Dover Corp (DOV) Shares Bought by LPL Financial LLC
Summary
LPL Financial LLC lifted its stake in Dover Corp (NYSE:DOV) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Strategic Wealth Management Group LLC bought a new position in shares of Dover during the 4th quarter valued at approximately $491,000. SunTrust Banks increased their target price on Dover to $91.00 and gave the stock a “hold” rating in a research note on Wednesday, January 30th. Dover Corporation provides equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services worldwide. The Engineered Systems segment offers precision marking and coding, digital textile printing, soldering and dispensing equipment, and related consumables and services; and automation components, including manual clamps, power clamps, rotary and linear mechanical indexers, conveyors, pick and place units, glove ports, and manipulators, as well as end-of-arm robotic grippers, slides, and end effectors for fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions, and industrials end markets.