Danaher Corp. (NYSE: DHR) is 14.42% higher on its value in year-to-date trading and has touched a low of $182.09 and a high of $281.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DHR stock was last observed hovering at around $264.49 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $264.71, the stock is -1.27% and 1.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 0.08% at the moment leaves the stock 6.91% off its SMA200. DHR registered 14.49% gain for a year compared to 6-month gain of 4.67%.
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The stock witnessed a -1.58% loss in the last 1 month and extending the period to 3 months gives it a -1.17%, and is -0.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.69% over the week and 1.53% over the month.
Danaher Corp. (DHR) has around 63000 employees, a market worth around $191.18B and $24.82B in sales. Current P/E ratio is 46.98 and Fwd P/E is 30.63. Profit margin for the company is 16.94%. Distance from 52-week low is 45.37% and -6.03% from its 52-week high. The company has generated returns on investments over the last 12 months (6.35%).
The EPS is expected to shrink by -0.14% this year
2938.0 institutions hold shares in Danaher Corp. (DHR), with institutional investors hold 92.96% of the company’s shares. The shares outstanding are 739.20M, and float is at 657.05M with Short Float at 0.97%. Institutions hold 82.73% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 60.49 million shares valued at $15.11 billion. The investor’s holdings represent 8.1684 of the DHR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 50.54 million shares valued at $12.63 billion to account for 6.8241 of the shares outstanding. The other top investors are STATE STREET CORP which holds 27.67 million shares representing 3.7366 and valued at over $6.92 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 3.3051 of the shares totaling 24.48 million with a market value of $6.12 billion.
Danaher Corp. (DHR) Insider Activity
The most recent transaction is an insider sale by Couchara Georgeann, the company’s SVP, Human Resources. SEC filings show that Couchara Georgeann sold 952 shares of the company’s common stock on Aug 26 ’24 at a price of $268.37 per share for a total of $0.26 million. Following the sale, the insider now owns 4212.0 shares.
Still, SEC filings show that on Aug 13 ’24, Glenstone Foundation () Proposed Sale 47,937 shares at an average price of $267.20 for $12.81 million. The insider now directly holds shares of Danaher Corp. (DHR).
