$1.13 EPS Expected for Dover Corp (DOV)

September 17, 2017 - By Hazel Jackson

 $1.13 EPS Expected for Dover Corp (DOV)
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.
Apg Asset Mgmt Nv holds 159,342 shares or 0.02% of its portfolio. Court Place Advsr Ltd has 15,327 shares. Cincinnati Casualty Com invested 6.41% in Dover Corp (NYSE:DOV). Pacad Invest Ltd, a British Columbia – Canada-based fund reported 4,300 shares. Thompson Davis Co Inc accumulated 593 shares or 0.07% of the stock. Fruth invested 3.49% in Dover Corp (NYSE:DOV). 6,427 were reported by Salem Inv Counselors. Cincinnati Indemnity holds 29,000 shares or 9.17% of its portfolio. Princeton Port Strategies Limited Liability invested 0.16% in Dover Corp (NYSE:DOV). 53,584 were reported by Tcw Group. Newfocus Fincl Group Limited Liability Corp holds 1.92% of its portfolio in Dover Corp (NYSE:DOV) for 38,032 shares. Timber Hill Llc holds 0% or 10,763 shares. Prudential Financial Inc, a New Jersey-based fund reported 229,794 shares. Nationwide Fund Advisors stated it has 0.05% of its portfolio in Dover Corp (NYSE:DOV). Fjarde Ap owns 33,557 shares or 0.06% of their US portfolio.

Since May 12, 2017, it had 0 insider buys, and 3 insider sales for $5.83 million activity. $3.33M worth of Dover Corp (NYSE:DOV) shares were sold by STUBBS MICHAEL B.

Analysts expect Dover Corp (NYSE:DOV) to report $1.13 EPS on October, 18.They anticipate $0.26 EPS change or 29.89 % from last quarter’s $0.87 EPS. DOV’s profit would be $176.02M giving it 19.87 P/E if the $1.13 EPS is correct. After having $1.04 EPS previously, Dover Corp’s analysts see 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. Stifel Nicolaus maintained Dover Corp (NYSE:DOV) on Friday, January 27 with “Hold” rating. The firm earned “Neutral” rating on Thursday, January 21 by Citigroup. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, March 17. On Thursday, October 20 the stock rating was maintained by Stifel Nicolaus with “Hold”. Stifel Nicolaus maintained Dover Corp (NYSE:DOV) rating on Friday, July 21. Stifel Nicolaus has “Hold” rating and $91 target. The firm earned “Mkt Perform” rating on Friday, January 15 by Bernstein. As per Wednesday, July 5, the company rating was maintained by RBC Capital Markets. Citigroup maintained it with “Neutral” rating and $62 target in Wednesday, March 16 report. On Friday, August 25 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm has “Neutral” rating by Susquehanna given on Friday, October 7.

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: Nasdaq.com which released: “Dover Corporation (DOV) Ex-Dividend Date Scheduled for August 29, 2017” on August 28, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: Dover Corp, Corning and Aircastle” published on August 25, 2017, Marketwatch.com published: “Dover explores potential sale of Wellsite energy businesses” on September 12, 2017. More interesting news about Dover Corp (NYSE:DOV) were released by: Reuters.com and their article: “BRIEF-Dover Corp exploring strategic alternatives for the separation of its …” published on September 12, 2017 as well as Seekingalpha.com‘s news article titled: “Dover Looking To Exit Energy” with publication date: September 15, 2017.

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