Dover Corp (DOV) Analysts See $1.13 EPS

September 17, 2017 - By Louis Casey

 Dover Corp (DOV) Analysts See $1.13 EPS
Investors sentiment increased to 0.96 in Q4 2016. Its up 0.03, from 0.93 in 2016Q3. It increased, as 50 investors sold Dover Corp shares while 193 reduced holdings. 70 funds opened positions while 163 raised stakes. 130.37 million shares or 0.60% more from 129.60 million shares in 2016Q3 were reported.
Research And reported 2.22% stake. Tarbox Incorporated invested 0% in Dover Corp (NYSE:DOV). Boston Private Wealth Ltd Liability Corporation reported 17,457 shares or 0.05% of all its holdings. Independent Investors holds 0.8% or 23,200 shares in its portfolio. Laurion Limited Partnership owns 12,900 shares or 0.01% of their US portfolio. The New York-based Luminus Management Ltd Co has invested 0.34% in Dover Corp (NYSE:DOV). Williams Jones And Associates Lc reported 2.94% of its portfolio in Dover Corp (NYSE:DOV). 152,250 are held by Ig Mgmt Ltd. Us Retail Bank De reported 174,995 shares. Artemis Investment Mgmt Ltd Liability Partnership reported 1.35% stake. Vanguard Gp holds 15.39 million shares or 0.06% of its portfolio. Gardner Russo And Gardner Lc, Pennsylvania-based fund reported 58,976 shares. Everpoint Asset Ltd Company holds 86,200 shares. First Manhattan Com reported 364 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 37,486 shares for 0.03% of their portfolio.

Since May 12, 2017, it had 0 buys, and 3 insider sales for $5.83 million activity. On Friday, May 12 the insider Fincher C. Anderson sold $1.25M.

Wall Street await Dover Corp (NYSE:DOV) to release earnings on October, 18. Analysts forecast earnings per share of $1.13, up exactly $0.26 or 29.89 % from 2014’s $0.87 EPS. The expected DOV’s profit could reach $176.02M giving the stock 19.87 P/E in the case that $1.13 earnings per share is reported. After posting $1.04 EPS for the previous quarter, Dover Corp’s analysts now forecast 8.65 % EPS growth. The stock decreased 0.26% or $0.23 on September 15, reaching $89.81. About 1.12M shares traded or 21.79% up from the average. Dover Corp (NYSE:DOV) has risen 29.68% since September 17, 2016 and is uptrending. It has outperformed by 12.98% the S&P500.

Dover Corp (NYSE:DOV) Ratings Coverage

Among 21 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Dover had 70 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs to “Neutral” on Tuesday, January 12. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, March 17 report. The stock has “Hold” rating by Stifel Nicolaus on Friday, September 1. Robert W. Baird upgraded the shares of DOV in report on Wednesday, June 8 to “Outperform” rating. The firm has “Hold” rating given on Tuesday, August 8 by Oppenheimer. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, November 3 report. William Blair maintained Dover Corp (NYSE:DOV) on Friday, September 4 with “Buy” rating. The stock has “Buy” rating by Bank of America on Thursday, August 3. The stock of Dover Corp (NYSE:DOV) has “Hold” rating given on Thursday, October 20 by Stifel Nicolaus. The stock of Dover Corp (NYSE:DOV) earned “Mkt Perform” rating by Bernstein on Friday, January 15.

Dover Corporation is a diversified global maker delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The company has market cap of $13.99 billion. The Company’s divisions include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. It has a 22.49 P/E ratio. The Company’s Energy segment is a well-known provider of solutions and services for production and processing of fuels around the world.

More notable recent Dover Corp (NYSE:DOV) news were published by: Reuters.com which released: “Dover considering sale of upstream energy unit” on September 12, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: Dover Corp, Corning and Aircastle” published on August 25, 2017, Reuters.com published: “BRIEF-Dover Corp exploring strategic alternatives for the separation of its …” on September 12, 2017. More interesting news about Dover Corp (NYSE:DOV) were released by: Nasdaq.com and their article: “Dover Corporation (DOV) Ex-Dividend Date Scheduled for August 29, 2017” published on August 28, 2017 as well as Streetinsider.com‘s news article titled: “Form 8-K DOVER Corp For: Sep 14” with publication date: September 14, 2017.

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