Price target for Tadano ( TYO: 6395) increased by 27.34% to 1,389.75

The one-year average price target for Tadano has been revised to 1,389.75 per share. This represents a 27.34% increase from the previous estimate of 1,091.40 as of August 31, 2023.

This target is an average of several values provided by analysts. The most recent targets range from a minimum of 1,111.00 to a maximum of 2,100.00 per share. The average target indicates a 15.48% increase from the last reported closing price of 1,203.50 per share.

Tadano maintains a dividend yield of 0.66%

At the most recent price, the company’s dividend yield is 0.66%.

Additionally, the company’s dividend payout ratio is 0.28. This ratio indicates what portion of earnings is paid out as dividends. A ratio of one (1.0) means that 100% of earnings are distributed as dividends. A ratio above one indicates that the company is using its reserves to maintain its dividend, which is not healthy. Companies with limited growth prospects tend to pay most of their earnings as dividends, typically with a ratio between 0.5 and 1.0. Companies with good growth prospects retain part of their earnings for reinvestment, resulting in a ratio between zero and 0.5.

The company’s three-year dividend growth rate is -0.69%.

What is the sentiment of the funds?

Several funds are investing in Tadano. This represents an increase of 1.92% ( in the last quarter. The average weight of all funds dedicated to 6395 is 0.06%, an increase of 3.50%. The total shares held by institutions increased by 1.47% over the past three months, reaching 7,381,000 shares.

What are other shareholders doing?

Several major funds hold significant positions. One owns 1,413,000 shares, representing 1.11% of the company’s ownership, with no change in the last quarter.

Another fund has 952,000 shares )0.75% ownership (. In its previous statement, it reported holding 884,000 shares, which is a 7.06% increase. This fund increased its allocation in 6395 by 4.15% during the last quarter.

A third fund holds 684,000 shares )0.54% ownership (, with no change in the last quarter.

It seems curious how these large institutional investors continue increasing their positions while the dividend is falling. They may see growth potential that we do not perceive, or perhaps they are betting on a recovery after what appears to be a difficult period for the company. In any case, the significant increase in the price target suggests that analysts are quite optimistic about Tadano’s future, although I would personally remain cautious about a company with a history of dividend reductions.