Accretive Wealth Partners and other investment firms like
Gryphon Financial Partners and
TrinityPoint Wealth have increased their positions in
Danaher Corporation (DHR). Meanwhile, firms such as
Scotia Capital and
Stifel FinancialCorp have reduced their holdings. The company's performance has been a mixed bag with periods of
underperformance in the market, but also instances of market outperformance.
Danaher's Q3 earnings were impressive, although revenues missed expectations, and the company has issued higher guidance. There are suggestions that the firm is bracing itself to redeem
$875M worth of senior notes. Impressively, insiders are seen trading the company's shares, including the president and CEO,
Rainer Blair who discretely sold over 9000 shares. Despite some headwinds, the company's prospects are said to be bright with some urging investors to hold the stock due to its
business strength but warning that Danaher might surprise during the earnings season. While the company's
Q1 2024 earnings appear to convey mixed results in a challenging market, have positioned Danaher Corporation as a good medium-term bet, with potential to rebound to pre-inflation shock highs of
$300.
Danaher Corporation DHR News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Sun, 02 Jun 2024 14:44:41 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor 0
