Dana is a world leader in providing power-conveyance and energy-management solutions that are engineered to improve the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. Enabling the propulsion of conventional, hybrid, and electric-powered vehicles, Dana equips its customers with critical drive and motion systems; electrodynamic technologies; and thermal, sealing, and digital solutions.
Based in Maumee, Ohio, USA, the company reported sales of $8.6 billion in 2019 with 36,000 associates in 34 countries across six continents. Founded in 1904, Dana has been recognized by Forbes magazine as a World's Best Employer with a high-performance culture that focuses on its people and has earned recognition globally as a top employer.
Company profile
Ticker
DAN
Exchange
Website
CEO
James Kamsickas
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Icahn Enterprises • Magna International • Adient • Aptiv • Lear • Autoliv • BorgWarner • Visteon • Allison Transmission ...
Former names
DANA CORP, DANA HOLDING CORP
SEC CIK
Corporate docs
Subsidiaries
Allied Transmissions (S.E.A.) PTE LTD • BPE SRL • Brevini India Private Limited • Dana Anand Private Limited • Dana Australia • Dana Automocion, S.A. • Dana Automotive Aftermarket, Inc. • Dana Automotive Systems Group, LLC • Dana (Beijing) Electric Motor Co., Ltd. • Dana Belgium NV ...
IRS number
261531856
DAN stock data
News
Dana Wins $2.7M Grant For e-Powertrain Development
17 Jun 22
Dana Reports Confirmed Strategic Supply Relationship With Current Original Equipment Manufacturer Lion Electric To Support Its Line Up Of Electric Buses, Medium-, Heavy-Duty Trucks, No Terms Disclosed
10 May 22
Credit Suisse Maintains Outperform on Dana, Lowers Price Target to $20
29 Apr 22
Wells Fargo Maintains Equal-Weight on Dana, Lowers Price Target to $15
28 Apr 22
RBC Capital Maintains Outperform on Dana, Lowers Price Target to $17
28 Apr 22
Press releases
Dana Awarded $2.7 Million Grant to Develop e-Powertrain for OX Delivers
17 Jun 22
Dana Incorporated to Participate in Deutsche Bank Global Auto Industry Conference
7 Jun 22
Dana and Lion Electric Co. Announce Long-term Agreement for Electrified Systems
10 May 22
Dana Incorporated to Participate in Oppenheimer Industrial Growth and Wells Fargo Industrials Conferences
28 Apr 22
Dana Incorporated Reports 2022 First-quarter Financial Results
27 Apr 22
Analyst ratings and price targets
Current price
Average target
$18.20
Low target
$15.00
High target
$21.00
Credit Suisse
Maintains
$20.00
Wells Fargo
Maintains
$15.00
RBC Capital
Maintains
$17.00
Deutsche Bank
Maintains
$21.00
Barclays
Downgraded
$18.00
Calendar
28 Apr 22
26 Jun 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 280M | 280M | 280M | 280M | 280M | 280M |
| Cash burn (monthly) | 2.33M | 17.75M | (no burn) | (no burn) | 40.33M | (no burn) |
| Cash used (since last report) | 6.7M | 50.97M | n/a | n/a | 115.82M | n/a |
| Cash remaining | 273.3M | 229.03M | n/a | n/a | 164.18M | n/a |
| Runway (months of cash) | 117.1 | 12.9 | n/a | n/a | 4.1 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 May 22 | Aghili Aziz | Dividend Equivalent Rights Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 687 | 0 | 3,169 |
| 27 May 22 | Liedberg Douglas H | Dividend Equivalent Rights Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 509 | 0 | 2,371 |
| 27 May 22 | Timothy R Kraus | Dividend Equivalent Rights Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 336 | 0 | 1,110 |
| 27 May 22 | Kamsky Virginia A | Dividend Equivalent Rights Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 40 | 0 | 77 |
| 27 May 22 | Kamsickas James Kevin | Dividend Equivalent Rights Common Stock, par value $0.01 | Grant | Acquire A | No | No | 0 | 3,288 | 0 | 15,514 |
Institutional ownership, Q1 2022
96.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 270 |
| Opened positions | 39 |
| Closed positions | 42 |
| Increased positions | 97 |
| Reduced positions | 94 |
| 13F shares | Current |
|---|---|
| Total value | 2.43B |
| Total shares | 138.3M |
| Total puts | 303.3K |
| Total calls | 314K |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 15.96M | $280.44M |
| Icahn Carl C Et Al | 14.29M | $251.01M |
| Vanguard | 13.4M | $235.47M |
| Dimensional Fund Advisors | 7.29M | $128.16M |
| IVZ Invesco | 6.45M | $113.38M |
| NMR Nomura | 5.93M | $101.76M |
| Alliancebernstein | 5.06M | $88.83M |
| PZN Pzena Investment Management | 4.87M | $85.49M |
| STT State Street | 4.82M | $84.73M |
| GBL Gamco Investors | 3.61M | $63.46M |
Financial report summary
?Content analysis
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| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
AB, acquiree, assistance, baht, Belarusian, broader, calendar, clarification, comparison, conflict, counter, COVID, deteriorating, difficult, emission, foregoing, geopolitical, GmbH, impose, imposed, instability, invaded, invasion, investigating, leader, lessened, machinery, modest, multiple, notification, partner, policy, political, Prestolite, retaliatory, rupee, Russia, Russian, show, showing, situation, slightly, SME, strength, Sweden, Thai, Timothy, trade, Ukraine, weakened, worsen
Removed:
add, adding, anticipate, Bendix, blended, bolstered, book, bore, Brake, bridge, bringing, BSFB, burden, calculating, ceased, ceiling, centric, closure, consolidate, cushion, direct, dissipating, dissipation, elevated, elimination, enacted, entering, evenly, exchanged, exercise, experiencing, Facilitation, fall, fell, finalized, floor, fourth, franchise, front, funding, Hubei, hybridization, importance, indirect, initial, insignificant, interbank, intraperiod, Jonathan, launching, LIBOR, London, long, magnet, measurement, methodology, minimum, month, offered, optional, outbreak, paramount, partnership, peaking, penalty, performed, permanent, port, predetermined, preferred, prepay, preserving, prospectively, province, quoted, rapid, realize, rebounding, reduced, refinancing, repay, repeating, resume, retrospectively, segregated, settling, shortage, shut, Simplifying, slowly, slump, stabilize, steadily, steady, subsequent, subsequently, tail, temporary, transition, unfunded, unit, wind, wrote
Financial reports
Current reports
8-K
Dana Incorporated Reports 2022 First-quarter Financial Results
27 Apr 22
8-K
Submission of Matters to a Vote of Security Holders
26 Apr 22
8-K
Issues Guidance for 2022
23 Feb 22
8-K
Departure of Directors or Certain Officers
22 Feb 22
8-K
Dana Incorporated Announces Two Appointments to Board of Directors; Reaches Agreement with Icahn Capital
7 Jan 22
8-K
Dana Incorporated Appoints Ernesto M. Hernández to its Board of Directors
4 Jan 22
8-K
Dana Incorporated Names New Chief Financial Officer
1 Dec 21
8-K
Entry into a Material Definitive Agreement
24 Nov 21
8-K
Other Events
17 Nov 21
8-K
Dana Prices $350 Million Senior Notes Offering
15 Nov 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
16 Nov 21
FWP
Free writing prospectus
15 Nov 21
424B5
Prospectus supplement for primary offering
15 Nov 21
S-8
Registration of securities for employees
30 Jul 21
424B5
Prospectus supplement for primary offering
30 Apr 21
FWP
Free writing prospectus
29 Apr 21
424B5
Prospectus supplement for primary offering
29 Apr 21
424B5
Prospectus supplement for primary offering
19 Jun 20
FWP
Free writing prospectus
18 Jun 20
FWP
Free writing prospectus
18 Jun 20
Proxies
Other
SD
Conflict minerals disclosure
5 Jun 20
SD
Conflict minerals disclosure
24 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
25 May 17
UPLOAD
Letter from SEC
23 Feb 17
CORRESP
Correspondence with SEC
14 Feb 17
UPLOAD
Letter from SEC
29 Jan 17
UPLOAD
Letter from SEC
26 Dec 16
SD
Conflict minerals disclosure
26 May 16
UPLOAD
Letter from SEC
6 Dec 15
Ownership
4
DANA / KEITH E WANDELL ownership change
1 Jun 22
4
DANA / Antonio Valencia ownership change
1 Jun 22
4
DANA / Diarmuid B. OConnell ownership change
1 Jun 22
4
DANA / R Bruce McDonald ownership change
1 Jun 22
4
DANA / Michael J Mack ownership change
1 Jun 22
4
DANA / Douglas H Liedberg ownership change
1 Jun 22
4
DANA / Timothy R Kraus ownership change
1 Jun 22
4
DANA / VIRGINIA A KAMSKY ownership change
1 Jun 22
4
DANA / James D Kellett ownership change
1 Jun 22
4
DANA / Bridget E Karlin ownership change
1 Jun 22
Patents
Utility
Control Device, Tire Inflation System Including Said Control Device, and Methods of Operating Said Tire Inflation System
23 Jun 22
The present document relates to a control device for a central tire inflation system, comprising: an inlet for connection with a pressure source, at least a first outlet for connection with a first pneumatic tire, a supply valve, at least a first channel valve, and at least a first pressure-limiting valve, wherein the supply valve and the first channel valve selectively fluidly connect the inlet to the first outlet and are fluidly connected in series between the inlet and the first outlet, and wherein the first pressure-limiting valve a is fluidly connected to the first outlet for limiting a pressure at the first outlet.
Utility
Electric axle transmission for electric and hybrid electric vehicles
21 Jun 22
An electric axle having an electric drivetrain including a motor/generator, a first planetary gear set operably coupled to the motor/generator, and a second planetary gear set operably coupled to the first planetary gear set, wherein the first planetary gear set includes a first ring gear, a first planet carrier, and a first sun gear, and wherein the second planetary gear set includes a second ring gear, a second planet carrier, and a second sun gear; a drive wheel axle operably coupled to the electric drivetrain; and a first wheel and a second wheel coupled to the drive wheel axle.
Utility
Method of Determining the Health of a Seal In a Tire Inflation System
9 Jun 22
Systems and methods for determining the health of a seal in a tire inflation system are provided.
Utility
System for Shielding a Tone Ring In a Vehicle Axle
9 Jun 22
A system is provided for shielding a tone ring assembly in automotive vehicles.
Utility
Wheel end assembly with external rotary joint and rotary joint venting mechanism
31 May 22
A wheel end assembly for a tire pressure management system including an axle having an axle end portion and a rotary joint assembly disposed outboard of the axle end portion.
Transcripts
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
23 Feb 22
2021 Q3
Earnings call transcript
26 Oct 21
2021 Q2
Earnings call transcript
1 Aug 21
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
1 Aug 20
2020 Q1
Earnings call transcript
30 Apr 20
2019 Q4
Earnings call transcript
13 Feb 20
Reddit threads
Daily Discussion Thread - May 31, 2022
31 May 22
I can go lower than rock bottom
22 May 22
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Pre-market summary - April 7
7 Apr 22
Daily Discussion Thread - March 3rd, 2022
3 Mar 22
Daily Discussion Thread - March 2nd, 2022
2 Mar 22