Dover Corporation $DOV Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its stake in shares of Dover Corporation (NYSE:DOV) by 107.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,803 shares of the industrial products company’s stock after purchasing an additional 38,293 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.05% of Dover worth $13,805,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Dover by 2.2% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 20,431 shares of the industrial products company’s stock valued at $3,822,000 after buying an additional 433 shares during the last quarter. Frank Rimerman Advisors LLC boosted its position in Dover by 92.1% during the third quarter. Frank Rimerman Advisors LLC now owns 4,715 shares of the industrial products company’s stock worth $854,000 after acquiring an additional 2,260 shares during the last quarter. Vontobel Holding Ltd. boosted its position in Dover by 98.9% during the third quarter. Vontobel Holding Ltd. now owns 31,902 shares of the industrial products company’s stock worth $5,765,000 after acquiring an additional 15,860 shares during the last quarter. TD Waterhouse Canada Inc. grew its stake in Dover by 208,914.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 14,631 shares of the industrial products company’s stock worth $2,555,000 after acquiring an additional 14,624 shares during the period. Finally, Hanson & Doremus Investment Management grew its stake in Dover by 50.9% in the 3rd quarter. Hanson & Doremus Investment Management now owns 10,321 shares of the industrial products company’s stock worth $1,888,000 after acquiring an additional 3,480 shares during the period. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Wolfe Research reiterated an “outperform” rating and issued a $262.00 price target on shares of Dover in a report on Thursday, July 9th. BMO Capital Markets raised Dover from a “market perform” rating to an “outperform” rating and lowered their price objective for the company from $255.00 to $240.00 in a research report on Friday, July 24th. Weiss Ratings lowered Dover from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 2nd. Wall Street Zen downgraded Dover from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Citigroup raised their price target on Dover from $266.00 to $268.00 and gave the stock a “buy” rating in a research note on Friday. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Dover presently has an average rating of “Moderate Buy” and an average price target of $238.60.

Dover Stock Performance

Shares of DOV stock opened at $199.47 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.41 and a current ratio of 1.98. The firm has a market capitalization of $26.86 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 1.71 and a beta of 1.13. Dover Corporation has a one year low of $176.40 and a one year high of $237.54. The company has a 50 day moving average price of $193.39 and a 200 day moving average price of $207.55.

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

Dover Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders 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 yield of 1.1%. The ex-dividend date was Monday, August 31st. Dover’s payout ratio is currently 25.30%.

More Dover News

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

Dover Company 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.