Top 5 Stock Picks of Robert B. Gillam’s McKinley Capital Management

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This article discusses McKinley Capital Management’s top 5 stock picks at the end of the second quarter of 2022. If you want to know about the fund’s history, its investment strategy, and recent performance, please also read Top 10 Stock Picks of Robert B. Gillam’s McKinley Capital Management.   

05. Danaher Corporation (NYSE:DHR)

McKinley Capital Management’s Stake Value: $20.129 million

Percentage of McKinley Capital Management’s 13F Portfolio: 2.62%

Number of Hedge Fund Holders as of Q1 2022: 83

The Danaher Corporation (NYSE:DHR) develops, produces, and markets professional, medical, industrial, and commercial goods and services internationally. Life Sciences, Diagnostics, and Environmental & Applied Solutions make up the company’s three operating segments.

For Q2 2022, Danaher Corporation (NYSE:DHR) had EPS valued at $2.76, beating estimates by $0.42. It has consistently beaten the earnings forecast for the past four quarters. The company has posted a revenue figure of $7.75 billion, beating estimates by $461.77 million and reflecting year-over-year growth of 7.4%. In the first half of 2022, Danaher Corporation (NYSE:DHR) distributed $411 million in dividends to its shareholders, an increase of 14.2% from the prior year. The stake of McKinley Capital in Danaher Corporation (NYSE:DHR) declined by 12% during the second quarter.

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