Dover Corporation $DOV Stock Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Dover Corporation (NYSE:DOV) by 107.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,803 shares of the industrial products company’s stock after buying an additional 38,293 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Dover were worth $13,805,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Dover in the second quarter worth $2,347,134,000. Bank of New York Mellon Corp boosted its position in Dover by 5.2% during the 1st quarter. Bank of New York Mellon Corp now owns 3,030,972 shares of the industrial products company’s stock worth $631,806,000 after purchasing an additional 150,319 shares during the period. Bank of America Corp DE purchased a new stake in Dover during the 2nd quarter worth $625,375,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Dover by 2.2% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 969,469 shares of the industrial products company’s stock worth $217,433,000 after purchasing an additional 20,590 shares during the period. Finally, Hsbc Holdings PLC acquired a new stake in Dover in the 2nd quarter valued at $211,269,000. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

Dover Price Performance

Shares of DOV stock opened at $199.47 on Friday. The firm has a fifty day simple moving average of $193.39 and a 200-day simple moving average of $207.55. The company has a market capitalization of $26.86 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 1.71 and a beta of 1.13. Dover Corporation has a twelve month low of $176.40 and a twelve month high of $237.54. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33.

Dover (NYSE:DOV) last released its quarterly earnings results on Thursday, October 22nd. The industrial products company reported $2.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.05. Dover had a net margin of 13.60% and a return on equity of 18.75%. The firm had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the previous year, the firm posted $2.62 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. Equities research analysts anticipate that Dover Corporation will post 10.66 earnings per share for the current fiscal year.

Dover Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a dividend of $0.5250 per share. This is a boost from Dover’s previous quarterly dividend of $0.52. This represents a $2.10 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, August 31st. Dover’s payout ratio is 25.30%.

Key Headlines Impacting Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Dover reported third-quarter adjusted earnings of $2.88 per share, above the $2.85 consensus estimate and up from $2.62 a year earlier. Revenue rose 7.5% year over year to $2.23 billion, narrowly exceeding expectations. Dover Reports Third Quarter 2026 Results
• Positive Sentiment: Broad-based demand, stronger bookings and margin improvement supported the quarter, signaling healthy operating momentum across Dover’s industrial businesses. Dover Q3 Earnings Beat on Broad Demand, Margins Improve
• Positive Sentiment: Management updated full-year 2026 guidance to EPS of $10.60-$10.75 and revenue of approximately $8.7 billion. The EPS midpoint is slightly above the consensus estimate, while the revenue outlook is consistent with expectations. Dover Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their forecasts following the earnings beat, and management’s comments pointed to strong growth potential and additional upside in 2027. Dover Analysts Raise Their Forecasts Following Strong Q3 Earnings

Analysts Set New Price Targets

Several research firms have commented on DOV. Citigroup raised their price objective on Dover from $266.00 to $268.00 and gave the company a “buy” rating in a research report on Friday. BMO Capital Markets raised Dover from a “market perform” rating to an “outperform” rating and decreased their target price for the stock from $255.00 to $240.00 in a research report on Friday, July 24th. Wells Fargo & Company increased their target price on Dover from $229.00 to $233.00 and gave the company an “overweight” rating in a research note on Friday. Wolfe Research reiterated an “outperform” rating and issued a $262.00 target price on shares of Dover in a research note on Thursday, July 9th. Finally, Mizuho dropped their target price on Dover from $270.00 to $245.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Dover has an average rating of “Moderate Buy” and a consensus target price of $238.60.

Dover Profile

Dover Corporation (NYSE: DOV) is a diversified manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including fluid handling, equipment manufacturing, clean energy, fueling, refrigeration, heating and cooling, printing, and vehicle service.

The company’s products include pumps, compressors, controls, dispensing and fueling equipment, refrigeration systems, heat-transfer technologies, industrial machinery, vehicle lifts and service equipment, and components used in engineered industrial applications.