Zacks Research Upgrades Dana (NYSE:DAN) to Hold

Dana (NYSE:DAN) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday, Zacks reports.

Several other research firms have also recently issued reports on DAN. UBS Group decreased their price target on 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 on the stock in a research report on Tuesday, July 7th. Weiss Ratings cut shares of Dana from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Barclays increased their price objective 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. Finally, Royal Bank Of Canada raised their price objective on shares of Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.00.

Dana Stock Performance

DAN stock opened at $30.40 on Tuesday. The company has a 50 day moving average price of $28.63 and a 200 day moving average price of $31.90. Dana has a fifty-two week low of $17.74 and a fifty-two week high of $39.56. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. The stock has a market capitalization of $3.27 billion, a PE ratio of 3.03 and a beta of 2.01.

Dana (NYSE:DAN) last released its 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). The firm 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%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the business posted $0.13 earnings per share. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Analysts forecast that Dana will post 1.93 EPS for the current year.

Institutional Investors Weigh In On Dana

Several large investors have recently bought and sold shares of the company. Tidal Investments LLC raised its holdings in Dana by 185.2% in the second quarter. Tidal Investments LLC now owns 44,850 shares of the auto parts company’s stock worth $1,220,000 after purchasing an additional 29,123 shares during the period. Engineers Gate Manager LP grew its holdings in shares of Dana by 59.1% in the 2nd quarter. Engineers Gate Manager LP now owns 152,871 shares of the auto parts company’s stock valued at $4,160,000 after buying an additional 56,766 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Dana in the 2nd quarter valued at $72,000. Squarepoint Ops LLC increased its position in shares of Dana by 96.8% in the 2nd quarter. Squarepoint Ops LLC now owns 245,894 shares of the auto parts company’s stock valued at $6,691,000 after buying an additional 120,978 shares in the last quarter. Finally, Nykredit A S acquired a new stake in Dana during the 2nd quarter worth $61,081,000. Institutional investors own 96.79% of the company’s stock.

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.