Danaher Corporation (DHR) : Middleton Co Incma scooped up 7,275 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 21, 2016. The investment management firm now holds a total of 166,982 shares of Danaher Corporation which is valued at $13,565,618.Danaher Corporation makes up approximately 3.00% of Middleton Co Incma’s portfolio.
Other Hedge Funds, Including , Train Babcock Advisors reduced its stake in DHR by selling 138 shares or 0.46% in the most recent quarter. The Hedge Fund company now holds 29,951 shares of DHR which is valued at $2,433,219. Danaher Corporation makes up approx 0.93% of Train Babcock Advisors’s portfolio.Capital City Trust Cofl reduced its stake in DHR by selling 758 shares or 2.02% in the most recent quarter. The Hedge Fund company now holds 36,831 shares of DHR which is valued at $2,992,150. Danaher Corporation makes up approx 1.18% of Capital City Trust Cofl’s portfolio.Murphy Capital Management Inc reduced its stake in DHR by selling 1,550 shares or 21.53% in the most recent quarter. The Hedge Fund company now holds 5,650 shares of DHR which is valued at $459,854. Danaher Corporation makes up approx 0.07% of Murphy Capital Management Inc’s portfolio. Sentinel Trust Co Lba sold out all of its stake in DHR during the most recent quarter. The investment firm sold 2,805 shares of DHR which is valued $228,299.Trust Co Of Oklahoma reduced its stake in DHR by selling 1,859 shares or 4.06% in the most recent quarter. The Hedge Fund company now holds 43,887 shares of DHR which is valued at $3,552,214. Danaher Corporation makes up approx 1.91% of Trust Co Of Oklahoma’s portfolio.
Danaher Corporation opened for trading at $81.1 and hit $81.35 on the upside on Thursday, eventually ending the session at $81.18, with a gain of 0.41% or 0.33 points. The heightened volatility saw the trading volume jump to 27,55,524 shares. Company has a market cap of $56,058 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 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.