Pro-Danaher Corp Institutional Investors Sentiment Runs High in 2018 Q2

September 30, 2018 - By Kristin Houston

Sentiment for Danaher Corp (NYSE:DHR)

Danaher Corp (NYSE:DHR) institutional sentiment increased to 1.06 in Q2 2018. Its up 0.09, from 0.97 in 2018Q1. The ratio has increased, as 419 active investment managers started new or increased positions, while 397 trimmed and sold holdings in Danaher Corp. The active investment managers in our partner’s database now possess: 517.64 million shares, up from 515.71 million shares in 2018Q1. Also, the number of active investment managers holding Danaher Corp in their top 10 positions decreased from 48 to 38 for a decrease of 10. Sold All: 25 Reduced: 372 Increased: 326 New Position: 93.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial services and products worldwide. The company has market cap of $76.04 billion. The companyÂ’s Life Sciences segment provides laser scanning, compound, and surgical and other stereo microscopes. It has a 28.81 P/E ratio. This segment also offers filtration, separation, and purification technologies to the biopharmaceutical, food and beverage, medical, aerospace, microelectronics, and general industrial sectors.

The stock increased 0.44% or $0.48 during the last trading session, reaching $108.66. About 1.95M shares traded. Danaher Corporation (NYSE:DHR) has risen 21.22% since September 30, 2017 and is uptrending. It has outperformed by 5.60% the S&P500.

Analysts await Danaher Corporation (NYSE:DHR) to report earnings on October, 18. They expect $1.08 earnings per share, up 8.00 % or $0.08 from last year’s $1 per share. DHR’s profit will be $755.73M for 25.15 P/E if the $1.08 EPS becomes a reality. After $1.15 actual earnings per share reported by Danaher Corporation for the previous quarter, Wall Street now forecasts -6.09 % negative EPS growth.

Cortland Associates Inc Mo holds 7.45% of its portfolio in Danaher Corporation for 466,135 shares. Flossbach Von Storch Ag owns 5.55 million shares or 5.37% of their US portfolio. Moreover, Impax Asset Management Ltd has 5.01% invested in the company for 2.09 million shares. The California-based Guinness Atkinson Asset Management Inc has invested 4.42% in the stock. Lincoln Capital Llc, a Nebraska-based fund reported 79,559 shares.

Since January 1, 0001, it had 0 insider buys, and 7 sales for $43.15 million activity.

Danaher Corporation (NYSE:DHR) Ratings Coverage

Ratings analysis reveals 80% of Danaher Corp’s analysts are positive. Out of 5 Wall Street analysts rating Danaher Corp, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $10100 while the high is $122. The stock’s average target of $112 is 3.07% above today’s ($108.66) share price. DHR was included in 9 notes of analysts from April 3, 2018. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, April 19 report. Robert W. Baird maintained Danaher Corporation (NYSE:DHR) on Thursday, April 19 with “Buy” rating. The firm earned “Overweight” rating on Friday, April 20 by Morgan Stanley. Morgan Stanley maintained the shares of DHR in report on Tuesday, April 10 with “Overweight” rating. As per Tuesday, April 3, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Morgan Stanley on Friday, July 13 with “Overweight”. On Thursday, April 19 the stock rating was maintained by RBC Capital Markets with “Hold”. Morgan Stanley maintained Danaher Corporation (NYSE:DHR) rating on Friday, July 20. Morgan Stanley has “Overweight” rating and $122 target. The rating was maintained by Jefferies with “Buy” on Thursday, April 19.

More news for Danaher Corporation (NYSE:DHR) were recently published by: Seekingalpha.com, which released: “Danaher investor/analyst event September 18” on September 17, 2018. Seekingalpha.com‘s article titled: “Danaher’s Pall Investor Meeting Underscores Several Business Strengths” and published on September 20, 2018 is yet another important article.

Danaher Corporation (NYSE:DHR) Institutional Positions Chart

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