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Danaher Co. maintained earnings and dividend despite major investors reducing stock holdings.
Danaher Co.'s stock saw reduced positions by several investment firms in the fourth quarter, with Rhenman & Partners cutting holdings by 23.2% and Riverwater Partners by 22.5%.
Despite this, Danaher reported earnings per share of $2.14, meeting analysts' expectations.
The company also announced a quarterly dividend of $0.32 per share, and analysts have maintained a "Moderate Buy" consensus rating with an average price target of $278.24.
Danaher's market cap stands at $129.66 billion.
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Danaher Co. mantuvo sus ganancias y dividendos a pesar de que los principales inversores redujeron sus participaciones en acciones.