Dover Corporation (DOV) Analysts See $1.22 EPS

June 16, 2018 - By Louis Casey

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.84 in Q1 2018. Its down 0.15, from 0.99 in 2017Q4. It is negative, as 39 investors sold Dover Corporation shares while 214 reduced holdings. 72 funds opened positions while 140 raised stakes. 129.71 million shares or 1.85% less from 132.15 million shares in 2017Q4 were reported.
Earnest Partners Ltd Liability invested in 230,140 shares. Cincinnati Ins owns 368,780 shares. The Alabama-based Oakworth Inc has invested 0.01% in Dover Corporation (NYSE:DOV). Barrett Asset Mngmt Limited Liability Corporation holds 0.02% of its portfolio in Dover Corporation (NYSE:DOV) for 2,625 shares. 29,315 were accumulated by Ashfield Cap Partners Limited. New York-based Tower Research Capital Limited Liability (Trc) has invested 0.01% in Dover Corporation (NYSE:DOV). Moreover, Qs Investors Lc has 0% invested in Dover Corporation (NYSE:DOV). Capital Planning Advisors Ltd Llc reported 26,217 shares. North Star Asset Mngmt has invested 0.03% in Dover Corporation (NYSE:DOV). Strs Ohio reported 0.01% stake. Regions Fincl invested 0.04% of its portfolio in Dover Corporation (NYSE:DOV). Ameritas Investment Prtnrs Inc holds 9,982 shares. Rmb Mngmt Limited Liability Corporation invested in 0.01% or 2,603 shares. Aviance Cap Mgmt Limited Liability Co holds 1,815 shares. Bnp Paribas Arbitrage holds 0% or 131,094 shares.

Since February 26, 2018, it had 1 buy, and 6 insider sales for $2.79 million activity. Another trade for 5,363 shares valued at $549,708 was made by Kosinski Anthony K on Friday, March 9. The insider Goldberg Paul sold $336,600. On Thursday, June 7 the insider WINSTON MARY A sold $197,146. Another trade for 5,000 shares valued at $511,965 was made by Somasundaram Sivasankaran on Friday, March 9. Kloosterboer Jay L also sold $1.16M worth of Dover Corporation (NYSE:DOV) on Tuesday, May 29.

Analysts expect Dover Corporation (NYSE:DOV) to report $1.22 EPS on July, 19.They anticipate $0.18 EPS change or 17.31 % from last quarter’s $1.04 EPS. DOV’s profit would be $188.70M giving it 15.74 P/E if the $1.22 EPS is correct. After having $1.16 EPS previously, Dover Corporation’s analysts see 5.17 % EPS growth. The stock increased 1.00% or $0.76 during the last trading session, reaching $76.82. About 2.74M shares traded or 51.43% up from the average. Dover Corporation (NYSE:DOV) has risen 19.15% since June 16, 2017 and is uptrending. It has outperformed by 6.58% the S&P500.

Dover Corporation (NYSE:DOV) Ratings Coverage

Among 12 analysts covering Dover Corp (NYSE:DOV), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Dover Corp had 23 analyst reports since January 3, 2018 according to SRatingsIntel. BMO Capital Markets maintained Dover Corporation (NYSE:DOV) on Monday, April 30 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Thursday, April 5 with “Hold”. The company was maintained on Wednesday, January 31 by Stifel Nicolaus. RBC Capital Markets maintained Dover Corporation (NYSE:DOV) rating on Wednesday, January 3. RBC Capital Markets has “Hold” rating and $100.0 target. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 30. The stock has “Hold” rating by Susquehanna on Friday, January 12. The company was maintained on Tuesday, January 30 by RBC Capital Markets. The stock of Dover Corporation (NYSE:DOV) has “Buy” rating given on Thursday, January 25 by BMO Capital Markets. BMO Capital Markets maintained it with “Buy” rating and $118.0 target in Wednesday, January 31 report. As per Monday, March 26, the company rating was downgraded by JP Morgan.

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, software and digital solutions, and support services worldwide. The company has market cap of $11.88 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. It has a 14.92 P/E ratio. The Energy segment provides solutions and services for the production and processing of fuels to drilling and production, bearings and compression, and automation end markets.

Another recent and important Dover Corporation (NYSE:DOV) news was published by Seekingalpha.com which published an article titled: “Honeywell, Dover among companies exiting Iran presence before sanctions” on June 05, 2018.

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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