Analysts See $1.22 EPS for Dover Corporation (DOV)

June 17, 2018 - By Richard Conner

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.84 in Q1 2018. Its down 0.15, from 0.99 in 2017Q4. It dived, 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.
Ny State Teachers Retirement Sys reported 0.06% of its portfolio in Dover Corporation (NYSE:DOV). Genesee Valley stated it has 2,700 shares. Holderness has invested 0.12% in Dover Corporation (NYSE:DOV). Phocas Fincl Corporation owns 8,682 shares. Bankshares Of Ny Mellon owns 3.52M shares or 0.1% of their US portfolio. Missouri-based Parkside Bancshares Trust has invested 0% in Dover Corporation (NYSE:DOV). Swiss Bancorp invested in 0.06% or 499,817 shares. Moreover, Diligent Investors Ltd Liability Corp has 0.54% invested in Dover Corporation (NYSE:DOV) for 9,180 shares. Liberty Mutual Group Asset Mngmt reported 6,204 shares stake. Kanawha Management Ltd Liability owns 15,271 shares. Raymond James Tru Na has 2,139 shares for 0.01% of their portfolio. Puzo Michael J holds 5,000 shares or 0.21% of its portfolio. Umb National Bank & Trust N A Mo reported 12,512 shares stake. J Goldman Communications Ltd Partnership accumulated 9,755 shares. Moreover, Bnp Paribas Asset Management has 0.02% invested in Dover Corporation (NYSE:DOV).

Since February 26, 2018, it had 1 buy, and 6 selling transactions for $2.79 million activity. 635 shares were bought by Burns Patrick, worth $61,908. Shares for $336,600 were sold by Goldberg Paul. $511,965 worth of Dover Corporation (NYSE:DOV) was sold by Somasundaram Sivasankaran. WINSTON MARY A had sold 2,500 shares worth $197,146. Shares for $1.16M were sold by Kloosterboer Jay L.

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 $188.70 million 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 48.90% up from the average. Dover Corporation (NYSE:DOV) has risen 19.15% since June 17, 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 “Hold” rating on Tuesday, January 30 by RBC Capital Markets. Seaport Global maintained the shares of DOV in report on Thursday, February 1 with “Hold” rating. The firm has “Hold” rating given on Wednesday, January 3 by RBC Capital Markets. The stock of Dover Corporation (NYSE:DOV) has “Outperform” rating given on Monday, April 30 by BMO Capital Markets. Stifel Nicolaus maintained Dover Corporation (NYSE:DOV) on Monday, April 16 with “Hold” rating. The stock has “Hold” rating by Susquehanna on Friday, January 12. The stock of Dover Corporation (NYSE:DOV) earned “Overweight” rating by Morgan Stanley on Monday, April 30. On Monday, April 30 the stock rating was maintained by Citigroup with “Neutral”. BMO Capital Markets maintained the shares of DOV in report on Wednesday, January 31 with “Buy” rating. On Thursday, April 5 the stock rating was maintained by RBC Capital Markets with “Hold”.

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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