Dover Corporation $DOV Stock: Leeward Investments LLC MA Increases Holdings

Leeward Investments LLC MA increased its position in shares of Dover Corporation (NYSE:DOV) by 14.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 63,855 shares of the industrial products company’s stock after buying an additional 8,094 shares during the quarter. Leeward Investments LLC MA’s holdings in Dover were worth $11,944,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Norris Perne & French LLP MI acquired a new stake in Dover during the third quarter worth $295,000. Signaturefd LLC raised its position in Dover by 1.9% in the third quarter. Signaturefd LLC now owns 4,411 shares of the industrial products company’s stock valued at $825,000 after purchasing an additional 81 shares during the period. Tectonic Advisors LLC lifted its stake in shares of Dover by 17.9% in the 3rd quarter. Tectonic Advisors LLC now owns 3,947 shares of the industrial products company’s stock valued at $738,000 after purchasing an additional 599 shares during the last quarter. Inspire Investing LLC lifted its stake in shares of Dover by 7.6% in the 3rd quarter. Inspire Investing LLC now owns 26,005 shares of the industrial products company’s stock valued at $4,864,000 after purchasing an additional 1,839 shares during the last quarter. Finally, NBT Bank N.A. acquired a new position in shares of Dover in the 3rd quarter valued at $279,000. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on Dover from $216.00 to $219.00 and gave the stock a “sector perform” rating in a report on Friday. BMO Capital Markets upgraded shares of Dover from a “market perform” rating to an “outperform” rating and reduced their price objective for the company from $255.00 to $240.00 in a report on Friday, July 24th. Wells Fargo & Company upped their target price on shares of Dover from $229.00 to $233.00 and gave the company an “overweight” rating in a research report on Friday. Mizuho lowered their target price on shares of Dover from $270.00 to $245.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Finally, Weiss Ratings cut shares of Dover from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $238.60.

Dover Stock Up 0.1%

Shares of NYSE DOV opened at $199.47 on Monday. The firm has a market cap of $26.53 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 1.71 and a beta of 1.13. The company has a quick ratio of 1.37, a current ratio of 1.95 and a debt-to-equity ratio of 0.34. Dover Corporation has a 52-week low of $176.40 and a 52-week high of $237.54. The business’s 50 day moving average is $193.39 and its two-hundred day moving average is $207.56.

Dover (NYSE:DOV) last released its quarterly earnings results on Thursday, October 22nd. The industrial products company reported $2.88 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.03. Dover had a return on equity of 18.68% and a net margin of 13.60%. The company had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the prior year, the firm earned $2.62 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. Research analysts predict that Dover Corporation will post 10.71 EPS for the current year.

Dover Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were paid a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, August 31st. This is a positive change from Dover’s previous quarterly dividend of $0.52. Dover’s dividend payout ratio is currently 24.48%.

Dover News Summary

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

About Dover

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.