Wealthfront Advisers LLC Has $13.59 Million Holdings in Danaher Corporation $DHR

Wealthfront Advisers LLC increased its position in shares of Danaher Corporation (NYSE:DHR) by 45.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 59,363 shares of the conglomerate’s stock after buying an additional 18,519 shares during the period. Wealthfront Advisers LLC’s holdings in Danaher were worth $13,589,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Enterprise Financial Services Corp grew its holdings in Danaher by 1.4% during the 4th quarter. Enterprise Financial Services Corp now owns 3,219 shares of the conglomerate’s stock worth $737,000 after acquiring an additional 46 shares during the period. Kennebec Savings Bank boosted its position in shares of Danaher by 1.4% during the 4th quarter. Kennebec Savings Bank now owns 3,348 shares of the conglomerate’s stock valued at $766,000 after purchasing an additional 46 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Danaher by 2.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,870 shares of the conglomerate’s stock valued at $428,000 after purchasing an additional 47 shares in the last quarter. Kestra Private Wealth Services LLC grew its stake in Danaher by 0.3% during the third quarter. Kestra Private Wealth Services LLC now owns 15,421 shares of the conglomerate’s stock worth $3,057,000 after purchasing an additional 48 shares during the period. Finally, Norway Savings Bank increased its holdings in Danaher by 0.7% in the fourth quarter. Norway Savings Bank now owns 7,063 shares of the conglomerate’s stock worth $1,617,000 after purchasing an additional 49 shares in the last quarter. Institutional investors and hedge funds own 79.05% of the company’s stock.

Insider Buying and Selling at Danaher

In related news, EVP Gregory M. Milosevich sold 1,320 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $208.01, for a total value of $274,573.20. Following the transaction, the executive vice president owned 5,099 shares of the company’s stock, valued at approximately $1,060,642.99. This trade represents a 20.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.80% of the stock is owned by corporate insiders.

Danaher Price Performance

Shares of DHR opened at $179.23 on Wednesday. Danaher Corporation has a 12-month low of $175.00 and a 12-month high of $242.80. The business’s fifty day moving average is $194.58 and its 200 day moving average is $213.63. The company has a quick ratio of 1.52, a current ratio of 1.87 and a debt-to-equity ratio of 0.33. The stock has a market cap of $126.85 billion, a P/E ratio of 34.67, a P/E/G ratio of 2.41 and a beta of 0.95.

Danaher (NYSE:DHR) last announced its quarterly earnings results on Tuesday, April 21st. The conglomerate reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.12. Danaher had a net margin of 14.89% and a return on equity of 10.91%. The business had revenue of $5.95 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter in the previous year, the business posted $1.88 EPS. Danaher’s quarterly revenue was up 3.7% on a year-over-year basis. Danaher has set its FY 2026 guidance at 8.350-8.550 EPS. Sell-side analysts anticipate that Danaher Corporation will post 8.43 earnings per share for the current fiscal year.

Danaher Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, March 27th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, March 27th. This is a boost from Danaher’s previous quarterly dividend of $0.32. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. Danaher’s payout ratio is presently 30.95%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. UBS Group cut their price target on Danaher from $270.00 to $250.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Morgan Stanley dropped their target price on shares of Danaher from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a $245.00 target price on shares of Danaher in a research note on Tuesday, April 21st. Wall Street Zen cut shares of Danaher from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Evercore upped their price objective on shares of Danaher from $225.00 to $232.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Eighteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $240.70.

About Danaher

Danaher Corporation (NYSE: DHR) is a global science and technology company that designs, manufactures and markets products and services for the life sciences, diagnostics, and environmental and applied markets. The company organizes its operations into business segments focused on Life Sciences, Diagnostics, and Environmental & Applied Solutions, supplying instruments, reagents, software and related services that support research, clinical testing, biopharmaceutical development, and industrial and environmental monitoring.

Products and services in Danaher’s portfolio include analytical and diagnostic instruments, laboratory consumables and reagents, digital and software solutions for workflow and data management, field and industrial monitoring equipment, and service and maintenance programs.