156,015 Shares in Danaher Corporation $DHR Acquired by Defender Capital LLC.

Defender Capital LLC. acquired a new stake in shares of Danaher Corporation (NYSE:DHR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 156,015 shares of the conglomerate’s stock, valued at approximately $35,715,000. Danaher makes up about 11.6% of Defender Capital LLC.’s portfolio, making the stock its 3rd biggest position.

Other large investors also recently added to or reduced their stakes in the company. Czech National Bank increased its stake in shares of Danaher by 2.4% during the 4th quarter. Czech National Bank now owns 165,766 shares of the conglomerate’s stock worth $37,947,000 after purchasing an additional 3,908 shares during the last quarter. First Bank & Trust acquired a new stake in shares of Danaher in the 4th quarter valued at $1,055,000. Foster Group Inc. bought a new stake in Danaher in the fourth quarter worth $216,000. Fjell Capital LLC increased its position in Danaher by 8.2% during the fourth quarter. Fjell Capital LLC now owns 2,726 shares of the conglomerate’s stock worth $624,000 after buying an additional 207 shares during the last quarter. Finally, Daymark Wealth Partners LLC increased its position in Danaher by 2.3% during the fourth quarter. Daymark Wealth Partners LLC now owns 11,579 shares of the conglomerate’s stock worth $2,651,000 after buying an additional 262 shares during the last quarter. 79.05% of the stock is owned by institutional investors.

Danaher Trading Down 1.5%

Shares of NYSE:DHR opened at $187.18 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.51 and a current ratio of 1.87. The stock’s 50-day moving average is $211.42 and its 200-day moving average is $214.71. The company has a market cap of $132.36 billion, a P/E ratio of 37.14, a P/E/G ratio of 2.58 and a beta of 0.93. Danaher Corporation has a 52-week low of $171.00 and a 52-week high of $242.80.

Danaher (NYSE:DHR) last posted its quarterly earnings data on Tuesday, January 27th. The conglomerate reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.09. The business had revenue of $6.84 billion during the quarter, compared to analysts’ expectations of $6.79 billion. Danaher had a return on equity of 10.81% and a net margin of 14.71%.The firm’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.14 EPS. Equities research analysts predict that Danaher Corporation will post 7.63 earnings per share for the current year.

Danaher Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Friday, March 27th will be given a $0.40 dividend. This is a positive change from Danaher’s previous quarterly dividend of $0.32. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, March 27th. Danaher’s dividend payout ratio (DPR) is currently 25.40%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Morgan Stanley initiated coverage on Danaher in a research report on Monday, December 1st. They issued an “overweight” rating and a $270.00 price target for the company. Evercore reissued an “outperform” rating and set a $254.00 price objective on shares of Danaher in a report on Wednesday, January 28th. Robert W. Baird set a $251.00 target price on Danaher in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Danaher in a research report on Thursday, January 29th. Finally, Leerink Partners increased their price target on Danaher from $260.00 to $270.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Nineteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Danaher presently has an average rating of “Moderate Buy” and a consensus price target of $253.55.

Insider Buying and Selling at Danaher

In other news, EVP Gregory M. Milosevich sold 1,320 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $208.01, for a total value of $274,573.20. Following the sale, the executive vice president owned 5,099 shares in the company, valued at approximately $1,060,642.99. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.10% of the company’s stock.

Danaher Profile

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.