Dana NYSE: DAN President and CEO Byron Foster said the company's second-quarter performance reflected continued progress on cost reductions, manufacturing efficiency and portfolio initiatives, while the planned combination with Eaton Mobility is expected to expand its commercial-vehicle and aftermarket presence.
DAN shares jump 10% as cost savings, stronger sales and higher 2026 forecasts outweigh a quarterly earnings miss and lower profit outlook.
Dana NYSE: DAN reported higher second-quarter sales, earnings and cash flow, citing pricing actions, cost savings, favorable mix and improving commercial-vehicle demand. The company also raised its full-year outlook and said it would resume share repurchases before the expected close of its Eaton Mobility transaction in the first quarter of 2027.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 227 | $3,937.32 | $6,258.39 | $2,321.07 | 58.95% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 16,048 | $436,660 | $456,405.12 | $19,745.12 | 4.52% |
| BG Bart Gancher Intech Investment Management LLC | 173,459 | $3.59M | $4.93M | $1.34M | 37.25% |
| WAW Weber Alan W Jb Capital Partners LP | 1.85M | $36.52M | $55.27M | $18.75M | 51.35% |
| JM John Malone Amundi | 15,610 | $460,177.18 | $465,802.4 | $5,625.22 | 1.22% |
| Automobile Components Industry | Consumer Discretionary Sector | Byron S. Foster CEO | NYSE Exchange | 235825205 CUSIP |
| US Country | 27,300 Employees | 7 Aug 2026 Last Dividend | - Last Split | 2 Jan 2008 IPO Date |
Dana Incorporated is a global leader in providing power-conveyance and energy-management solutions tailor-made for a wide array of vehicles and machinery. The company’s expertise spans across North America, Europe, South America, and the Asia Pacific, a testament to its global footprint and the trust its brand holds worldwide. Operating through four distinct segments — Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies — Dana Incorporated brings to the table an unparalleled suite of products and services designed to meet the evolving demands of vehicle manufacturers across the light vehicle, medium/heavy vehicle, and off-highway markets, as well as the stationary industrial market. With a rich heritage dating back to 1904 and its headquarters in Maumee, Ohio, the company has navigated through various transformations, including a name change from Dana Holding Corporation to Dana Incorporated in August 2016, underscoring its commitment to innovation and excellence in the automotive industry.
Drive Systems: These include axles, driveshafts, transmissions, and wheel and track drives, offering integrated solutions for enhanced vehicle efficiency and performance. Dana’s drive systems are engineered for precision and reliability, catering to the specific needs of a diverse range of vehicles and machinery.
Motion Systems: Comprising winches, slew drives, and hub drives, these systems provide essential functionality for vehicle mobility and stability, ensuring operational efficiency across various applications.
Electrodynamic Technologies: Dana’s offerings in this area include motors, inverters, software and control systems, battery-management systems, and fuel cell plates, all designed to drive forward the electrification of vehicles. These components are crucial for the development of electric and hybrid vehicles, reflecting Dana’s commitment to sustainable automotive solutions.
Sealing Solutions: With products like gaskets, seals, cam covers, and oil pan modules, Dana’s sealing solutions play a critical role in the protection and extended life of vehicle engines and systems, ensuring that they operate smoothly and efficiently.
Thermal-Management Technologies: These technologies encompass transmission and engine oil cooling, battery and electronics cooling, charge air cooling, and thermal-acoustical protective shielding. Dana’s thermal-management products are designed to optimize the thermal efficiency of vehicles, contributing to their performance and longevity.
Digital Solutions: Dana's digital solutions are aimed at enhancing system performance through active and passive system controls, as well as offering descriptive and predictive analytics. This approach to innovation helps in addressing complex challenges faced by vehicle manufacturers, ensuring operational effectiveness and customer satisfaction.