DHRNYSEIndustrial Instruments For Measurement, Display, and ControlFiscal year ends December 31
DANAHER CORP /DE/
Financials through Q2 FY2026, quarter ended Jun 26, 2026Last filing: 10-Q on Jul 21, 2026
$224.43−4.61 (-2.01%)
Close on Oct 19, 2026
- Market cap
- $158.81B
- P/E (TTM)
- 39.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
82.2%
578M of 703M shares
Institutional holders
2,105
153 new, 192 sold out
Net institutional buying
13M
In Q2 2026
Insider trades, 12 months
0 buys · 20 sales
Net sold $257.89M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 50,771,463 | 6.90% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 47,383,707 | 6.69% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DHR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 55,084,630 | 7.84% | $10.49B | +3,444,011 | 0.16% |
| Vanguard Capital Management LLC | 41,377,076 | 5.89% | $7.88B | +249,266 | 0.17% |
| FMR LLC | 29,540,895 | 4.20% | $5.63B | +7,006,566 | 0.24% |
| State Street Corp | 28,456,019 | 4.05% | $5.43B | +561,838 | 0.16% |
| Wellington Management Group Llp | 16,316,834 | 2.32% | $3.11B | +1,542,310 | 0.54% |
| Capital International Investors | 15,504,420 | 2.21% | $2.95B | +1,489,707 | 0.61% |
| Geode Capital Management, LLC | 14,280,335 | 2.03% | $2.71B | +134,577 | 0.14% |
| Vanguard Portfolio Management LLC | 14,205,213 | 2.02% | $2.71B | +250,508 | 0.12% |
| JPMorgan Chase & Co | 12,185,400 | 1.73% | $2.35B | −4,732,249 | 0.13% |
| Price T Rowe Associates Inc /Md/ | 11,450,715 | 1.63% | $2.18M | −3,902,172 | 0.22% |
| Morgan Stanley | 11,348,958 | 1.61% | $2.16B | +139,718 | 0.11% |
| Capital Research Global Investors | 10,818,030 | 1.54% | $2.06B | +1,920,257 | 0.29% |
| Norges Bank | 9,537,906 | 1.36% | $1.82B | New | 0.18% |
| Eagle Capital Management LLC | 9,361,490 | 1.33% | $1.78B | +2,786,331 | 5.45% |
| Jupiter Topco LLC | 7,645,709 | 1.09% | $1.46B | New | 0.59% |
| Northern Trust Corp | 6,925,441 | 0.99% | $1.32B | −155,460 | 0.15% |
| T. Rowe Price Investment Management, Inc. | 6,919,744 | 0.98% | $1.32M | +3,134,935 | 0.86% |
| Generation Investment Management Llp | 6,761,596 | 0.96% | $1.29B | −512,799 | 12.52% |
| Goldman Sachs Group Inc | 5,364,861 | 0.76% | $1.02B | +755,573 | 0.09% |
| Nuveen, LLC | 5,242,679 | 0.75% | $998.63M | −92,076 | 0.24% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,105 | 578M | 82.2% | 153 / 675 | 1022 / 192 | 66M | 53M |
| Q1 2026 | 2,180 | 572M | 81.4% | 165 / 785 | 934 / 258 | 111M | 60M |
| Q4 2025 | 2,308 | 586M | 83.3% | 333 / 837 | 844 / 120 | 61M | 52M |
| Q3 2025 | 2,147 | 579M | 82.4% | 128 / 748 | 948 / 129 | 58M | 57M |
| Q2 2025 | 2,175 | 579M | 82.3% | 150 / 854 | 884 / 169 | 39M | 34M |
| Q1 2025 | 2,221 | 575M | 81.8% | 153 / 811 | 965 / 213 | 59M | 53M |
| Q4 2024 | 2,316 | 576M | 82.0% | 269 / 786 | 940 / 199 | 39M | 37M |
| Q3 2024 | 2,278 | 577M | 82.0% | 201 / 863 | 871 / 80 | 70M | 34M |
| Q2 2024 | 2,179 | 592M | 84.2% | 134 / 882 | 806 / 128 | 25M | 67M |
| Q1 2024 | 2,198 | 636M | 90.5% | 194 / 910 | 778 / 98 | 42M | 23M |
| Q4 2023 | 2,130 | 619M | 88.1% | 228 / 816 | 811 / 157 | 62M | 27M |
| Q3 2023 | 2,092 | 585M | 83.2% | 162 / 840 | 775 / 116 | 33M | 27M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of DHR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 20,222,923 | 2.88% | $3.85B | 0.17% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 16,324,198 | 2.32% | $3.11B | 0.19% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 8,664,506 | 1.23% | $1.65B | 0.19% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 8,051,123 | 1.15% | $1.47B | 0.18% | May 31, 2026 |
| Washington Mutual Investors Fund | 7,915,719 | 1.13% | $1.54B | 0.71% | Jul 31, 2026 |
| Vanguard Value Index Fund | 6,064,464 | 0.86% | $1.16B | 0.45% | Jun 30, 2026 |
| Fidelity Contrafund | 4,845,844 | 0.69% | $923.04M | 0.51% | Jun 30, 2026 |
| State Street(R) Health Care Select Sector SPDR(R) ETF | 4,450,208 | 0.63% | $847.68M | 2.09% | Jun 30, 2026 |
| Vanguard Health Care Fund | 4,275,150 | 0.61% | $833.57M | 2.18% | Jul 31, 2026 |
| T. Rowe Price Capital Appreciation Fund | 4,102,500 | 0.58% | $781.44M | 1.11% | Jun 30, 2026 |
| American Mutual Fund | 3,611,779 | 0.51% | $704.22M | 0.60% | Jul 31, 2026 |
| Vanguard Dividend Appreciation Index Fund | 3,564,034 | 0.51% | $694.92M | 0.53% | Jul 31, 2026 |
| Vanguard Dividend Growth Fund | 3,526,208 | 0.50% | $687.54M | 1.94% | Jul 31, 2026 |
| Vanguard Institutional Index Fund | 3,419,502 | 0.49% | $651.35M | 0.19% | Jun 30, 2026 |
| Growth Fund of America | 3,334,548 | 0.47% | $609.12M | 0.17% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Rainer Blair | President & CEO, Director | 45,743 | 0.01% | Aug 24, 2026 |
| Mitchell P. Rales | Chairman of Exec. Committee, Director | 27,506,637 | 3.91% | Aug 6, 2026 |
| Steven M. Rales | Chairman, Director | 34,626,719 | 4.93% | Aug 6, 2026 |
| Christopher Paul Riley | Executive Vice President | 61,472 | 0.01% | Aug 6, 2026 |
| Christopher Bouda | VP, Chief Accounting Officer | 9,786 | 0.00% | Aug 6, 2026 |
| Jonathan Leiken | SVP-Chief Legal Officer | 12,546 | 0.00% | Aug 6, 2026 |
| Gregory M. Milosevich | Executive Vice President | 24,467 | 0.00% | Aug 6, 2026 |
| Jose-Carlos Gutierrez-Ramos | SVP, Chief Science Officer | 32,495 | 0.00% | Aug 6, 2026 |
| Montgomery Julie A. Sawyer | Executive Vice President | 22,221 | 0.00% | Aug 6, 2026 |
| Matthew E. Gugino | EVP & Chief Financial Officer | 11,744 | 0.00% | Aug 6, 2026 |
| Georgeann Couchara | SVP, Human Resources | 8,291 | 0.00% | May 19, 2026 |
| Matthew McGrew | Executive Vice President | 37,064 | 0.01% | Mar 3, 2026 |
| R. Bradley Gray | SVP Strategic Development | 14,463 | 0.00% | Mar 3, 2026 |
| Brian W. Ellis | Senior Vice President | 14,994 | 0.00% | Feb 6, 2026 |
| Daniel Raskas | SVP - Corporate Development | 10,524 | 0.00% | Feb 4, 2025 |
| Elias A. Zerhouni | Director | 53,984 | 0.01% | Aug 4, 2026 |
| Teri List | Director | 21,470 | 0.00% | Aug 4, 2026 |
| Linda Filler | Director | 49,600 | 0.01% | Aug 4, 2026 |
| Alan G. Spoon | Director | 133,474 | 0.02% | Aug 4, 2026 |
| Feroz Dewan | Director | 4,686 | 0.00% | Aug 4, 2026 |
| Raymond C. Stevens | Director | 13,728 | 0.00% | Aug 4, 2026 |
| A. Shane Sanders | Director | 5,914 | 0.00% | Aug 4, 2026 |
| Charles W. Lamanna | Director | 1,359 | 0.00% | May 19, 2026 |
| John T. Schwieters | Director | 57,269 | 0.01% | Jul 16, 2025 |
| Jessica L. Mega | Director | 3,302 | 0.00% | May 19, 2025 |
| Pardis C. Sabeti | Director | 5,283 | 0.00% | Oct 28, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Rainer Blair President & CEO, Director | Aug 21, 2026 | Sale | −39,193 | $218.73 | $8.57M | 7,755 |
| Rainer Blair President & CEO, Director | Aug 21, 2026 | Sale | −7,755 | $219.35 | $1.70M | 0 |
| Rainer Blair President & CEO, Director | Aug 21, 2026 | Sale | −11,307 | $217.77 | $2.46M | 46,948 |
| Steven M. Rales Chairman, Director | Aug 4, 2026 | Award | +500,000 | – | – | 3,605,808 |
| Christopher Paul Riley Executive Vice President | Aug 4, 2026 | Award | +41,072 | – | – | 61,472 |
| Jose-Carlos Gutierrez-Ramos SVP, Chief Science Officer | Aug 4, 2026 | Award | +13,477 | – | – | 32,495 |
| Mitchell P. Rales Chairman of Exec. Committee, Director | Aug 4, 2026 | Award | +500,000 | – | – | 553,228 |
| Gregory M. Milosevich Executive Vice President | Aug 4, 2026 | Award | +15,402 | – | – | 24,467 |
| Linda Filler Director | Jul 15, 2026 | Option exercise | +3,298 | $71.88 | $237.06K | 28,010 |
| Linda Filler Director | Jul 15, 2026 | Tax withholding | −1,181 | $200.79 | $237.13K | 26,829 |
| Christopher Bouda VP, Chief Accounting Officer | Jul 15, 2026 | Tax withholding | −60 | $200.79 | $12.05K | 9,107 |
| Elias A. Zerhouni Director | Jul 15, 2026 | Option exercise | +3,298 | $71.88 | $237.06K | 46,484 |
| Elias A. Zerhouni Director | Jul 15, 2026 | Tax withholding | −1,181 | $200.79 | $237.13K | 45,303 |
| Raymond C. Stevens Director | May 15, 2026 | Award | +680 | – | – | 13,728 |
| Alan G. Spoon Director | May 15, 2026 | Award | +680 | – | – | 124,774 |
| Georgeann Couchara SVP, Human Resources | May 15, 2026 | Tax withholding | −281 | $161.91 | $45.50K | 8,291 |
| Elias A. Zerhouni Director | May 15, 2026 | Award | +680 | – | – | 43,186 |
| Feroz Dewan Director | May 15, 2026 | Award | +680 | – | – | 4,686 |
| Teri List Director | May 15, 2026 | Award | +680 | – | – | 21,470 |
| A. Shane Sanders Director | May 15, 2026 | Award | +680 | – | – | 5,914 |
| Charles W. Lamanna Director | May 15, 2026 | Award | +680 | – | – | 1,359 |
| Linda Filler Director | May 15, 2026 | Award | +680 | – | – | 24,712 |
| Alan G. Spoon Director | May 1, 2026 | Sale | −1,358 | $174.67 | $237.20K | 124,094 |
| Alan G. Spoon Director | May 1, 2026 | Option exercise | +3,298 | $71.88 | $237.06K | 125,452 |
| Christopher Paul Riley Executive Vice President | Mar 1, 2026 | Tax withholding | −1,115 | $210.64 | $234.86K | 20,400 |
| Christopher Paul Riley Executive Vice President | Mar 1, 2026 | Award | +6,172 | – | – | 21,515 |
| Matthew McGrew Executive Vice President | Mar 1, 2026 | Award | +5,935 | – | – | 26,825 |
| Georgeann Couchara SVP, Human Resources | Mar 1, 2026 | Tax withholding | −113 | $210.64 | $23.80K | 8,572 |
| Georgeann Couchara SVP, Human Resources | Mar 1, 2026 | Award | +4,748 | – | – | 8,685 |
| Gregory M. Milosevich Executive Vice President | Mar 1, 2026 | Tax withholding | −118 | $210.64 | $24.86K | 9,065 |
| Gregory M. Milosevich Executive Vice President | Mar 1, 2026 | Award | +4,273 | – | – | 9,183 |
| Matthew E. Gugino EVP & Chief Financial Officer | Mar 1, 2026 | Award | +3,988 | – | – | 11,632 |
| Matthew E. Gugino EVP & Chief Financial Officer | Mar 1, 2026 | Tax withholding | −231 | $210.64 | $48.66K | 11,401 |
| Rainer Blair President & CEO, Director | Mar 1, 2026 | Award | +17,566 | – | – | 37,988 |
| Montgomery Julie A. Sawyer Executive Vice President | Mar 1, 2026 | Tax withholding | −1,080 | $210.64 | $227.49K | 22,221 |
| Montgomery Julie A. Sawyer Executive Vice President | Mar 1, 2026 | Award | +6,172 | – | – | 23,301 |
| Jose-Carlos Gutierrez-Ramos SVP, Chief Science Officer | Mar 1, 2026 | Tax withholding | −284 | $210.64 | $59.82K | 19,018 |
| Jose-Carlos Gutierrez-Ramos SVP, Chief Science Officer | Mar 1, 2026 | Award | +6,647 | – | – | 19,302 |
| Christopher Bouda VP, Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −170 | $210.64 | $35.81K | 9,167 |
| Christopher Bouda VP, Chief Accounting Officer | Mar 1, 2026 | Award | +1,247 | – | – | 9,337 |
| Jonathan Leiken SVP-Chief Legal Officer | Mar 1, 2026 | Award | +2,374 | – | – | 12,546 |
| R. Bradley Gray SVP Strategic Development | Mar 1, 2026 | Award | +2,849 | – | – | 14,463 |
| Mitchell P. Rales Chairman of Exec. Committee, Director | Feb 27, 2026 | Gift | −71,648 | – | – | 778,352 |
| Georgeann Couchara SVP, Human Resources | Feb 24, 2026 | Tax withholding | −101 | $209.19 | $21.13K | 3,937 |
| Christopher Bouda VP, Chief Accounting Officer | Feb 24, 2026 | Tax withholding | −235 | $209.19 | $49.16K | 8,090 |
| Montgomery Julie A. Sawyer Executive Vice President | Feb 24, 2026 | Tax withholding | −372 | $209.19 | $77.82K | 17,129 |
| Gregory M. Milosevich Executive Vice President | Feb 24, 2026 | Tax withholding | −189 | $209.19 | $39.54K | 4,910 |
| Jose-Carlos Gutierrez-Ramos SVP, Chief Science Officer | Feb 24, 2026 | Tax withholding | −344 | $209.19 | $71.96K | 12,655 |
| Christopher Paul Riley Executive Vice President | Feb 24, 2026 | Tax withholding | −242 | $209.19 | $50.62K | 15,343 |
| Gregory M. Milosevich Executive Vice President | Feb 19, 2026 | Option exercise | +1,320 | $58.59 | $77.34K | 6,419 |
| Gregory M. Milosevich Executive Vice President | Feb 19, 2026 | Sale | −1,320 | $208.01 | $274.57K | 5,099 |
| Jose-Carlos Gutierrez-Ramos SVP, Chief Science Officer | Feb 4, 2026 | Award | +1,695 | – | – | 12,999 |
| Gregory M. Milosevich Executive Vice President | Feb 4, 2026 | Award | +679 | – | – | 5,099 |
| Christopher Paul Riley Executive Vice President | Feb 4, 2026 | Award | +1,046 | – | – | 15,585 |
| Rainer Blair President & CEO, Director | Feb 4, 2026 | Award | +8,474 | – | – | 20,422 |
| Georgeann Couchara SVP, Human Resources | Feb 4, 2026 | Award | +1,413 | – | – | 4,038 |
| Montgomery Julie A. Sawyer Executive Vice President | Feb 4, 2026 | Award | +848 | – | – | 17,501 |
| Brian W. Ellis Senior Vice President | Feb 4, 2026 | Award | +1,695 | – | – | 14,994 |
| Matthew McGrew EVP & Chief Financial Officer | Feb 4, 2026 | Award | +2,684 | – | – | 20,890 |
| Christopher Paul Riley Executive Vice President | Feb 2, 2026 | Tax withholding | −640 | $223.42 | $142.99K | 14,539 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| M. Blair Rainer Officer | Aug 21, 2026 | 58,255 | $12.75M | Aug 21, 2026 | Acquired as compensation -- Restricted Stock Units |
| John T. Schwieters Former Director | Jul 14, 2026 | 3,298 | $658.25K | Jul 14, 2026 | Stock Option Exercise |
| Alan G. Spoon Director | May 1, 2026 | 1,358 | $237.21K | May 1, 2026 | Options Granted - 07/15/2016 |
| Gregory M. Milosevich Officer | Feb 19, 2026 | 1,320 | $274.57K | Feb 19, 2026 | Option Granted - 02/24/2016 |
| Foundation Glenstone See Remarks | Nov 25, 2025 | 146,957 | $33.36M | Nov 25, 2025 | Gift from Affiliate |
| Mitchell P. Rales Family Trust The See Remarks | Nov 25, 2025 | 40,625 | $9.22M | Nov 25, 2025 | Distribution from closely-held corporation |
| Teri List Director | Nov 18, 2025 | 3,298 | $747.00K | Nov 18, 2025 | Option Granted - 07/15/2016 |
| Matthew McGrew Officer | Nov 12, 2025 | 16,172 | $3.47M | Nov 11, 2025 | Option Granted- 11/15/2015 |
| Brian W. Ellis Officer | Nov 12, 2025 | 21,776 | $4.77M | Nov 12, 2025 | Option Granted - 02/24/2016 |
| P. Rales Mitchell Dir; Chmn. of Exec. Comm. | Nov 12, 2025 | 437,000 | $91.74M | Nov 12, 2025 | Distribution from closely-held corporation |
| Georgeann Couchara Officer | Nov 10, 2025 | 5,174 | $1.09M | Nov 10, 2025 | Restricted Stock Vesting |
| P. Rales Mitchell Dir; Chmn. of Exec. Comm. | Oct 31, 2025 | 600,000 | $128.41M | Oct 31, 2025 | Distribution from closely-held corporation |
| Teri List Director | Aug 22, 2025 | 2,778 | $586.32K | Aug 22, 2025 | Stock Option Exercise |
| Walter G. Lohr Former Director | Jul 22, 2025 | 2,719 | $511.59K | Jul 22, 2025 | Stock Option Exercise |
| Steven M. Rales Officer, Director | May 12, 2025 | 1,250,000 | $243.53M | May 12, 2025 | Pro rata distribution from co-owned entity |