Danaher Corporation (DHR) : United Capital Financial Advisers reduced its stake in Danaher Corporation by 0.78% during the most recent quarter end. The investment management company now holds a total of 378,309 shares of Danaher Corporation which is valued at $36.8 Million after selling 2,959 shares in Danaher Corporation , the firm said in a disclosure report filed with the SEC on May 11, 2016.Danaher Corporation makes up approximately 0.41% of United Capital Financial Advisers’s portfolio.
Other Hedge Funds, Including , Stack Financial Management Inc reduced its stake in DHR by selling 1,609 shares or 0.64% in the most recent quarter. The Hedge Fund company now holds 250,360 shares of DHR which is valued at $24.4 Million. Danaher Corporation makes up approx 2.93% of Stack Financial Management Inc’s portfolio.Stearns Financial Services Group reduced its stake in DHR by selling 51 shares or 2.15% in the most recent quarter. The Hedge Fund company now holds 2,322 shares of DHR which is valued at $226,093. Danaher Corporation makes up approx 0.07% of Stearns Financial Services Group’s portfolio.Winslow Capital Management boosted its stake in DHR in the latest quarter, The investment management firm added 1,664,271 additional shares and now holds a total of 6,455,792 shares of Danaher Corporation which is valued at $628.6 Million. Danaher Corporation makes up approx 2.47% of Winslow Capital Management’s portfolio.Cypress Asset Management Inctx reduced its stake in DHR by selling 225 shares or 1.14% in the most recent quarter. The Hedge Fund company now holds 19,565 shares of DHR which is valued at $1.9 Million. Danaher Corporation makes up approx 0.38% of Cypress Asset Management Inctx’s portfolio.Hl Financial Services boosted its stake in DHR in the latest quarter, The investment management firm added 532 additional shares and now holds a total of 5,409 shares of Danaher Corporation which is valued at $523,321. Danaher Corporation makes up approx 0.01% of Hl Financial Services’s portfolio.
Danaher Corporation opened for trading at $97.71 and hit $98.9201 on the upside on Monday, eventually ending the session at $98.65, with a gain of 1.31% or 1.28 points. The heightened volatility saw the trading volume jump to 23,87,699 shares. Company has a market cap of $67,940 M.
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.