Burgundy Asset Management Ltd. Invests $48.73 Million in Danaher Corporation $DHR

05 Mar 2026, 05:50 by Scott Moore · The Cerbat Gem

Burgundy Asset Management Ltd. bought a new stake in Danaher Corporation (NYSE:DHR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 236,772 shares of the conglomerate’s stock, valued at approximately $48,732,000.

A number of other institutional investors have also recently added to or reduced their stakes in DHR. Vanguard Group Inc. grew its stake in shares of Danaher by 1.3% in the second quarter. Vanguard Group Inc. now owns 60,769,587 shares of the conglomerate’s stock valued at $12,004,424,000 after buying an additional 788,499 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Danaher by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 13,726,194 shares of the conglomerate’s stock worth $2,697,800,000 after acquiring an additional 81,670 shares during the period. Norges Bank acquired a new stake in Danaher in the second quarter valued at approximately $1,979,503,000. Generation Investment Management LLP raised its stake in shares of Danaher by 34.0% during the third quarter. Generation Investment Management LLP now owns 6,654,666 shares of the conglomerate’s stock valued at $1,319,354,000 after purchasing an additional 1,689,020 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Danaher by 4.0% during the second quarter. Franklin Resources Inc. now owns 4,822,442 shares of the conglomerate’s stock worth $952,625,000 after purchasing an additional 186,357 shares in the last quarter. 79.05% of the stock is owned by hedge funds and other institutional investors.

Danaher Trading Up 0.4%

NYSE DHR opened at $204.74 on Thursday. The firm has a market capitalization of $144.78 billion, a PE ratio of 40.62, a price-to-earnings-growth ratio of 2.76 and a beta of 0.93. Danaher Corporation has a one year low of $171.00 and a one year high of $242.80. The company has a 50-day simple moving average of $223.81 and a 200-day simple moving average of $216.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.51 and a current ratio of 1.87.

Danaher (NYSE:DHR – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The conglomerate reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.09. Danaher had a return on equity of 10.81% and a net margin of 14.71%.The business had revenue of $6.84 billion during the quarter, compared to analyst estimates of $6.79 billion. During the same quarter in the previous year, the firm posted $2.14 EPS. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, equities analysts forecast that Danaher Corporation will post 7.63 earnings per share for the current year.

Danaher Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, March 27th will be issued a $0.40 dividend. This is a boost from Danaher’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, March 27th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.8%. Danaher’s dividend payout ratio is 25.40%.

Analysts Set New Price Targets

A number of research firms recently weighed in on DHR. Wells Fargo & Company raised their price target on shares of Danaher from $230.00 to $240.00 and gave the company an “equal weight” rating in a report on Monday, December 15th. HSBC raised their target price on Danaher from $255.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, December 1st. Wall Street Zen upgraded Danaher from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. KeyCorp reissued an “overweight” rating on shares of Danaher in a report on Thursday, January 29th. Finally, Jefferies Financial Group lifted their price objective on Danaher from $255.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Twenty research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $253.86.

Get Our Latest Research Report on DHR

Insiders Place Their Bets

In other Danaher news, EVP Gregory M. Milosevich sold 1,320 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $208.01, for a total value of $274,573.20. Following the sale, the executive vice president owned 5,099 shares in the company, valued at approximately $1,060,642.99. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.10% of the stock is currently owned by corporate insiders.

About Danaher

(Free Report)

Danaher Corporation (NYSE: DHR) is a global science and technology company that designs, manufactures and markets products and services for the life sciences, diagnostics, and environmental and applied markets. The company organizes its operations into business segments focused on Life Sciences, Diagnostics, and Environmental & Applied Solutions, supplying instruments, reagents, software and related services that support research, clinical testing, biopharmaceutical development, and industrial and environmental monitoring.