DAN Stock Recent News

Several stocks recently unveiled plans to significantly enhance shareholder value. These plans include the two major types of capital returns that investors often pay attention to: dividends and buybacks.

Investors interested in Automotive - Original Equipment stocks are likely familiar with Dana (DAN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?

Dana (DAN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Carl Icahn, who praised Dana's recent agreement to sell its off-highway unit to Allison Transmission Holdings, has exited his stake in the auto parts supplier.

Auto components maker Dana on Wednesday announced that it has reached a definitive agreement to sell its off-highway business to Allison Transmission for $2.7 billion.

Price represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business  Strengthens balance sheet through substantial debt reduction Positions Dana with a streamlined go-to-market approach dedicated to on-highway light- and commercial-vehicle customers Announcing a new $1 billion capital return authorization through 2027 with $550 million of capital return to shareholders at or before closing of the Off-Highway business sale MAUMEE, Ohio , June 11, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced that it has reached a definitive agreement to sell its Off-Highway business to Allison Transmission Holdings, Inc. (NYSE: ALSN; "Allison") for $2.7 billion. This represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business.

INDIANAPOLIS , June 11, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced it has entered into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions, for approximately $2.7 billion.  This acquisition aligns with Allison's strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results.

MAUMEE, Ohio , June 6, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Deutsche Bank Global Auto Industry Conference on June 12. Beginning at 12:55 p.m.

MAUMEE, Ohio , June 2, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the UBS Auto and Auto Tech Conference on June 4.  Beginning at 11:20 a.m.