$DAN

JPMorgan analyst Rajat Gupta identified top U.S. auto suppliers, highlighting BWA and DAN. BWA is ranked as the top pick with a $85 price target, citing strong hybrid and internal combustion engine resilience, and non-automotive optionality. DAN is noted for its insulation from trade pressures and improved non-automotive exposure, with a $40 price target. Both companies reported strong Q2 results and raised full-year outlooks.

Dana Inc. (NYSE: DAN) expects $250M in synergies from its Eaton acquisition, targeting cost cuts and operational improvements. The company plans $200M in share buybacks by year-end and aims for $2B in buybacks by 2029. Dana forecasts $1.7B in combined aftermarket business and growth in commercial-vehicle, defense, and aftermarket sectors.

Dana Incorporated reported Q2 2026 sales of $2.01B, up $75M, and adjusted EBITDA of $207M, up $60M, with margin at 10.3%. Adjusted EPS was $0.19. Full-year guidance was raised for sales, EBITDA, and free cash flow, while EPS range was lowered. Dana also discussed Eaton Mobility split-off, $250M synergies, and planned $200M more buybacks through 2026.

RBC Capital adjusted its price target on Dana Incorporated to $37 from $33 and kept an Outperform rating, according to the note cited in the article. The update is tied to Dana’s coverage metrics and investor rating composites.

Dana Inc. shares rose about 9.1% in pre-open after the company reported mixed Q2 2026 results. Revenue was $2.01B versus $1.94B expected and $1.94B a year earlier. Adjusted EBITDA was $207M, a 10.3% margin. Management raised full-year targets and restarted its buyback program, despite adjusted EPS from continuing ops of $0.19 vs about $0.66 expected.

Arianne Phosphate Inc (TSX-V: DAN, OTCQB: DRRSF, Frankfurt: JE9N) said Quebec’s Ministère des Ressources naturelles et des Forêts selected its Lac à Paul phosphate project as an early beneficiary of the “Filon” specialized support service. The program is meant to improve coordination in Quebec’s authorization and permitting process. The project targets high-purity apatite concentrate (39% P2O5) and purified phosphoric acid for fertilizer and LFP battery supply chains.

Dana Incorporated (NYSE: DAN) reported Q2 2026 sales of $2.01B, up 4% year over year, and adjusted EBITDA of $207M with a 10.3% margin. It restarted its share repurchase program, buying 1.2M shares for $44M, and raised full-year guidance, adding about $225M to sales and $25M to adjusted EBITDA. The Eaton Mobility deal remains on track for Q1 2027 close.

DANA Inc (DAN) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Dana Incorporated Reports Strong Second-Quarter Results; Increases Full-Year Guidance; Restarts Share Repurchase Program Second-Quarter Highlights: • Sales of $2.0 billion, up 4 percent versus the second quarter of 2025 • Adjusted EBITDA of $207 million; $60 million

Dana Incorporated (NYSE: DAN) said its board declared a quarterly dividend of $0.12 per common share. The dividend is payable Aug. 28, 2026, to shareholders of record as of Aug. 7. Dana reported 2025 sales of $7.5 billion, according to the company.

Dana Inc. (NYSE:DAN) said it is advancing its auto parts expansion tied to Eaton’s Mobility Group. Deutsche Bank cut its price target to $39 from $40 and kept a Buy rating. The planned Reverse Morris Trust involves a $2.6 billion bridge loan from Goldman Sachs to fund about a $1.1 billion cash payment to Eaton and refinance debt, subject to approvals and regulatory clearances.