Tirschwell & Loewy Inc. increased its position in shares of Danaher Corporation (NYSE:DHR) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 243,960 shares of the conglomerate’s stock after acquiring an additional 1,525 shares during the quarter. Danaher Corporation makes up about 3.2% of Tirschwell & Loewy Inc.’s portfolio, making the stock its 12th biggest holding. Tirschwell & Loewy Inc.’s holdings in Danaher Corporation were worth $20,927,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Stock Yards Bank & Trust Co. boosted its position in shares of Danaher Corporation by 1.2% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 159,978 shares of the conglomerate’s stock valued at $13,723,000 after acquiring an additional 1,849 shares during the last quarter. Xact Kapitalforvaltning AB boosted its position in shares of Danaher Corporation by 1.4% during the 3rd quarter. Xact Kapitalforvaltning AB now owns 102,965 shares of the conglomerate’s stock valued at $8,832,000 after acquiring an additional 1,415 shares during the last quarter. Flagship Harbor Advisors LLC boosted its position in shares of Danaher Corporation by 10.2% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 7,260 shares of the conglomerate’s stock valued at $633,000 after acquiring an additional 673 shares during the last quarter. BB&T Corp boosted its position in shares of Danaher Corporation by 57.3% during the 3rd quarter. BB&T Corp now owns 75,939 shares of the conglomerate’s stock valued at $6,514,000 after acquiring an additional 27,667 shares during the last quarter. Finally, CAPROCK Group Inc. boosted its position in shares of Danaher Corporation by 24.6% during the 3rd quarter. CAPROCK Group Inc. now owns 5,404 shares of the conglomerate’s stock valued at $464,000 after acquiring an additional 1,067 shares during the last quarter. 75.61% of the stock is currently owned by hedge funds and other institutional investors.

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A number of research analysts have commented on the stock. Robert W. Baird upped their target price on shares of Danaher Corporation from $87.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. Credit Suisse Group upped their target price on shares of Danaher Corporation from $93.00 to $96.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. Morgan Stanley upped their target price on shares of Danaher Corporation from $95.00 to $98.00 and gave the company an “overweight” rating in a research report on Friday, October 20th. Zacks Investment Research raised shares of Danaher Corporation from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a research report on Thursday, October 5th. Finally, Cowen and Company reaffirmed a “buy” rating and issued a $90.00 target price on shares of Danaher Corporation in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $93.31.

In related news, CEO Thomas Patrick Joyce, Jr. sold 125,989 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $92.64, for a total transaction of $11,671,620.96. Following the sale, the chief executive officer now directly owns 271,737 shares in the company, valued at $25,173,715.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Daniel L. Comas sold 88,184 shares of the company’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $91.02, for a total transaction of $8,026,507.68. Following the sale, the chief financial officer now owns 227,816 shares in the company, valued at $20,735,812.32. The disclosure for this sale can be found here. Insiders have sold 279,628 shares of company stock worth $25,304,394 over the last 90 days. Insiders own 12.20% of the company’s stock.

Shares of Danaher Corporation (NYSE:DHR) opened at $92.24 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.00 and a current ratio of 1.43. The stock has a market cap of $64,162.60, a PE ratio of 23.71, a price-to-earnings-growth ratio of 2.19 and a beta of 1.02. Danaher Corporation has a one year low of $76.27 and a one year high of $93.36.

Danaher Corporation (NYSE:DHR) last released its earnings results on Thursday, October 19th. The conglomerate reported $1.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.05. Danaher Corporation had a net margin of 13.36% and a return on equity of 11.29%. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.47 billion. During the same period in the prior year, the firm earned $0.87 earnings per share. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. sell-side analysts anticipate that Danaher Corporation will post 3.99 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, September 29th were paid a dividend of $0.14 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.61%. Danaher Corporation’s payout ratio is 16.52%.

About Danaher Corporation

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.

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

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