Dover Corporation (DOV) Analysts See $1.28 EPS

September 25, 2018 - By Julie Barnes

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.76 in 2018 Q2. Its down 0.08, from 0.84 in 2018Q1. It dropped, as 80 investors sold Dover Corporation shares while 194 reduced holdings. 52 funds opened positions while 155 raised stakes. 131.60 million shares or 1.45% more from 129.71 million shares in 2018Q1 were reported.
Cincinnati Indemnity holds 29,000 shares or 8.68% of its portfolio. 21,630 are owned by Montag A Assoc Inc. Moreover, Gotham Asset Mgmt Ltd Llc has 0.19% invested in Dover Corporation (NYSE:DOV) for 182,381 shares. State Treasurer State Of Michigan has invested 0.03% in Dover Corporation (NYSE:DOV). Atlas Browninc stated it has 0.08% in Dover Corporation (NYSE:DOV). Thompson Davis & reported 1,122 shares or 0.2% of all its holdings. Smithfield invested in 0% or 365 shares. World Asset Mngmt reported 0.04% in Dover Corporation (NYSE:DOV). Dubuque State Bank Trust holds 0% of its portfolio in Dover Corporation (NYSE:DOV) for 385 shares. Wealthtrust reported 0.02% of its portfolio in Dover Corporation (NYSE:DOV). 32,520 were accumulated by Regions Fincl. Directions Advisors holds 110 shares or 0% of its portfolio. Citigroup owns 32,766 shares. Caisse De Depot Et Placement Du Quebec owns 16,600 shares. Strs Ohio owns 33,889 shares.

Since May 29, 2018, it had 0 buys, and 3 insider sales for $2.87 million activity. The insider WINSTON MARY A sold 2,500 shares worth $197,146. On Tuesday, May 29 Kloosterboer Jay L sold $1.16 million worth of Dover Corporation (NYSE:DOV) or 14,745 shares.

Analysts expect Dover Corporation (NYSE:DOV) to report $1.28 EPS on October, 18.They anticipate $0.12 EPS change or 10.34 % from last quarter’s $1.16 EPS. DOV’s profit would be $189.06 million giving it 17.29 P/E if the $1.28 EPS is correct. After having $1.30 EPS previously, Dover Corporation’s analysts see -1.54 % EPS growth. The stock decreased 0.88% or $0.79 during the last trading session, reaching $88.51. About 1.27M shares traded. Dover Corporation (NYSE:DOV) has risen 23.49% since September 25, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

Dover Corporation (NYSE:DOV) Ratings Coverage

Among 10 analysts covering Dover (NYSE:DOV), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Dover had 20 analyst reports since March 26, 2018 according to SRatingsIntel. As per Friday, July 20, the company rating was maintained by Barclays Capital. The firm has “Neutral” rating given on Monday, April 30 by Citigroup. The firm has “Overweight” rating given on Monday, April 30 by Morgan Stanley. The rating was maintained by SunTrust with “Hold” on Wednesday, April 18. The rating was maintained by Barclays Capital with “Overweight” on Monday, April 30. The stock has “Overweight” rating by Morgan Stanley on Friday, July 20. On Friday, July 20 the stock rating was maintained by BMO Capital Markets with “Outperform”. RBC Capital Markets maintained the shares of DOV in report on Thursday, April 5 with “Hold” rating. The firm has “Neutral” rating given on Monday, March 26 by JP Morgan. The firm has “Hold” rating by Stifel Nicolaus given on Monday, April 30.

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 $13.07 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. It has a 18.58 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 important recent Dover Corporation (NYSE:DOV) news were published by: Seekingalpha.com which released: “Dover’s Analyst Day Offers Some Encouraging Signs” on September 13, 2018, also Benzinga.com published article titled: “BMO Takes Chillier Stance On Dover Due To Refrigeration Market Pressures”, Fool.com published: “Forget General Electric, These 2 Stocks Are Better Values” on September 23, 2018. More interesting news about Dover Corporation (NYSE:DOV) was released by: Fool.com and their article: “Does Dover Corporation’s Restructuring Make It a Buy?” with publication date: September 17, 2018.

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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