Evercore ISI Group Maintains Outperform on Danaher, PT Down to $226.

Evercore ISI Group Maintains Outperform on Danaher, PT Down to $226.

Evercore ISI Group has maintained its Outperform rating on Danaher Corporation (NYSE: DHR), but has revised its price target down to $226. This adjustment comes amid recent developments in the company's stock performance and analyst ratings. According to the latest data, Danaher Corporation reported earnings per share (EPS) of $1.88 for the quarter, surpassing the consensus estimate of $1.62. The company's revenue for the quarter was $5.74 billion, also exceeding analyst expectations of $5.58 billion.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company's Biotechnology segment offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics. The company's strong performance in the first quarter has led to increased institutional ownership, with 79.05% of the stock currently owned by institutional investors and hedge funds.

In addition to the earnings report, several hedge funds and institutional investors have recently increased their stakes in Danaher Corporation. World Investment Advisors, for example, raised its stake by 13.8% in the first quarter, acquiring an additional 1,923 shares. Other notable investors include Heck Capital Advisors LLC, GHP Investment Advisors Inc., Hurley Capital LLC, Rialto Wealth Management LLC, and Smallwood Wealth Investment Management LLC.

Despite the positive developments, Danaher Corporation's stock price has seen some volatility. On Monday, July 7, 2025, the stock traded down $3.60, reaching $199.60. The stock's 50-day moving average price is $195.63, and its 200-day moving average price is $207.10. The company's market capitalization stands at $142.85 billion, with a price-to-earnings ratio of 38.76 and a P/E/G ratio of 2.85. The stock's beta is 0.77, indicating its relative volatility compared to the broader market.

Evercore ISI Group's revised price target reflects the recent changes in the company's stock performance and analyst ratings. The firm believes that Danaher Corporation's strong earnings and increased institutional ownership position the stock for further growth. However, the stock's valuation remains relatively high compared to its peers, with a price-to-earnings ratio of 38.76.

In conclusion, Evercore ISI Group's revised Outperform rating on Danaher Corporation reflects the company's strong earnings performance and increased institutional ownership. While the stock's valuation remains high, the firm believes that the company's growth prospects justify the investment. Investors should closely monitor the company's earnings reports and analyst ratings for further insights into its future performance.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-danaher-corporation-nysedhr-shares-bought-by-world-investment-advisors-2025-07-07/
[2] https://www.investing.com/news/analyst-ratings/apple-stock-rating-reiterated-by-evercore-isi-amid-ai-executive-departure-93CH-4126034