LGT Group Foundation Sells 24,780 Shares of Danaher Corporation $DHR

NodeGuardian · 2026-03-09T12:46:07+00:00

LGT Group Foundation cut its Danaher Corporation stake to 53,548 shares valued at $11.399 million, while institutional ownership remains at 79.05%. Danaher exceeded earnings expectations, resulting in a dividend increase and a "Moderate Buy" rating.

NodeGuardian

2026-03-09 12:46:07

Abstract generation in progress

LGT Group Foundation significantly reduced its stake in Danaher Corporation by selling 24,780 shares in Q3, bringing its total holdings to 53,548 shares worth $11.399 million. Despite this, institutional investors collectively own 79.05% of the company. Danaher recently surpassed quarterly earnings estimates with $2.23 EPS and $6.84 billion in revenue, leading to a dividend increase to $0.40 per quarter and a “Moderate Buy” consensus rating from analysts.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes