Aperio Group LLC decreased its position in shares of Dover Corporation (NYSE:DOV) by 1.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,965 shares of the industrial products company’s stock after selling 1,159 shares during the period. Aperio Group LLC owned 0.07% of Dover Corporation worth $9,593,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. IFP Advisors Inc lifted its position in Dover Corporation by 15.1% during the second quarter. IFP Advisors Inc now owns 1,728 shares of the industrial products company’s stock valued at $139,000 after acquiring an additional 227 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Dover Corporation by 5,446.9% during the first quarter. Tower Research Capital LLC TRC now owns 1,775 shares of the industrial products company’s stock valued at $143,000 after acquiring an additional 1,743 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in Dover Corporation by 388.2% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,694 shares of the industrial products company’s stock valued at $155,000 after acquiring an additional 1,347 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Dover Corporation by 13.0% in the second quarter. Penserra Capital Management LLC now owns 2,236 shares of the industrial products company’s stock worth $179,000 after buying an additional 258 shares during the last quarter. Finally, First Mercantile Trust Co. raised its holdings in shares of Dover Corporation by 10.1% in the second quarter. First Mercantile Trust Co. now owns 2,327 shares of the industrial products company’s stock worth $187,000 after buying an additional 213 shares during the last quarter. 85.19% of the stock is owned by institutional investors.

In other Dover Corporation news, Director Michael B. Stubbs sold 8,495 shares of the company’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $96.30, for a total transaction of $818,068.50. Following the completion of the transaction, the director now owns 275,344 shares in the company, valued at approximately $26,515,627.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael B. Stubbs sold 41,505 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $95.67, for a total transaction of $3,970,783.35. Following the transaction, the director now owns 275,344 shares of the company’s stock, valued at approximately $26,342,160.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 54,400 shares of company stock valued at $5,207,952. 2.50% of the stock is owned by insiders.

DOV has been the subject of a number of research analyst reports. Robert W. Baird set a $91.00 price target on shares of Dover Corporation and gave the stock a “buy” rating in a report on Thursday, August 24th. BMO Capital Markets reaffirmed a “buy” rating and issued a $94.00 price target on shares of Dover Corporation in a report on Sunday, August 27th. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $90.00 price target on shares of Dover Corporation in a report on Thursday, October 12th. Zacks Investment Research cut shares of Dover Corporation from a “buy” rating to a “hold” rating in a report on Monday, October 23rd. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $96.00 price target (up previously from $90.00) on shares of Dover Corporation in a report on Monday, October 9th. Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Dover Corporation has a consensus rating of “Hold” and a consensus price target of $94.69.

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Dover Corporation (NYSE:DOV) last announced its quarterly earnings data on Thursday, October 19th. The industrial products company reported $1.16 EPS for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.05. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.99 billion. Dover Corporation had a net margin of 8.91% and a return on equity of 14.10%. Dover Corporation’s quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 EPS.

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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