Coronation Fund Managers Ltd. increased its stake in Danaher Corporation by 64.2% in Q3, acquiring an additional 6,161 shares to hold a total of 15,757 shares valued at $3.12 million. Danaher recently beat quarterly earnings estimates with an EPS of $2.23 and revenue of $6.84 billion, leading analysts to raise price targets, resulting in a consensus “Moderate Buy” rating. Insider transactions show Director Teri List selling shares, while institutional investors own a significant portion of the company’s stock.
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Coronation Fund Managers Ltd. Increases Stake in Danaher Corporation $DHR
Coronation Fund Managers Ltd. increased its stake in Danaher Corporation by 64.2% in Q3, acquiring an additional 6,161 shares to hold a total of 15,757 shares valued at $3.12 million. Danaher recently beat quarterly earnings estimates with an EPS of $2.23 and revenue of $6.84 billion, leading analysts to raise price targets, resulting in a consensus “Moderate Buy” rating. Insider transactions show Director Teri List selling shares, while institutional investors own a significant portion of the company’s stock.