Dixon Hubard Feinour & Brown Inc. VA bought a new stake in Dover Corporation (NYSE:DOV) during the third quarter, according to its most recent filing with the SEC. The firm bought 2,493 shares of the industrial products company’s stock, valued at approximately $228,000.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in Dover Corporation by 11.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,962,208 shares of the industrial products company’s stock valued at $398,069,000 after buying an additional 511,469 shares during the last quarter. Geneva Advisors LLC grew its position in Dover Corporation by 25.3% in the 2nd quarter. Geneva Advisors LLC now owns 5,763 shares of the industrial products company’s stock worth $462,000 after purchasing an additional 1,162 shares during the last quarter. Nuance Investments LLC grew its position in Dover Corporation by 9.5% in the 2nd quarter. Nuance Investments LLC now owns 38,146 shares of the industrial products company’s stock worth $3,060,000 after purchasing an additional 3,310 shares during the last quarter. Principal Financial Group Inc. grew its position in Dover Corporation by 10.9% in the 2nd quarter. Principal Financial Group Inc. now owns 261,022 shares of the industrial products company’s stock worth $20,939,000 after purchasing an additional 25,734 shares during the last quarter. Finally, Sciencast Management LP grew its position in Dover Corporation by 107.3% in the 2nd quarter. Sciencast Management LP now owns 13,029 shares of the industrial products company’s stock worth $1,045,000 after purchasing an additional 6,744 shares during the last quarter. Institutional investors and hedge funds own 85.66% of the company’s stock.

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Dover Corporation (NYSE DOV) traded up $0.15 on Wednesday, reaching $94.79. 505,200 shares of the company’s stock traded hands, compared to its average volume of 1,233,371. The company has a quick ratio of 0.87, a current ratio of 1.32 and a debt-to-equity ratio of 0.70. The firm has a market cap of $14,744.07, a PE ratio of 26.22, a PEG ratio of 1.85 and a beta of 1.28. Dover Corporation has a 52-week low of $68.10 and a 52-week high of $97.09.

Dover Corporation (NYSE:DOV) last issued its quarterly earnings results on Thursday, October 19th. The industrial products company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.11 by $0.05. Dover Corporation had a net margin of 8.91% and a return on equity of 14.10%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the previous year, the company earned $0.83 EPS. Dover Corporation’s revenue was up 17.5% on a year-over-year basis. sell-side analysts expect that Dover Corporation will post 3.94 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Wednesday, November 29th. Dover Corporation’s dividend payout ratio is 43.72%.

In other news, Director Michael B. Stubbs sold 41,505 shares of Dover Corporation stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $95.67, for a total transaction of $3,970,783.35. Following the completion of the sale, the director now owns 275,344 shares in the company, valued at approximately $26,342,160.48. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Paul Goldberg sold 4,400 shares of Dover Corporation stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $95.25, for a total transaction of $419,100.00. Following the sale, the vice president now owns 4,070 shares of the company’s stock, valued at approximately $387,667.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,276 shares of company stock valued at $6,234,042. 2.50% of the stock is owned by corporate insiders.

Several analysts have issued reports on DOV shares. Royal Bank Of Canada restated a “hold” rating and issued a $91.00 price target on shares of Dover Corporation in a research report on Wednesday, September 6th. SunTrust Banks, Inc. restated a “hold” rating and issued a $90.00 price target on shares of Dover Corporation in a research report on Thursday, October 12th. J P Morgan Chase & Co raised shares of Dover Corporation from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $80.00 to $105.00 in a report on Wednesday, September 20th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Dover Corporation in a report on Wednesday, September 13th. Finally, Zacks Investment Research downgraded shares of Dover Corporation from a “buy” rating to a “hold” rating in a report on Monday, October 23rd. Twelve analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $94.69.

About Dover Corporation

Dover Corporation is a diversified global manufacturer delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The Company’s segments include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. The Company’s Energy segment is a provider of solutions and services for production and processing of fuels around the world.

Institutional Ownership by Quarter for Dover Corporation (NYSE:DOV)

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