Danaher Corporation (DHR) Position Maintained by Roundview Capital LLC

Roundview Capital LLC held its stake in shares of Danaher Corporation (NYSE:DHR) during the first quarter, according to its most recent filing with the SEC. The fund owned 25,172 shares of the conglomerate’s stock at the end of the first quarter. Roundview Capital LLC’s holdings in Danaher Corporation were worth $2,153,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. AE Wealth Management LLC purchased a new stake in shares of Danaher Corporation during the first quarter valued at $282,000. Alley Co LLC purchased a new stake in shares of Danaher Corporation during the first quarter valued at $2,173,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Danaher Corporation during the first quarter valued at $618,000. Venturi Wealth Management LLC purchased a new stake in shares of Danaher Corporation during the first quarter valued at $267,000. Finally, Patton Albertson Miller Group LLC increased its stake in shares of Danaher Corporation by 317.4% in the first quarter. Patton Albertson Miller Group LLC now owns 15,023 shares of the conglomerate’s stock valued at $1,249,000 after buying an additional 11,424 shares during the last quarter. 76.30% of the stock is currently owned by institutional investors and hedge funds.

Danaher Corporation (NYSE DHR) opened at 83.20 on Friday. The firm has a market cap of $57.75 billion, a PE ratio of 25.36 and a beta of 1.05. The firm’s 50-day moving average is $84.75 and its 200-day moving average is $84.18. Danaher Corporation has a 12 month low of $75.71 and a 12 month high of $88.01.

Danaher Corporation (NYSE:DHR) last posted its quarterly earnings data on Thursday, July 20th. The conglomerate reported $0.99 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.02. Danaher Corporation had a net margin of 12.30% and a return on equity of 11.82%. The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.50 billion. During the same quarter last year, the firm posted $0.90 EPS. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Equities analysts expect that Danaher Corporation will post $3.94 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, June 30th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.56 annualized dividend and a dividend yield of 0.67%. Danaher Corporation’s dividend payout ratio (DPR) is 17.02%.

Several analysts have recently weighed in on the stock. BidaskClub raised shares of Danaher Corporation from a “sell” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company assumed coverage on shares of Danaher Corporation in a report on Thursday, July 13th. They issued a “market perform” rating and a $90.00 target price on the stock. Zacks Investment Research downgraded shares of Danaher Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $88.00 target price on shares of Danaher Corporation in a report on Wednesday, July 12th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $97.00 target price on shares of Danaher Corporation in a report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Danaher Corporation currently has an average rating of “Buy” and an average target price of $92.11.

In other news, EVP William K. Daniel sold 17,444 shares of the firm’s stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of $83.07, for a total transaction of $1,449,073.08. Following the completion of the transaction, the executive vice president now owns 132,995 shares in the company, valued at approximately $11,047,894.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Angela S. Lalor sold 10,815 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $84.16, for a total transaction of $910,190.40. Following the transaction, the senior vice president now owns 39,020 shares of the company’s stock, valued at approximately $3,283,923.20. The disclosure for this sale can be found here. Company insiders own 12.20% of the company’s stock.

Danaher Corporation Company Profile

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.

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