First National Bank of Omaha Acquires Shares of 11,454 Danaher Corporation $DHR

First National Bank of Omaha bought a new position in shares of Danaher Corporation (NYSE:DHR) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,454 shares of the conglomerate’s stock, valued at approximately $8,247,000.

Several other large investors have also made changes to their positions in DHR. Main Street Group LTD acquired a new stake in Danaher in the first quarter worth about $25,000. N.E.W. Advisory Services LLC acquired a new position in Danaher during the 2nd quarter valued at about $25,000. JPL Wealth Management LLC acquired a new position in Danaher during the 3rd quarter valued at about $25,000. Elevated Capital Advisors LLC bought a new position in shares of Danaher in the 4th quarter valued at about $26,000. Finally, WFA of San Diego LLC acquired a new stake in shares of Danaher during the 2nd quarter worth approximately $26,000. Institutional investors and hedge funds own 79.05% of the company’s stock.

Wall Street Analysts Forecast Growth

DHR has been the topic of several analyst reports. Argus cut their price objective on shares of Danaher from $265.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Wells Fargo & Company dropped their target price on shares of Danaher from $212.00 to $195.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. DZ Bank assumed coverage on Danaher in a research note on Wednesday, June 3rd. They issued a “buy” rating and a $210.00 price target on the stock. Evercore restated an “outperform” rating and issued a $230.00 price target on shares of Danaher in a research report on Monday, July 6th. Finally, Piper Sandler assumed coverage on Danaher in a research note on Thursday, June 11th. They set a “neutral” rating and a $200.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Danaher currently has an average rating of “Moderate Buy” and an average price target of $228.91.

Danaher Trading Down 1.5%

Shares of NYSE DHR opened at $199.62 on Wednesday. Danaher Corporation has a twelve month low of $160.93 and a twelve month high of $242.80. The stock has a market cap of $140.33 billion, a price-to-earnings ratio of 35.46, a P/E/G ratio of 2.52 and a beta of 0.78. The company has a quick ratio of 1.25, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The company’s fifty day moving average is $193.74 and its 200-day moving average is $192.50.

Danaher (NYSE:DHR) last released its quarterly earnings data on Monday, July 20th. The conglomerate reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.09. The business had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Danaher had a net margin of 15.95% and a return on equity of 11.04%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 EPS. Equities research analysts predict that Danaher Corporation will post 8.53 EPS for the current year.

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.