Dover Corporation $DOV Stock Position Raised by Leeward Investments LLC MA

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

A number of other hedge funds have also made changes to their positions in DOV. Norris Perne & French LLP MI purchased a new position in Dover in the 3rd quarter valued at $295,000. Signaturefd LLC grew its holdings in shares of Dover by 1.9% during the third quarter. Signaturefd LLC now owns 4,411 shares of the industrial products company’s stock worth $825,000 after buying an additional 81 shares in the last quarter. Tectonic Advisors LLC grew its holdings in shares of Dover by 17.9% during the third quarter. Tectonic Advisors LLC now owns 3,947 shares of the industrial products company’s stock worth $738,000 after buying an additional 599 shares in the last quarter. Inspire Investing LLC grew its holdings in shares of Dover by 7.6% during the third quarter. Inspire Investing LLC now owns 26,005 shares of the industrial products company’s stock worth $4,864,000 after buying an additional 1,839 shares in the last quarter. Finally, NBT Bank N.A. acquired a new stake in shares of Dover in the third quarter valued at about $279,000. Institutional investors and hedge funds own 84.46% of the company’s stock.

Dover Stock Performance

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

Dover (NYSE:DOV) last issued its earnings results on Thursday, October 22nd. The industrial products company reported $2.88 earnings per share (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 business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same period last year, the company earned $2.62 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, research analysts anticipate that Dover Corporation will post 10.71 earnings per share for the current year.

Dover Increases Dividend

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

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 equities analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Dover from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 2nd. Mizuho lowered their price target on shares of Dover from $270.00 to $245.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. BMO Capital Markets raised shares of Dover from a “market perform” rating to an “outperform” rating and dropped their price objective for the company from $255.00 to $240.00 in a research note on Friday, July 24th. Wells Fargo & Company increased their price objective on shares of Dover from $229.00 to $233.00 and gave the company an “overweight” rating in a report on Friday. Finally, Wall Street Zen lowered shares of Dover from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Dover currently has an average rating of “Moderate Buy” and an average price target of $238.60.

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.