Voya Investment Management LLC and a number of other major corporations including
BNP Paribas Exane,
Assenagon Asset Management S.A., and
Amundi have decreased their stake in Dover Corporation $DOV. Despite this,
Jim Cramer has expressed a positive outlook on the stock citing a strong quarter and potential undervaluation. Both investors and brokerages seem to share Cramer's enthusiasm, leading to increased stock purchases from institutions such as
Oak Thistle LLC and
Hohimer Wealth Management LLC.
There are expectations on Wall Street for Dover's earnings growth with multiple entities increasing their holdings including
Nomura Holdings Inc. and
Invesco Ltd. The sentiment appears strong as Dover announced a
$500 million accelerated share repurchase program. This, paired with consistently strong Q3 and Q2 earnings pushing above estimates, makes
Dover appear primed for further growth.
Looking ahead, a range of coverage has been initiated with neutral ratings from
BNP Paribas Exane. Meanwhile,
Oppenheimer sees Dover well-positioned for earnings and cash flow growth while proposed shifts like data center pivots are predicted to reshape the bull case for DOV. Indications also suggest that a streak of consistent dividends, and strategic moves like the acquisition of
SIKORA and
ipp Pump Products, will likely maintain market interest.
Dover Corporation DOV News Analytics from Wed, 26 Feb 2025 08:00:00 GMT to Fri, 26 Dec 2025 13:32:24 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
