Danaher Corporation (DHR) : Van Hulzen Asset Management scooped up 2,035 additional shares in Danaher Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 37,358 shares of Danaher Corporation which is valued at $3,040,568.Danaher Corporation makes up approximately 1.68% of Van Hulzen Asset Management’s portfolio.
Other Hedge Funds, Including , Rhumbline Advisers boosted its stake in DHR in the latest quarter, The investment management firm added 59,549 additional shares and now holds a total of 1,024,462 shares of Danaher Corporation which is valued at $83,380,962. Danaher Corporation makes up approx 0.24% of Rhumbline Advisers’s portfolio.Tirschwell Loewy Inc reduced its stake in DHR by selling 4,300 shares or 1.71% in the most recent quarter. The Hedge Fund company now holds 246,596 shares of DHR which is valued at $20,097,574. Danaher Corporation makes up approx 3.32% of Tirschwell Loewy Inc’s portfolio.Mcrae Capital Management Inc reduced its stake in DHR by selling 900 shares or 5.41% in the most recent quarter. The Hedge Fund company now holds 15,725 shares of DHR which is valued at $1,273,411. Danaher Corporation makes up approx 0.57% of Mcrae Capital Management Inc’s portfolio.Quadrant Capital Group boosted its stake in DHR in the latest quarter, The investment management firm added 28 additional shares and now holds a total of 3,799 shares of Danaher Corporation which is valued at $309,391. Danaher Corporation makes up approx 0.20% of Quadrant Capital Group’s portfolio.Arcadia Investment Management Corpmi boosted its stake in DHR in the latest quarter, The investment management firm added 16,445 additional shares and now holds a total of 43,870 shares of Danaher Corporation which is valued at $3,550,838. Danaher Corporation makes up approx 1.12% of Arcadia Investment Management Corpmi’s portfolio.
Danaher Corporation opened for trading at $81.16 and hit $81.33 on the upside on Tuesday, eventually ending the session at $81.03, with a gain of 0.12% or 0.1 points. The heightened volatility saw the trading volume jump to 22,05,013 shares. Company has a market cap of $55,954 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.