Rhumbline Advisers raised its position in Dover Corporation (NYSE:DOV – Free Report) by 0.9% during the third quarter, Holdings Channel reports. The firm owned 278,107 shares of the industrial products company’s stock after buying an additional 2,503 shares during the quarter. Rhumbline Advisers’ holdings in Dover were worth $46,396,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Krilogy Financial LLC purchased a new stake in Dover in the third quarter valued at $609,000. Stratos Wealth Partners LTD. lifted its position in shares of Dover by 3.9% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 8,879 shares of the industrial products company’s stock valued at $1,481,000 after acquiring an additional 336 shares during the period. MQS Management LLC purchased a new stake in Dover during the third quarter worth $1,073,000. Applied Finance Capital Management LLC purchased a new position in Dover during the 3rd quarter valued at about $464,000. Finally, Wealthfront Advisers LLC lifted its stake in Dover by 0.4% in the 3rd quarter. Wealthfront Advisers LLC now owns 24,703 shares of the industrial products company’s stock valued at $4,121,000 after buying an additional 90 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors and hedge funds.
Dover Price Performance
NYSE DOV opened at $231.54 on Friday. Dover Corporation has a 1 year low of $143.04 and a 1 year high of $237.54. The stock has a market capitalization of $31.76 billion, a P/E ratio of 29.16, a P/E/G ratio of 1.77 and a beta of 1.29. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.28 and a current ratio of 1.79. The business’s fifty day moving average is $205.32 and its two-hundred day moving average is $186.42.
Dover Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, February 27th. Dover’s payout ratio is presently 26.20%.
Insider Buying and Selling
In related news, SVP Ivonne M. Cabrera sold 2,630 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $190.80, for a total transaction of $501,804.00. Following the transaction, the senior vice president directly owned 72,968 shares of the company’s stock, valued at approximately $13,922,294.40. The trade was a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Christopher B. Woenker sold 1,627 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $186.04, for a total transaction of $302,687.08. Following the completion of the transaction, the chief financial officer owned 2,553 shares in the company, valued at approximately $474,960.12. This represents a 38.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 5,757 shares of company stock valued at $1,150,646. Corporate insiders own 1.30% of the company’s stock.
Trending Headlines about Dover
Here are the key news stories impacting Dover this week:
- Positive Sentiment: Zacks Research raised several near‑term and multi‑year EPS estimates for Dover (notably Q2/Q3 2026 and Q2 2027, and bumped FY2026 and FY2028 targets), implying slightly stronger earnings visibility that supports valuation and medium‑term growth expectations. Zacks estimates report
- Positive Sentiment: The board declared a regular quarterly cash dividend of $0.52 per share (record Feb. 27; payable Mar. 13). The dividend underlines cash return discipline and can help attract income‑oriented investors. Dover Declares Regular Quarterly Cash Dividend
- Neutral Sentiment: Street commentary remains constructive overall: several firms have nudged up price targets or reiterated Buy/Overweight ratings, providing support but not a clear catalyst for a re‑rating. Analyst coverage summary
- Negative Sentiment: Insider selling — VP Girish Juneja sold 1,500 shares at roughly $230.77 on Feb. 11, trimming his stake by ~15% — which some investors may view as near‑term profit taking. The transaction was disclosed in a Form 4 filing. Form 4 filing
Analysts Set New Price Targets
A number of research firms have recently weighed in on DOV. Morgan Stanley set a $210.00 price objective on shares of Dover in a research report on Wednesday, February 4th. Wall Street Zen cut Dover from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Wells Fargo & Company raised their price objective on Dover from $205.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of Dover in a research report on Monday, December 29th. Finally, Oppenheimer lifted their price objective on shares of Dover from $228.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dover presently has a consensus rating of “Moderate Buy” and an average price target of $224.00.
Get Our Latest Stock Report on DOV
Dover Company Profile
Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.
Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.
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