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Institutional Ownership by Quarter for Danaher Corporation (NYSE:DHR)

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