Dillon & Associates Inc. Purchases 4,376 Shares of Danaher Corporation (DHR)

Dillon & Associates Inc. grew its position in shares of Danaher Corporation (NYSE:DHR) by 12.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,332 shares of the conglomerate’s stock after acquiring an additional 4,376 shares during the quarter. Danaher Corporation accounts for 1.4% of Dillon & Associates Inc.’s holdings, making the stock its 27th biggest position. Dillon & Associates Inc.’s holdings in Danaher Corporation were worth $3,304,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DHR. BlackRock Inc. boosted its position in Danaher Corporation by 2,530.9% during the 1st quarter. BlackRock Inc. now owns 37,967,922 shares of the conglomerate’s stock worth $3,247,398,000 after acquiring an additional 36,524,795 shares during the last quarter. Flossbach Von Storch AG boosted its position in Danaher Corporation by 44.7% during the 2nd quarter. Flossbach Von Storch AG now owns 5,782,019 shares of the conglomerate’s stock worth $487,945,000 after acquiring an additional 1,785,810 shares during the last quarter. Vanguard Group Inc. boosted its position in Danaher Corporation by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 40,967,631 shares of the conglomerate’s stock worth $3,503,962,000 after acquiring an additional 1,530,015 shares during the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Danaher Corporation during the 1st quarter worth approximately $116,462,000. Finally, Marshall Wace North America L.P. acquired a new position in Danaher Corporation during the 1st quarter worth approximately $116,462,000. 75.69% of the stock is owned by hedge funds and other institutional investors.

DHR has been the subject of a number of recent research reports. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $95.00 price target on shares of Danaher Corporation in a research report on Friday, September 8th. BidaskClub downgraded Danaher Corporation from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Wells Fargo & Company reissued a “market perform” rating on shares of Danaher Corporation in a report on Saturday, July 22nd. Citigroup Inc. set a $96.00 price objective on Danaher Corporation and gave the company a “buy” rating in a report on Friday, July 21st. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $88.00 price objective on shares of Danaher Corporation in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Danaher Corporation currently has a consensus rating of “Buy” and a consensus target price of $92.62.

In other Danaher Corporation news, insider William King sold 7,458 shares of the business’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $82.97, for a total value of $618,790.26. Following the transaction, the insider now owns 18,245 shares of the company’s stock, valued at $1,513,787.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Linda P. Hefner sold 10,578 shares of the business’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $83.03, for a total value of $878,291.34. Following the completion of the transaction, the director now directly owns 42,151 shares in the company, valued at approximately $3,499,797.53. The disclosure for this sale can be found here. In the last three months, insiders sold 71,496 shares of company stock worth $5,916,223. Insiders own 12.20% of the company’s stock.

Shares of Danaher Corporation (NYSE:DHR) opened at 87.17 on Wednesday. Danaher Corporation has a 12-month low of $75.71 and a 12-month high of $88.62. The firm has a market cap of $60.56 billion, a P/E ratio of 27.82 and a beta of 1.03. The stock has a 50 day moving average price of $85.42 and a 200 day moving average price of $84.17.

Danaher Corporation (NYSE:DHR) last announced its quarterly earnings results on Thursday, July 20th. The conglomerate reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.02. Danaher Corporation had a return on equity of 11.15% and a net margin of 12.63%. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.50 billion. During the same quarter in the prior year, the company posted $0.90 earnings per share. Danaher Corporation’s revenue was up 6.3% compared to the same quarter last year. On average, equities analysts expect that Danaher Corporation will post $3.96 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, September 29th will be given a $0.14 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.56 annualized dividend and a yield of 0.64%. Danaher Corporation’s dividend payout ratio is currently 17.83%.

TRADEMARK VIOLATION NOTICE: “Dillon & Associates Inc. Purchases 4,376 Shares of Danaher Corporation (DHR)” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/11/dillon-associates-inc-purchases-4376-shares-of-danaher-corporation-dhr.html.

About Danaher Corporation

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and comme

A number of other large investors have also recently added to or reduced their stakes in DHR. BlackRock Inc. boosted its position in Danaher Corporation by 2,530.9% during the 1st quarter. BlackRock Inc. now owns 37,967,922 shares of the conglomerate’s stock worth $3,247,398,000 after acquiring an additional 36,524,795 shares during the last quarter. Flossbach Von Storch AG boosted its position in Danaher Corporation by 44.7% during the 2nd quarter. Flossbach Von Storch AG now owns 5,782,019 shares of the conglomerate’s stock worth $487,945,000 after acquiring an additional 1,785,810 shares during the last quarter. Vanguard Group Inc. boosted its position in Danaher Corporation by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 40,967,631 shares of the conglomerate’s stock worth $3,503,962,000 after acquiring an additional 1,530,015 shares during the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Danaher Corporation during the 1st quarter worth approximately $116,462,000. Finally, Marshall Wace North America L.P. acquired a new position in Danaher Corporation during the 1st quarter worth approximately $116,462,000. 75.69% of the stock is owned by hedge funds and other institutional investors.

DHR has been the subject of a number of recent research reports. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $95.00 price target on shares of Danaher Corporation in a research report on Friday, September 8th. BidaskClub downgraded Danaher Corporation from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Wells Fargo & Company reissued a “market perform” rating on shares of Danaher Corporation in a report on Saturday, July 22nd. Citigroup Inc. set a $96.00 price objective on Danaher Corporation and gave the company a “buy” rating in a report on Friday, July 21st. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $88.00 price objective on shares of Danaher Corporation in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Danaher Corporation currently has a consensus rating of “Buy” and a consensus target price of $92.62.

In other Danaher Corporation news, insider William King sold 7,458 shares of the business’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $82.97, for a total value of $618,790.26. Following the transaction, the insider now owns 18,245 shares of the company’s stock, valued at $1,513,787.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Linda P. Hefner sold 10,578 shares of the business’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $83.03, for a total value of $878,291.34. Following the completion of the transaction, the director now directly owns 42,151 shares in the company, valued at approximately $3,499,797.53. The disclosure for this sale can be found here. In the last three months, insiders sold 71,496 shares of company stock worth $5,916,223. Insiders own 12.20% of the company’s stock.

Shares of Danaher Corporation (NYSE:DHR) opened at 87.17 on Wednesday. Danaher Corporation has a 12-month low of $75.71 and a 12-month high of $88.62. The firm has a market cap of $60.56 billion, a P/E ratio of 27.82 and a beta of 1.03. The stock has a 50 day moving average price of $85.42 and a 200 day moving average price of $84.17.

Danaher Corporation (NYSE:DHR) last announced its quarterly earnings results on Thursday, July 20th. The conglomerate reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.02. Danaher Corporation had a return on equity of 11.15% and a net margin of 12.63%. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.50 billion. During the same quarter in the prior year, the company posted $0.90 earnings per share. Danaher Corporation’s revenue was up 6.3% compared to the same quarter last year. On average, equities analysts expect that Danaher Corporation will post $3.96 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, September 29th will be given a $0.14 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.56 annualized dividend and a yield of 0.64%. Danaher Corporation’s dividend payout ratio is currently 17.83%.

TRADEMARK VIOLATION NOTICE: “Dillon & Associates Inc. Purchases 4,376 Shares of Danaher Corporation (DHR)” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/11/dillon-associates-inc-purchases-4376-shares-of-danaher-corporation-dhr.html.

About Danaher Corporation

Danaher Corporation (Danaher) designs, manufactures and markets professional, medical, industrial and commercial products and services. The Company operates through four segments: Life Sciences, which offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines; Diagnostics; which offers analytical instruments, reagents, consumables, software and services; Dental, which provides products that are used to diagnose, treat and prevent disease and ailments of the teeth, gums and supporting bone, and Environmental & Applied Solutions, which consists of various lines of business, including water quality and product identification.

Institutional Ownership by Quarter for Danaher Corporation (NYSE:DHR)

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