DOV vs. PH, ITW, IR, XYL, SNA, PNR, IEX, GGG, SWK, and NDSN
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Parker-Hannifin (PH), Illinois Tool Works (ITW), Ingersoll Rand (IR), Xylem (XYL), Snap-on (SNA), Pentair (PNR), IDEX (IEX), Graco (GGG), Stanley Black & Decker (SWK), and Nordson (NDSN). These companies are all part of the "industrial machinery" industry.
Dover vs.
Parker-Hannifin (NYSE:PH) and Dover (NYSE:DOV) are both large-cap industrial products companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, media sentiment, earnings, dividends, profitability, community ranking and risk.
Parker-Hannifin pays an annual dividend of $6.52 per share and has a dividend yield of 1.0%. Dover pays an annual dividend of $2.06 per share and has a dividend yield of 1.1%. Parker-Hannifin pays out 29.4% of its earnings in the form of a dividend. Dover pays out 18.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Parker-Hannifin has increased its dividend for 69 consecutive years and Dover has increased its dividend for 70 consecutive years. Dover is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
82.4% of Parker-Hannifin shares are owned by institutional investors. Comparatively, 84.5% of Dover shares are owned by institutional investors. 0.4% of Parker-Hannifin shares are owned by insiders. Comparatively, 1.3% of Dover shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Parker-Hannifin presently has a consensus price target of $722.94, suggesting a potential upside of 7.78%. Dover has a consensus price target of $212.55, suggesting a potential upside of 9.00%. Given Dover's higher possible upside, analysts plainly believe Dover is more favorable than Parker-Hannifin.
Parker-Hannifin has a beta of 1.45, suggesting that its stock price is 45% more volatile than the S&P 500. Comparatively, Dover has a beta of 1.23, suggesting that its stock price is 23% more volatile than the S&P 500.
Dover has a net margin of 18.63% compared to Parker-Hannifin's net margin of 14.47%. Parker-Hannifin's return on equity of 27.95% beat Dover's return on equity.
Dover received 21 more outperform votes than Parker-Hannifin when rated by MarketBeat users. However, 63.84% of users gave Parker-Hannifin an outperform vote while only 61.47% of users gave Dover an outperform vote.
Parker-Hannifin has higher revenue and earnings than Dover. Dover is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.
In the previous week, Dover had 11 more articles in the media than Parker-Hannifin. MarketBeat recorded 33 mentions for Dover and 22 mentions for Parker-Hannifin. Parker-Hannifin's average media sentiment score of 1.45 beat Dover's score of 0.02 indicating that Parker-Hannifin is being referred to more favorably in the media.
Summary
Parker-Hannifin beats Dover on 12 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:DOV) was last updated on 1/18/2025 by MarketBeat.com Staff
