Dover Corporation Company Profile (NYSE:DOV)

About Dover Corporation

Dover Corporation logoDover Corporation (Dover) is engaged in the manufacturing of equipment, components and specialty systems. The Company also provides supporting engineering, testing and other services. The Company operates through four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment provides solutions and services for production and processing of fuels across the world. Its Fluids segment is focused on the handling of critical fluids across the retail fueling, chemical, hygienic, oil and gas, and industrial markets. Dover's Engineered Systems segment is focused on the design, manufacture and service of critical equipment and components. Its Refrigeration & Food Equipment segment provides equipment and systems serving the commercial refrigeration and food service markets. The Company's businesses are based in the United States and Europe with manufacturing and other operations across the world.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Machinery
  • Sub-Industry: Industrial Machinery
  • Exchange: NYSE
  • Symbol: DOV
  • CUSIP: 26000310
Key Metrics:
  • Previous Close: $80.06
  • 50 Day Moving Average: $78.93
  • 200 Day Moving Average: $73.55
  • 52-Week Range: $58.91 - $82.32
  • Trailing P/E Ratio: 24.63
  • Foreward P/E Ratio: 18.84
  • P/E Growth: 1.89
  • Market Cap: $12.45B
  • Outstanding Shares: 155,502,000
  • Beta: 1.18
Profitability:
  • Net Margins: 7.49%
  • Return on Equity: 12.35%
  • Return on Assets: 4.96%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 1.33%
  • Quick Ratio: 0.89%
Additional Links:
Companies Related to Dover Corporation:

Analyst Ratings

Consensus Ratings for Dover Corporation (NYSE:DOV) (?)
Ratings Breakdown: 11 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.39)
Consensus Price Target: $74.25 (7.26% downside)

Analysts' Ratings History for Dover Corporation (NYSE:DOV)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017BMO Capital MarketsInitiated CoverageMarket Perform$82.00View Rating Details
1/30/2017Langenberg & CompanyUpgradeSell -> HoldView Rating Details
1/26/2017RBC Capital MarketsSet Price TargetHold$73.00View Rating Details
1/27/2017Stifel NicolausBoost Price TargetHold$76.00 -> $85.00View Rating Details
1/3/2017Vertical ResearchUpgradeHold -> BuyView Rating Details
12/29/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingOutperformView Rating Details
10/11/2016Barclays PLCSet Price TargetHold$71.00 -> $68.00View Rating Details
10/11/2016Citigroup Inc.Lower Price TargetNeutral$76.00 -> $72.00View Rating Details
10/7/2016Susquehanna Bancshares IncInitiated CoverageNeutral$77.00View Rating Details
10/6/2016Bank of America CorpReiterated RatingBuy$85.00View Rating Details
6/8/2016Robert W. BairdUpgradeNeutral -> Outperform$66.00 -> $86.00View Rating Details
4/25/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$59.00 -> $75.00View Rating Details
4/7/2016Morgan StanleyBoost Price Target$64.00 -> $65.00View Rating Details
3/21/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$69.00 -> $67.00View Rating Details
3/16/2016J P Morgan Chase & CoLower Price TargetNeutral$58.00 -> $57.00View Rating Details
3/16/2016Royal Bank of CanadaLower Price TargetSector Perform$62.00 -> $59.00View Rating Details
3/14/2016Credit Suisse GroupBoost Price TargetOutperform$71.00 -> $73.00View Rating Details
3/7/2016NomuraBoost Price TargetBuy$68.00 -> $77.00View Rating Details
1/27/2016William BlairReiterated RatingMarket Perform$66.00View Rating Details
1/11/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$60.00View Rating Details
12/1/2015Deutsche Bank AGReiterated RatingSellView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Dover Corporation (NYSE:DOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/26/2017Q416$0.95$0.71$1.71 billion$1.80 billionViewListenView Earnings Details
10/19/2016Q316$0.82$0.83$1.71 billion$1.71 billionViewListenView Earnings Details
7/21/2016Q216$0.85$0.76$1.71 billion$1.69 billionViewListenView Earnings Details
4/21/2016Q116$0.60$0.52$1.59 billion$1.60 billionViewListenView Earnings Details
1/26/2016Q415$0.74$0.81$1.67 billion$1.70 billionViewListenView Earnings Details
10/20/2015Q315$1.07$1.14$1.81 billion$1.80 billionViewListenView Earnings Details
7/21/2015Q215$0.99$0.97$1.77 billion$1.80 billionViewListenView Earnings Details
4/21/2015Q115$0.71$0.72$1.72 billion$1.70 billionViewListenView Earnings Details
1/27/2015Q414$0.94$1.01$2.04 billion$2.00 billionViewListenView Earnings Details
10/16/2014Q314$1.32$1.38$2.05 billion$2.10 billionViewListenView Earnings Details
7/17/2014Q214$1.28$1.29$2.07 billion$2.00 billionViewListenView Earnings Details
4/17/2014Q114$1.03$1.01$1.89 billion$1.90 billionViewListenView Earnings Details
1/30/2014Q413$1.28$1.28$2.17 billion$2.20 billionViewListenView Earnings Details
10/17/2013Q313$1.50$1.54$2.31 billion$2.30 billionViewListenView Earnings Details
7/18/2013Q2 2013$1.29$1.70$2.19 billion$2.23 billionViewListenView Earnings Details
4/17/2013Q1 2013$1.08$1.10$2.07 billion$2.04 billionViewListenView Earnings Details
1/24/2013Q4 2012$1.07$1.09$1.89 billion$2.01 billionViewListenView Earnings Details
10/17/2012$1.28$1.32ViewN/AView Earnings Details
7/18/2012$1.14$1.15ViewN/AView Earnings Details
4/18/2012$1.02$1.05ViewN/AView Earnings Details
1/25/2012$1.04$1.07ViewN/AView Earnings Details
10/21/2011$1.13$1.20ViewN/AView Earnings Details
7/22/2011$1.14$1.19ViewN/AView Earnings Details
4/21/2011$0.90$0.92ViewN/AView Earnings Details
1/28/2011$0.82$0.94ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Dover Corporation (NYSE:DOV)
Current Year EPS Consensus Estimate: $3.57 EPS
Next Year EPS Consensus Estimate: $4.25 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167$0.54$0.79$0.66
Q2 20164$0.85$0.88$0.87
Q3 20164$0.81$1.10$0.89
Q4 20164$0.73$0.82$0.76
Q1 20174$0.59$0.68$0.64
Q2 20174$0.83$0.98$0.89
Q3 20174$0.93$1.12$1.02
Q4 20174$0.94$1.04$1.00
Q1 20182$0.73$0.83$0.78
Q2 20182$1.01$1.12$1.07
Q3 20182$1.20$1.33$1.27
Q4 20182$1.10$1.19$1.15
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Dover Corporation (NYSE:DOV)
Annual Dividend:$1.76
Dividend Yield:2.20%
Dividend Growth:5.90% (3 Year Average)
Payout Ratio:53.99% (Based on Trailing 12 Months of Earnings)
49.30% (Based on Current Year Consensus EPS Estimate)
41.41% (Based on Next Year Consensus EPS Estimate)
Track Record:61 Years of Consecutive Dividend Growth

Dividend History for Dover Corporation (NYSE:DOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/10/2017quarterly$0.442.21%2/24/20172/28/20173/15/2017
11/7/2016quarterly$0.442.64%11/28/201611/30/201612/15/2016
8/8/2016quarterly$0.442.39%8/29/20168/31/20169/15/2016
5/5/2016quarterly$0.422.66%5/26/20165/31/20166/15/2016
2/11/2016quarterly$0.422.79%2/25/20162/29/20163/15/2016
11/5/2015quarterly$0.422.63%11/25/201511/30/201512/15/2015
8/6/2015quarterly$0.422.63%8/27/20158/31/20159/15/2015
5/7/2015quarterly$0.402.13%5/27/20155/29/20156/15/2015
2/12/2015quarterly$0.402.15%2/25/20152/27/20153/16/2015
11/10/2014quarterly$0.401.97%11/25/201411/28/201412/15/2014
8/7/2014quarterly$0.401.87%8/27/20148/29/20149/15/2014
5/6/2014quarterly$0.381.76%5/28/20145/30/20146/16/2014
2/14/2014quarterly$0.381.74%3/12/20143/14/20143/31/2014
11/11/2013quarterly$0.381.63%11/26/201311/29/201312/16/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Dover Corporation (NYSE:DOV)
Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 84.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/24/2017Sandra A ArkellVPSell1,850$79.94$147,889.00View SEC Filing  
11/14/2016Jay L KloosterboerInsiderSell11,501$70.25$807,945.25View SEC Filing  
10/26/2016Sandra A ArkellVPSell565$68.73$38,832.45View SEC Filing  
8/10/2016C. Anderson FincherVPSell1,420$73.42$104,256.40View SEC Filing  
8/5/2016Paul GoldbergVPSell1,800$72.13$129,834.00View SEC Filing  
8/2/2016Robert LivingstonCEOSell25,927$69.24$1,795,185.48View SEC Filing  
7/28/2016William SpurgeonVPSell17,170$71.65$1,230,230.50View SEC Filing  
2/25/2016Stephen SellhausenSVPSell18,500$59.86$1,107,410.00View SEC Filing  
2/17/2016Michael F JohnstonDirectorBuy4,000$61.80$247,200.00View SEC Filing  
5/20/2015Robert LivingstonCEOSell5,000$76.84$384,200.00View SEC Filing  
2/19/2015C. Anderson FincherVPSell3,698$74.33$274,872.34View SEC Filing  
2/5/2015Michael B StubbsDirectorSell69,000$72.73$5,018,370.00View SEC Filing  
10/23/2014Richard K LochridgeDirectorSell2,550$78.48$200,124.00View SEC Filing  
7/24/2014Paul GoldbergVPSell2,977$89.67$266,947.59View SEC Filing  
5/13/2014Sivasankaran SomasundaramVPSell4,000$86.81$347,240.00View SEC Filing  
5/9/2014Mary A WinstonDirectorSell3,000$85.18$255,540.00View SEC Filing  
4/23/2014Jay L KloosterboerSVPSell8,770$86.29$756,763.30View SEC Filing  
4/23/2014Raymond T MckayVPSell14,762$86.20$1,272,484.40View SEC Filing  
10/30/2013Jeffrey NiewVPSell7,281$92.09$670,507.29View SEC Filing  
8/12/2013Sivasankaran SomasundaramVPSell2,009$88.14$177,073.26View SEC Filing  
8/1/2013Thomas GiacominiVPSell11,228$87.77$985,481.56View SEC Filing  
7/26/2013Raymond T MckayVPSell8,630$84.52$729,407.60View SEC Filing  
7/24/2013James MoyleVPSell2,412$85.15$205,381.80View SEC Filing  
7/23/2013Jeffrey NiewVPSell6,198$85.23$528,255.54View SEC Filing  
7/22/2013Paul GoldbergVPSell5,887$85.02$500,512.74View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Dover Corporation (NYSE:DOV)
DateHeadline
News IconSalisbury Fire Company 1 Plans to Separate from SFD (NYSE:DOV)
www.wboc.com - February 23 at 4:46 PM
News IconSADIF Analytics releases new summary due diligence report for Dover Corp ($DOV). (NYSE:DOV)
reports.pr-inside.com - February 23 at 4:46 PM
News IconDover Chemical Corporation gains new thermal stabilizer for food (NYSE:DOV)
www.timesreporter.com - February 23 at 4:46 PM
News IconA Favorite Among Institutions: Dover Corporation (NYSE:DOV) - Rockville Register (NYSE:DOV)
rockvilleregister.com - February 22 at 6:30 AM
marketexclusive.com logoAnalyst Activity – BMO Capital Markets Reiterates Hold on Dover Corporation (NYSE:DOV) - Market Exclusive (NYSE:DOV)
marketexclusive.com - February 22 at 6:30 AM
News IconPneumatic Diaphragm Milk Pump Market 2017- Flowserve Corp., Grundfos Pumps Corp., Dover Corp., Alltech Dosieranlagen, Blue White Industries (NYSE:DOV)
www.satprnews.com - February 17 at 7:13 PM
News IconKinderhook Forms New Performance Parts Platform Through Major Acquisitions (NYSE:DOV)
www.aftermarketnews.com - February 16 at 7:56 PM
prnewswire.com logoCommercial Refrigeration Equipment Market Analysis By Type, By Retail Channel, By Application and Segment Forecasts to 2024 (NYSE:DOV)
www.prnewswire.com - February 16 at 7:56 PM
News IconKinderhook creates new performance vehicle parts business after 40th vehicle aftermarket acquisition (NYSE:DOV)
www.altassets.net - February 16 at 7:56 PM
News IconKinderhook buys Performance Motorsports (NYSE:DOV)
www.pehub.com - February 16 at 7:56 PM
live-pr.com logoReport Published: "Dover Corporation - Strategy, SWOT and Corporate Finance Report" (NYSE:DOV)
www.live-pr.com - February 16 at 7:56 PM
wsj.com logo[$$] Kinderhook Buys Stake in Unit of Dover Corp. for $150 Million (NYSE:DOV)
www.wsj.com - February 16 at 2:55 PM
finance.yahoo.com logoDOVER CORP Financials (NYSE:DOV)
finance.yahoo.com - February 16 at 2:55 PM
finance.yahoo.com logo4:11 pm Dover sells its Performance Motorsports International unit to Race Winning Brands, a portfolio company of Kinderhook Industries, LLC for total consideration of $150 mln, which includes its retention of a minority ownership interest (NYSE:DOV)
finance.yahoo.com - February 14 at 10:43 PM
finance.yahoo.com logoDover Corporation: Dover Completes The Sale Of Performance Motorsports International (NYSE:DOV)
finance.yahoo.com - February 14 at 5:40 PM
prnewswire.com logoXen Pillow Announces New Orthopedic Product Line to Provide Continual Relief from Neck Pain (NYSE:DOV)
www.prnewswire.com - February 13 at 10:32 PM
finance.yahoo.com logoDover Corporation: Dover To Present At The Barclays Industrial Select Conference (NYSE:DOV)
finance.yahoo.com - February 13 at 5:31 PM
News IconLarge Outflow of Money Witnessed in Dover Corporation - Highland Mirror (NYSE:DOV)
www.highlandmirror.com - February 13 at 6:37 AM
News IconBabylon envisions a new East Farmingdale, with bus rapid transit (NYSE:DOV)
www.newsday.com - February 11 at 4:52 PM
biz.yahoo.com logoDOVER CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Stateme (NYSE:DOV)
biz.yahoo.com - February 10 at 5:14 PM
finance.yahoo.com logoDover Corporation: Dover Declares Regular Quarterly Cash Dividend (NYSE:DOV)
finance.yahoo.com - February 10 at 5:14 PM
openpr.com logoGlobal Artificial Lift Systems Market 2017-2022 General Electric, Halliburton, Dover Corporation, Weatherford, Novomet (NYSE:DOV)
www.openpr.com - February 10 at 3:23 AM
reuters.com logoBRIEF-Dover Corp's board appoints Eric Spiegel as independent director (NYSE:DOV)
www.reuters.com - February 10 at 3:23 AM
News IconMarket Update on Shares of Dover Corporation (DOV) - Benton Bulletin (NYSE:DOV)
bentonbulletin.com - February 9 at 5:20 PM
finance.yahoo.com logoDover Corporation: Eric A. Spiegel Joins Dover's Board As Independent Director (NYSE:DOV)
finance.yahoo.com - February 9 at 5:20 PM
thestreet.com logoAnalyst Favorites With Strong Buyback Activity: Dover Ranks As A Top Pick (NYSE:DOV)
www.thestreet.com - February 8 at 5:16 PM
News IconDiversified Machinery: Dover Corporation (NYSE:DOV) Position of the day (NYSE:DOV)
twincountynews.com - February 7 at 5:55 PM
News IconTop Gainers of the Day: Dover Corporation (NYSE:DOV) from Diversified Machinery (NYSE:DOV)
twincountynews.com - February 6 at 9:53 PM
News Icon$31 million road could prop up Dover Mall (NYSE:DOV)
www.delawareonline.com - February 6 at 4:50 PM
News IconAn anglophile's first time in London (NYSE:DOV)
ask.metafilter.com - February 5 at 3:02 AM
News IconDover's Central Avenue bridge repairs to affect parking, traffic flow (NYSE:DOV)
www.fosters.com - February 3 at 5:08 PM
capitalcube.com logoETFs with exposure to Dover Corp. : February 2, 2017 (NYSE:DOV)
www.capitalcube.com - February 2 at 5:14 PM
News IconDover Corp (DOV) Shareholder Inverness Counsel LLC Upped Its Holding by $10.14 Million (NYSE:DOV)
randolphguide.com - February 1 at 10:21 PM
News IconLarge Cap Diversified Machinery: Dover Corporation (NYSE:DOV) (NYSE:DOV)
twincountynews.com - February 1 at 10:21 PM
News IconEarnings Forecast Research on Dover Corporation (DOV) - Highland Mirror (NYSE:DOV)
www.highlandmirror.com - February 1 at 5:20 PM
openpr.com logoRefrigerated Display Cases Market to Exhibit 9.6% CAGR due to Growing Demand for Plug-In Refrigerated Display Cases (NYSE:DOV)
www.openpr.com - February 1 at 3:30 AM
News IconLawyer seeks Levy Court support for ‘funding tool’: Mall access road projected at $31M (NYSE:DOV)
delawarestatenews.net - January 31 at 10:30 PM
News IconStock Dragged Lower Ahead of Market Open: Dover Corporation (NYSE:DOV) - Aiken Advocate (NYSE:DOV)
aikenadvocate.com - January 31 at 12:01 AM
capitalcube.com logoDover Corp. :DOV-US: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (NYSE:DOV)
www.capitalcube.com - January 30 at 11:31 AM
News IconSignal Watch: Checking the Numbers for Dover Corporation (DOV) - Springdale Times (NYSE:DOV)
springdaletimes.com - January 29 at 9:52 PM
News IconLeading stocks in today’s market: Dover Corporation (NYSE:DOV) (NYSE:DOV)
twincountynews.com - January 28 at 4:57 PM
marketexclusive.com logoDOVER CORPORATION (NYSE:DOV) Files An 8-K Results of Operations and Financial Condition (NYSE:DOV)
marketexclusive.com - January 27 at 6:25 PM
seekingalpha.com logoDover Corp 2016 Q4 - Results - Earnings Call Slides (NYSE:DOV)
seekingalpha.com - January 27 at 6:25 PM
News IconIs Dover Corporation (NYSE:DOV), a large market cap stock a smart buy? (NYSE:DOV)
twincountynews.com - January 27 at 6:25 PM
finance.yahoo.com logoPost Earnings Coverage as 3M's EPS Increased 13.3%; Reaffirmed Outlook (NYSE:DOV)
finance.yahoo.com - January 27 at 6:25 PM
reuters.com logoBRIEF-Dover Q4 earnings per share $1.03 from continuing operations (NYSE:DOV)
www.reuters.com - January 27 at 4:12 AM
4-traders.com logoDover : misses 4Q profit forecasts (NYSE:DOV)
www.4-traders.com - January 26 at 11:11 PM
nasdaq.com logoDover Corp Q4 Earnings Decline 13% (NYSE:DOV)
www.nasdaq.com - January 26 at 11:11 PM
News IconDover Corporation (DOV) Share Price Rose While Gavekal Capital LLC Lowered Its Stake (NYSE:DOV)
randolphguide.com - January 26 at 11:11 PM
us.rd.yahoo.com logoDover Reports Fourth Quarter And Full Year 2016 Results (NYSE:DOV)
us.rd.yahoo.com - January 26 at 11:11 PM

Social

What is Dover Corporation's stock symbol?

Dover Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "DOV."

How often does Dover Corporation pay dividends? What is the dividend yield for Dover Corporation?

Dover Corporation declared a quarterly dividend on Friday, February 10th. Shareholders of record on Tuesday, February 28th will be given a dividend of $0.44 per share on Wednesday, March 15th. This represents a $1.76 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, February 24th.

Where is Dover Corporation's stock going? Where will Dover Corporation's stock price be in 2017?

18 analysts have issued 12 month price objectives for Dover Corporation's stock. Their predictions range from $57.00 to $87.00. On average, they expect Dover Corporation's stock price to reach $74.25 in the next twelve months.

When will Dover Corporation announce their earnings?

Dover Corporation is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

Who owns Dover Corporation stock?

Dover Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (6.23%), Franklin Resources Inc. (4.25%), Dimensional Fund Advisors LP (1.22%), Champlain Investment Partners LLC (0.87%), Artemis Investment Management LLP (0.43%) and Bessemer Group Inc. (0.38%). Company insiders that own Dover Corporation stock include C Anderson Fincher, Jay L Kloosterboer, Michael F Johnston, Paul Goldberg, Robert Livingston, Sandra A Arkell, Stephen Sellhausen and William Spurgeon.

Who sold Dover Corporation stock? Who is selling Dover Corporation stock?

Dover Corporation's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, I.G. Investment Management LTD., Franklin Resources Inc., AQR Capital Management LLC, O Shaughnessy Asset Management LLC, NN Investment Partners Holdings N.V., Pinnacle Associates Ltd. and Dimensional Fund Advisors LP. Company insiders that have sold Dover Corporation stock in the last year include C Anderson Fincher, Jay L Kloosterboer, Paul Goldberg, Robert Livingston, Sandra A Arkell, Stephen Sellhausen and William Spurgeon.

Who bought Dover Corporation stock? Who is buying Dover Corporation stock?

Dover Corporation's stock was bought by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Bessemer Group Inc., Renaissance Technologies LLC, Putnam Investments LLC, State Street Corp, Asset Management One Co. Ltd., Luminus Management LLC and Marshall Wace LLP.

How do I buy Dover Corporation stock?

Shares of Dover Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Dover Corporation stock cost?

One share of Dover Corporation stock can currently be purchased for approximately $80.06.

Dover Corporation (NYSE:DOV) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

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

Earnings History Chart

Earnings by Quarter for Dover Corporation (NYSE:DOV)

Dividend History Chart

Dividend Payments by Quarter for Dover Corporation (NYSE:DOV)

Last Updated on 2/24/2017 by MarketBeat.com Staff