Chesley Taft Associates buys $12,003,958 stake in Danaher Corporation (DHR)

Danaher Corporation (DHR) : Chesley Taft Associates scooped up 34,375 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 157,615 shares of Danaher Corporation which is valued at $12,003,958.Danaher Corporation makes up approximately 1.23% of Chesley Taft Associates’s portfolio.

Other Hedge Funds, Including , Reliance Trust Co Of Delaware boosted its stake in DHR in the latest quarter, The investment management firm added 2,016 additional shares and now holds a total of 26,066 shares of Danaher Corporation which is valued at $1,985,187. Danaher Corporation makes up approx 0.18% of Reliance Trust Co Of Delaware’s portfolio.Hills Bank Trust Co reduced its stake in DHR by selling 7,575 shares or 40.29% in the most recent quarter. The Hedge Fund company now holds 11,228 shares of DHR which is valued at $878,254. Danaher Corporation makes up approx 0.32% of Hills Bank Trust Co’s portfolio.Perkins Coie Trust Co boosted its stake in DHR in the latest quarter, The investment management firm added 933 additional shares and now holds a total of 28,652 shares of Danaher Corporation which is valued at $2,241,159. Danaher Corporation makes up approx 1.43% of Perkins Coie Trust Co’s portfolio.Capital Investment Services Of America boosted its stake in DHR in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 179,463 shares of Danaher Corporation which is valued at $14,042,980. Danaher Corporation makes up approx 2.69% of Capital Investment Services Of America’s portfolio.

Danaher Corporation closed down -0.05 points or -0.07% at $76.16 with 32,21,072 shares getting traded on Friday. Post opening the session at $76.76, the shares hit an intraday low of $76.04 and an intraday high of $76.8 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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.

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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