Rhumbline Advisers Acquires 2,503 Shares of Dover Corporation $DOV

Rhumbline Advisers grew its holdings in shares of Dover Corporation (NYSE:DOV) by 0.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 278,107 shares of the industrial products company’s stock after purchasing an additional 2,503 shares during the period. Rhumbline Advisers owned approximately 0.20% of Dover worth $46,396,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DOV. Vanguard Group Inc. raised its stake in Dover by 1.4% during the second quarter. Vanguard Group Inc. now owns 16,573,281 shares of the industrial products company’s stock valued at $3,036,722,000 after buying an additional 231,146 shares during the last quarter. State Street Corp increased its holdings in shares of Dover by 2.7% during the second quarter. State Street Corp now owns 6,447,149 shares of the industrial products company’s stock valued at $1,181,311,000 after acquiring an additional 171,934 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Dover by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 3,453,121 shares of the industrial products company’s stock worth $629,996,000 after purchasing an additional 33,539 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in Dover by 10.6% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 2,376,279 shares of the industrial products company’s stock worth $435,406,000 after purchasing an additional 227,653 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Dover by 717.4% during the 2nd quarter. First Trust Advisors LP now owns 1,716,256 shares of the industrial products company’s stock valued at $314,470,000 after purchasing an additional 1,506,288 shares in the last quarter. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Wall Street Analysts Forecast Growth

DOV has been the topic of several analyst reports. Wells Fargo & Company upped their target price on shares of Dover from $205.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. UBS Group set a $256.00 target price on Dover and gave the company a “buy” rating in a research note on Sunday, January 4th. Robert W. Baird set a $255.00 target price on Dover in a report on Friday, January 30th. Citigroup reaffirmed a “buy” rating on shares of Dover in a report on Monday, January 12th. Finally, Barclays set a $206.00 price objective on Dover in a research report on Monday, February 2nd. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $224.00.

Key Headlines Impacting 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

Insiders Place Their Bets

In other Dover news, SVP Ivonne M. Cabrera sold 2,630 shares of Dover stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $190.80, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Christopher B. Woenker sold 1,627 shares of the company’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $186.04, for a total transaction of $302,687.08. Following the transaction, the chief financial officer owned 2,553 shares in the company, valued at approximately $474,960.12. This trade represents a 38.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 5,757 shares of company stock worth $1,150,646 in the last three months. Corporate insiders own 1.30% of the company’s stock.

Dover Trading Up 0.4%

Dover stock opened at $231.54 on Friday. The stock has a market cap of $31.76 billion, a P/E ratio of 29.16, a PEG ratio of 1.77 and a beta of 1.29. Dover Corporation has a 1 year low of $143.04 and a 1 year high of $237.54. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.79 and a quick ratio of 1.28. The firm’s 50 day moving average price is $205.32 and its 200-day moving average price is $186.42.

Dover (NYSE:DOV) last posted its earnings results on Thursday, January 29th. The industrial products company reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Dover had a net margin of 13.52% and a return on equity of 17.87%. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the firm posted $2.20 earnings per share. Dover’s revenue for the quarter was up 8.8% compared to the same quarter last year. On average, equities analysts predict that Dover Corporation will post 9.45 earnings per share for the current fiscal year.

Dover Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.08 dividend on an annualized basis and a yield of 0.9%. Dover’s dividend payout ratio is 26.20%.

About Dover

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.