Danaher Corporation (DHR) : Badgley Phelps Bell Inc scooped up 5,926 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 136,581 shares of Danaher Corporation which is valued at $13,263,381.Danaher Corporation makes up approximately 1.25% of Badgley Phelps Bell Inc’s portfolio.
Danaher Corporation opened for trading at $96.07 and hit $97.19 on the upside on Friday, eventually ending the session at $97.11, with a gain of 1.04% or 1 points. The heightened volatility saw the trading volume jump to 21,84,470 shares. Company has a market cap of $66,879 M.
Other Hedge Funds, Including , American Century Companies Inc sold out all of its stake in DHR during the most recent quarter. The investment firm sold 67,701 shares of DHR which is valued $6,574,444.Pitcairn Co reduced its stake in DHR by selling 2,223 shares or 4.49% in the most recent quarter. The Hedge Fund company now holds 47,268 shares of DHR which is valued at $4,573,179. Danaher Corporation makes up approx 0.58% of Pitcairn Co’s portfolio.Locust Wood Capital Advisers boosted its stake in DHR in the latest quarter, The investment management firm added 10,263 additional shares and now holds a total of 337,893 shares of Danaher Corporation which is valued at $32,691,148. Danaher Corporation makes up approx 3.47% of Locust Wood Capital Advisers’s portfolio.Family Capital Trust Co boosted its stake in DHR in the latest quarter, The investment management firm added 1,088 additional shares and now holds a total of 32,224 shares of Danaher Corporation which is valued at $3,107,038. Danaher Corporation makes up approx 1.77% of Family Capital Trust Co’s portfolio.First Western Capital Management Co reduced its stake in DHR by selling 1,386 shares or 2.77% in the most recent quarter. The Hedge Fund company now holds 48,712 shares of DHR which is valued at $4,696,811. Danaher Corporation makes up approx 1.64% of First Western Capital Management Co’s portfolio.
On the company’s financial health, Danaher Corporation reported $1.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $1.03. The company had revenue of $5387.20 million for the quarter, compared to analysts expectations of $5329.83 million. The company’s revenue was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 EPS.
Many Wall Street Analysts have commented on Danaher Corporation. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 96 from a previous price target of $87 .Company shares were Reiterated by Stifel on Apr 22, 2016 to “Buy”, Firm has raised the Price Target to $ 110 from a previous price target of $109 .Company shares were Reiterated by Barclays on Apr 22, 2016 to “Overweight”, Firm has raised the Price Target to $ 105 from a previous price target of $104 .
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 Companys 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 Companys Industrial Technologies solutions help protect the worlds food supply improve packaging design and quality verify pharmaceutical dosages and authenticity and power innovative machines.