EPS for Dover Corporation (DOV) Expected At $1.22

June 15, 2018 - By James Hentges

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.84 in Q1 2018. Its down 0.15, from 0.99 in 2017Q4. It is negative, 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.
Twin Capital Mgmt Inc holds 0.46% or 90,510 shares. Finemark Financial Bank & invested in 3,459 shares or 0.02% of the stock. Pittenger & Anderson owns 0.19% invested in Dover Corporation (NYSE:DOV) for 22,090 shares. Citadel Advsrs Ltd invested 0.04% in Dover Corporation (NYSE:DOV). Glenmede Trust Na reported 14,360 shares. Employees Retirement System Of Texas reported 0.12% stake. Federated Investors Inc Pa invested in 1,301 shares or 0% of the stock. Stifel Financial Corp holds 0.02% of its portfolio in Dover Corporation (NYSE:DOV) for 65,492 shares. Stevens Cap Mngmt L P has 0.43% invested in Dover Corporation (NYSE:DOV). Bbva Compass State Bank reported 0.17% stake. Woodstock accumulated 3,700 shares. Atlantic Grp Inc Limited Liability Company holds 0.01% of its portfolio in Dover Corporation (NYSE:DOV) for 23,429 shares. Convergence Investment Partners Ltd Liability owns 36,084 shares for 0.46% of their portfolio. Vnbtrust National Association invested in 2,458 shares or 0.14% of the stock. Conning Incorporated holds 0.01% of its portfolio in Dover Corporation (NYSE:DOV) for 3,683 shares.

Since February 26, 2018, it had 1 buy, and 6 insider sales for $2.79 million activity. Shares for $549,708 were sold by Kosinski Anthony K. Another trade for 14,745 shares valued at $1.16 million was sold by Kloosterboer Jay L. Goldberg Paul sold $336,600 worth of stock or 3,300 shares. $511,965 worth of Dover Corporation (NYSE:DOV) was sold by Somasundaram Sivasankaran on Friday, March 9. Burns Patrick bought 635 shares worth $61,908.

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 2.99M 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. Barclays Capital maintained it with “Overweight” rating and $113 target in Monday, April 30 report. The stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by RBC Capital Markets on Tuesday, January 30. On Monday, April 30 the stock rating was maintained by Citigroup with “Neutral”. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, April 5 report. The firm has “Hold” rating given on Tuesday, January 16 by Stifel Nicolaus. The firm has “Overweight” rating by Morgan Stanley given on Monday, April 30. The company was maintained on Thursday, February 1 by Seaport Global. Susquehanna maintained Dover Corporation (NYSE:DOV) on Friday, January 12 with “Hold” rating. The stock of Dover Corporation (NYSE:DOV) has “Hold” rating given on Wednesday, April 18 by SunTrust. The stock has “Hold” rating by Stifel Nicolaus on Monday, April 16.

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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