Envestnet Asset Management sold 16,393 shares of Dover Co., reducing its stake by 8.2%.
Envestnet Asset Management reduced its stake in Dover Co. by 8.2%, holding 182,651 shares after selling 16,393. Institutional investors own 84.46% of Dover's stock. The company reported a Q2 EPS of $2.36, surpassing estimates, and announced a quarterly dividend increase to $0.515. Analysts rate Dover as a "Moderate Buy," with a target price of $192.63. Insider selling activity included CFO Brad M. Cerepak and CEO Richard J. Tobin.
September 21, 2024
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