$1.22 EPS Expected for Dover Corporation (DOV)

June 15, 2018 - By Samual Williams

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.84 in Q1 2018. Its down 0.15, from 0.99 in 2017Q4. It dropped, 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.
Delta Asset Mgmt Ltd Co Tn reported 0.01% in Dover Corporation (NYSE:DOV). Allen Invest Mgmt Limited Liability stated it has 9,671 shares. Hartford Invest Mgmt reported 29,312 shares. Pinnacle Associate Ltd has invested 0.03% in Dover Corporation (NYSE:DOV). Dean Invest Limited Company owns 39,357 shares. Employees Retirement Systems Of Ohio has invested 0.04% in Dover Corporation (NYSE:DOV). 15,709 are owned by Advantus Mgmt Incorporated. Nomura reported 52,158 shares. Signature Management invested 0.06% in Dover Corporation (NYSE:DOV). Tower Cap (Trc) holds 0.01% or 1,040 shares in its portfolio. 11,570 were accumulated by Advisors Asset Mngmt. 1,775 were accumulated by Benjamin F Edwards Inc. Moreover, Kanawha Capital Mgmt Ltd has 0.23% invested in Dover Corporation (NYSE:DOV) for 15,271 shares. Moreover, Ashfield Capital Ltd Liability Corp has 0.37% invested in Dover Corporation (NYSE:DOV). Nebraska-based Nelson Van Denburg Campbell Wealth Group Llc has invested 0% in Dover Corporation (NYSE:DOV).

Since February 26, 2018, it had 1 buy, and 6 selling transactions for $2.79 million activity. 3,300 shares valued at $336,600 were sold by Goldberg Paul on Friday, March 9. WINSTON MARY A also sold $197,146 worth of Dover Corporation (NYSE:DOV) on Thursday, June 7. $61,908 worth of Dover Corporation (NYSE:DOV) was bought by Burns Patrick on Friday, March 2. Somasundaram Sivasankaran also sold $511,965 worth of Dover Corporation (NYSE:DOV) shares. Kloosterboer Jay L 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 $188.71M giving it 15.59 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 decreased 2.22% or $1.73 during the last trading session, reaching $76.06. About 2.99 million shares traded or 67.68% up from the average. Dover Corporation (NYSE:DOV) has risen 19.15% since June 15, 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. The firm earned “Neutral” rating on Monday, March 26 by JP Morgan. The firm has “Overweight” rating given on Thursday, February 1 by Morgan Stanley. The company was maintained on Monday, April 16 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Hold” rating and $104 target in Monday, April 30 report. As per Monday, April 30, the company rating was maintained by Citigroup. The rating was maintained by Susquehanna on Friday, January 12 with “Hold”. The stock of Dover Corporation (NYSE:DOV) has “Outperform” rating given on Monday, April 30 by BMO Capital Markets. Barclays Capital maintained Dover Corporation (NYSE:DOV) rating on Monday, April 30. Barclays Capital has “Overweight” rating and $113 target. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 30. The stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by Susquehanna on Wednesday, January 31.

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 $11.77 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. It has a 14.77 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.

More news for Dover Corporation (NYSE:DOV) were recently published by: Seekingalpha.com, which released: “Wall Street Breakfast: ECB Steps Toward Exiting QE” on June 06, 2018. Seekingalpha.com‘s article titled: “Honeywell, Dover among companies exiting Iran presence before sanctions” and published on June 05, 2018 is yet another important article.

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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