Dana (NYSE:DAN) Upgraded at Zacks Research

Zacks Research upgraded shares of Dana (NYSE:DAN) from a hold rating to a strong-buy rating in a report issued on Monday,Zacks.com reports.

Several other equities analysts have also issued reports on DAN. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $36.00 price target on shares of Dana in a research note on Thursday, January 22nd. UBS Group lifted their target price on Dana from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Weiss Ratings raised Dana from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, March 19th. Wall Street Zen cut shares of Dana from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Royal Bank Of Canada raised their price target on shares of Dana from $32.00 to $40.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.17.

Dana Price Performance

Shares of NYSE:DAN opened at $33.66 on Monday. The firm has a 50 day moving average of $31.99 and a 200-day moving average of $25.23. Dana has a 12 month low of $10.11 and a 12 month high of $36.28. The company has a current ratio of 1.17, a quick ratio of 0.86 and a debt-to-equity ratio of 2.85. The stock has a market capitalization of $3.69 billion, a PE ratio of 59.05 and a beta of 2.08.

Dana (NYSE:DAN) last posted its quarterly earnings results on Friday, February 27th. The auto parts company reported $0.85 earnings per share (EPS) for the quarter. Dana had a net margin of 1.05% and a return on equity of 4.24%. The business had revenue of $1.87 billion for the quarter. On average, equities research analysts predict that Dana will post 1.5 EPS for the current fiscal year.

Dana Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 27th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.4%. This is an increase from Dana’s previous quarterly dividend of $0.10. Dana’s dividend payout ratio is presently 84.21%.

Hedge Funds Weigh In On Dana

Large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in shares of Dana by 39.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 445 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Dana by 11.3% in the fourth quarter. GAMMA Investing LLC now owns 4,315 shares of the auto parts company’s stock valued at $103,000 after buying an additional 439 shares during the period. Captrust Financial Advisors acquired a new position in shares of Dana in the second quarter valued at approximately $176,000. Catalyst Funds Management Pty Ltd bought a new position in Dana in the 4th quarter valued at approximately $309,000. Finally, SG Americas Securities LLC bought a new position in Dana in the 3rd quarter valued at approximately $488,000. 96.79% of the stock is currently owned by institutional investors.

Key Dana News

Here are the key news stories impacting Dana this week:

• Positive Sentiment: Management is presenting Dana 2030 strategic priorities and long‑term financial targets at its 2026 Capital Markets Day today — a catalyst that can lift sentiment if management provides credible growth, margin and capital‑return targets. Read More.
• Positive Sentiment: Zacks upgraded DAN from “hold” to “strong‑buy,” increasing buy‑side attention and potentially attracting flows from model‑driven investors. Read More.
• Positive Sentiment: Zacks added Dana to its Rank #1 (Strong Buy) income stocks list, which may draw dividend/income‑oriented investors. Read More.
• Positive Sentiment: Analyst consensus moved to a “Moderate Buy,” reinforcing the bullish narrative from multiple sell‑side views. Read More.
• Positive Sentiment: Analyst pieces highlight an attractive forward valuation (Zacks notes ~11x forward P/E), improving margins, a growing backlog and capital returns as reasons the stock can keep running after a strong year‑to‑date rally. Read More.
• Positive Sentiment: Zacks coverage points to cost‑cutting and backlog strength as near‑term levers to drive margin expansion even if industry volumes are uneven. Read More.
• Neutral Sentiment: Strategic shift: Dana is leaning into hybrids, ICE and aftermarket to offset softer EV demand — this diversifies revenue but also tests whether mix improvements offset lost EV upside. Read More.
• Neutral Sentiment: Market floor/pre‑market coverage (NYSE content update) included Dana in its daily advisory; broad exposure but limited direct impact. Read More.

Dana Company Profile

Dana Incorporated is a global leader in the design and manufacture of drivetrain, sealing, and thermal-management technologies for the automotive, commercial vehicle, off-highway and industrial markets. The company’s product portfolio includes axles, driveshafts, transmissions, e-Propulsion systems and thermal-management assemblies that help improve fuel efficiency, reduce emissions and enhance vehicle performance. Dana’s expertise spans internal combustion and electrified powertrains, positioning it to support both traditional and next-generation mobility solutions.

Founded in 1904 by Clarence W.