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Dover Co. saw a 6% earnings jump, pleasing investors despite some divestment by major funds.
California State Teachers Retirement System recently reduced its holdings of Dover Co. (DOV) by 0.9%, while Bannerman Wealth Management Group LLC acquired a new position valued at $228,000.
Dover reported a 6% rise in earnings per share, exceeding market expectations, with a market cap of $24.87 billion.
Analysts forecast Dover to post 9.45 EPS for the year, and the stock has a "Moderate Buy" rating with a target price of $207.75.
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Dover Co. registró un salto de ganancias del 6%, complaciendo a los inversores a pesar de algunas desinversiones por parte de los principales fondos.