Analysts See $1.22 EPS for Dover Corporation (DOV)

June 15, 2018 - By Henry Gaston

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.84 in 2018 Q1. 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.
Century Inc, Missouri-based fund reported 32,069 shares. Williams Jones & Assoc Ltd Liability Com holds 2.54% or 1.11M shares in its portfolio. Mai Mgmt has 0.02% invested in Dover Corporation (NYSE:DOV). Pictet Asset Mngmt Ltd stated it has 90,608 shares or 0.02% of all its holdings. Tower Research Ltd Llc (Trc) has 1,040 shares for 0.01% of their portfolio. Pinebridge Invs L P invested 0.05% in Dover Corporation (NYSE:DOV). Haverford owns 0.01% invested in Dover Corporation (NYSE:DOV) for 4,332 shares. Brown Advisory invested in 0.03% or 73,671 shares. New York State Common Retirement Fund holds 0.04% of its portfolio in Dover Corporation (NYSE:DOV) for 366,700 shares. Independent Invsts holds 0.9% of its portfolio in Dover Corporation (NYSE:DOV) for 23,100 shares. Bryn Mawr Tru Company invested in 4,883 shares or 0.03% of the stock. Mercer Advisers, New Jersey-based fund reported 905 shares. Gofen & Glossberg Ltd Il has 0.03% invested in Dover Corporation (NYSE:DOV). Boston Limited Liability owns 0.04% invested in Dover Corporation (NYSE:DOV) for 14,637 shares. Price T Rowe Associate Inc Md reported 255,620 shares.

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. Somasundaram Sivasankaran sold $511,965 worth of stock or 5,000 shares. WINSTON MARY A sold $197,146 worth of stock. Kosinski Anthony K had sold 895 shares worth $93,382 on Monday, February 26. Goldberg Paul also sold $336,600 worth of Dover Corporation (NYSE:DOV) shares.

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. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, February 1 report. The rating was maintained by Stifel Nicolaus on Tuesday, January 16 with “Hold”. The company was maintained on Wednesday, January 31 by Stifel Nicolaus. The rating was maintained by Seaport Global on Thursday, February 1 with “Hold”. The firm has “Outperform” rating by BMO Capital Markets given on Monday, April 30. Morgan Stanley maintained it with “Overweight” rating and $106 target in Monday, April 30 report. RBC Capital Markets maintained it with “Hold” rating and $100.0 target in Wednesday, January 3 report. The stock of Dover Corporation (NYSE:DOV) earned “Neutral” rating by Citigroup on Monday, April 30. The stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by RBC Capital Markets on Wednesday, January 17. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, January 25.

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: “Honeywell, Dover among companies exiting Iran presence before sanctions” on June 05, 2018. Seekingalpha.com‘s article titled: “Wall Street Breakfast: ECB Steps Toward Exiting QE” and published on June 06, 2018 is yet another important article.

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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