Robecosam Ag buys $42,892,042 stake in Danaher Corporation (DHR)

Danaher Corporation (DHR) : Robecosam Ag scooped up 20,732 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 526,994 shares of Danaher Corporation which is valued at $42,892,042.Danaher Corporation makes up approximately 3.67% of Robecosam Ag’s portfolio.

Other Hedge Funds, Including , Johnson Financial Group boosted its stake in DHR in the latest quarter, The investment management firm added 4,211 additional shares and now holds a total of 9,434 shares of Danaher Corporation which is valued at $767,833. Danaher Corporation makes up approx 0.10% of Johnson Financial Group’s portfolio.First Trust Advisors Lp boosted its stake in DHR in the latest quarter, The investment management firm added 39,436 additional shares and now holds a total of 157,489 shares of Danaher Corporation which is valued at $12,835,354. Danaher Corporation makes up approx 0.04% of First Trust Advisors Lp’s portfolio.Woodstock Corp reduced its stake in DHR by selling 250 shares or 5.38% in the most recent quarter. The Hedge Fund company now holds 4,400 shares of DHR which is valued at $356,312. Danaher Corporation makes up approx 0.07% of Woodstock Corp’s portfolio.Nippon Life Insurance Co reduced its stake in DHR by selling 2,458 shares or 8.33% in the most recent quarter. The Hedge Fund company now holds 27,063 shares of DHR which is valued at $2,191,562. Danaher Corporation makes up approx 0.05% of Nippon Life Insurance Co’s portfolio.Mckinley Carter Wealth Services boosted its stake in DHR in the latest quarter, The investment management firm added 974 additional shares and now holds a total of 24,482 shares of Danaher Corporation which is valued at $1,982,552. Danaher Corporation makes up approx 1.01% of Mckinley Carter Wealth Services’s portfolio.

Danaher Corporation opened for trading at $81.19 and hit $82.08 on the upside on Monday, eventually ending the session at $81.84, with a gain of 0.79% or 0.64 points. The heightened volatility saw the trading volume jump to 25,27,394 shares. Company has a market cap of $56,514 M.

On the company’s financial health, Danaher Corporation reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $1.22. The company had revenue of $5785.00 million for the quarter, compared to analysts expectations of $5766.84 million. The company’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.

Many Wall Street Analysts have commented on Danaher Corporation. Shares were Reiterated by Barclays on Jul 11, 2016 to “Overweight” and Lowered the Price Target to $ 86 from a previous price target of $105 .Danaher Corporation was Initiated by Goldman to “Neutral” on Jul 5, 2016. Danaher Corporation was Upgraded by Bernstein to ” Outperform” on Jun 24, 2016.

Danaher Corporation (Danaher) designs manufactures and markets professional medical industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental and Industrial Technologies. The Test & Measurement segment offers test measurement and monitoring products. The Environmental segment products and services help protect the global water supply facilitate environmental stewardship and enhance the safety of personal data. The Company’s diagnostics business offers analytical instruments reagents consumables software and services. The Dental segment provides products that are used to diagnose treat and prevent disease and ailments of the teeth gums and supporting bone. The Company’s Industrial Technologies solutions help protect the world’s food supply improve packaging design and quality verify pharmaceutical dosages and authenticity and power innovative machines.

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