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Danaher Corporation beat earnings estimates despite major shareholders selling off their stakes.
Danaher Corporation saw institutional investor Robeco sell off shares, while insiders also sold significant stakes.
Despite this, Danaher beat earnings estimates, reporting $1.88 EPS compared to the expected $1.62.
The company, known for professional, medical, and industrial products, has a market cap of $141.84 billion and a dividend yield of 0.65%.
Analysts have a "Moderate Buy" rating with a target price of $248.61.
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Danaher Corporation superó las estimaciones de ganancias a pesar de que los principales accionistas vendieron sus acciones.