Osborn Rohs Williams & Donohoe Ltd cut its stake in shares of Danaher Corp. (NYSE:DHR) by 5.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,287 shares of the company’s stock after selling 3,723 shares during the period. Osborn Rohs Williams & Donohoe Ltd’s holdings in Danaher Corp. were worth $4,883,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Palisade Capital Management LLC NJ increased its position in Danaher Corp. by 2.5% in the second quarter. Palisade Capital Management LLC NJ now owns 126,438 shares of the company’s stock valued at $12,770,000 after buying an additional 3,142 shares during the last quarter. Ruane Cunniff & Goldfarb Inc. increased its position in Danaher Corp. by 12.1% in the second quarter. Ruane Cunniff & Goldfarb Inc. now owns 1,545,881 shares of the company’s stock valued at $156,134,000 after buying an additional 167,295 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in Danaher Corp. by 0.4% in the second quarter. Cullen Frost Bankers Inc. now owns 135,473 shares of the company’s stock valued at $13,683,000 after buying an additional 576 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Danaher Corp. by 6.0% in the second quarter. Nisa Investment Advisors LLC now owns 221,657 shares of the company’s stock valued at $22,387,000 after buying an additional 12,625 shares during the last quarter. Finally, Welch & Forbes LLC increased its position in Danaher Corp. by 1.3% in the second quarter. Welch & Forbes LLC now owns 725,947 shares of the company’s stock valued at $73,320,000 after buying an additional 9,184 shares during the last quarter. 74.86% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Danaher Corp. (NYSE:DHR)

Danaher Corp. (NYSE:DHR) traded up 0.13% during midday trading on Tuesday, hitting $79.13. The stock had a trading volume of 1,843,509 shares. The stock has a 50-day moving average price of $78.41 and a 200 day moving average price of $78.26. The firm has a market cap of $54.73 billion, a P/E ratio of 22.13 and a beta of 1.06. Danaher Corp. has a 12-month low of $61.60 and a 12-month high of $82.64.

Danaher Corp. (NYSE:DHR) last announced its quarterly earnings data on Thursday, October 20th. The company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.05. The firm earned $4.10 billion during the quarter, compared to the consensus estimate of $4.14 billion. Danaher Corp. had a net margin of 11.78% and a return on equity of 12.90%. The firm’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 earnings per share. On average, equities analysts anticipate that Danaher Corp. will post $3.59 earnings per share for the current fiscal year.

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A number of research analysts have recently issued reports on the company. RBC Capital Markets set a $86.00 price target on Danaher Corp. and gave the company a “hold” rating in a report on Friday, October 21st. Barclays PLC lifted their price target on Danaher Corp. from $90.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, September 7th. Evercore ISI reiterated a “buy” rating and issued a $89.00 price target on shares of Danaher Corp. in a report on Wednesday, October 12th. Jefferies Group reiterated a “buy” rating on shares of Danaher Corp. in a report on Thursday, September 8th. Finally, Cowen and Company assumed coverage on Danaher Corp. in a research report on Tuesday, August 2nd. They issued a “market perform” rating for the company. Seven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Danaher Corp. presently has an average rating of “Buy” and an average price target of $92.14.

In related news, insider Thomas Patrick Joyce, Jr. sold 36,125 shares of the firm’s stock in a transaction dated Friday, October 21st. The shares were sold at an average price of $79.68, for a total value of $2,878,440.00. Following the completion of the sale, the insider now owns 205,407 shares in the company, valued at $16,366,829.76. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 12.60% of the stock is currently owned by corporate insiders.

About Danaher Corp.

Danaher Corporation designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental, and Industrial Technologies. Its Test & Measurement segment offers products, software and services.

5 Day Chart for NYSE:DHR

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