J.P. Morgan Remains a Buy on Dover (DOV)
In a report released yesterday, Patrick Baumann from J.P. Morgan maintained a Buy rating on Dover, with a price target of $250.00. The company’s shares closed yesterday at $224.14.
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Baumann covers the Industrials sector, focusing on stocks such as MSC Industrial, Dover, and Vertiv Holdings. According to TipRanks, Baumann has an average return of 11.5% and a 77.78% success rate on recommended stocks.
In addition to J.P. Morgan, Dover also received a Buy from Seaport Global’s Walter Liptak in a report issued yesterday. However, on April 24, Deutsche Bank maintained a Hold rating on Dover (NYSE: DOV).
Based on Dover’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.05 billion and a net profit of $238.43 million. In comparison, last year the company earned a revenue of $1.87 billion and had a net profit of $230.82 million
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DOV in relation to earlier this year. Most recently, in February 2026, Richard J Tobin, the COB, Pres & CEO of DOV sold 76,997.00 shares for a total of $17,917,201.90.
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