Why Are People Selling Their DHR Shares?

After Friday's -1.0% drop to $230.29 per share, Danaher might just keep moving past its target price of $241.9. With an average analyst rating of buy, and target prices from $205.0 to $270.0, the stock's next move is anyone's guess.

Danaher's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 2.06. The company's insiders own 10.74% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 81.0%. In conclusion, we believe there is positive market sentiment regarding Danaher.

Institutions Invested in Danaher

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 8% 55,936,128 $12,881,530,541
2023-09-30 Blackrock Inc. 7% 49,248,152 $11,341,356,593
2023-09-30 State Street Corporation 4% 27,000,281 $6,217,894,530
2023-09-30 Wellington Management Group, LLP 3% 24,930,281 $5,741,194,244
2023-09-30 FMR, LLC 3% 21,558,375 $4,964,678,034
2023-09-30 Morgan Stanley 3% 19,116,972 $4,402,447,353
2023-09-30 Price (T.Rowe) Associates Inc 2% 14,980,765 $3,449,920,271
2023-09-30 Capital International Investors 2% 14,621,738 $3,367,239,945
2023-09-30 Geode Capital Management, LLC 2% 13,339,082 $3,071,857,104
2023-09-30 JP Morgan Chase & Company 1% 9,226,691 $2,124,814,608
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.