Dover Corporation $DOV Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its stake in Dover Corporation (NYSE:DOV) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,049,931 shares of the industrial products company’s stock after selling 13,421 shares during the period. Bank of New York Mellon Corp owned approximately 0.77% of Dover worth $175,160,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of DOV. Machina Capital S.A.S. lifted its position in Dover by 38.8% during the second quarter. Machina Capital S.A.S. now owns 8,779 shares of the industrial products company’s stock worth $1,609,000 after buying an additional 2,452 shares during the period. Nordea Investment Management AB lifted its position in Dover by 9.3% during the second quarter. Nordea Investment Management AB now owns 124,031 shares of the industrial products company’s stock valued at $22,701,000 after buying an additional 10,581 shares in the last quarter. Generali Asset Management SPA SGR lifted its holdings in shares of Dover by 103.4% during the 3rd quarter. Generali Asset Management SPA SGR now owns 16,020 shares of the industrial products company’s stock valued at $2,673,000 after acquiring an additional 8,145 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Dover by 1,644.9% during the third quarter. SG Americas Securities LLC now owns 26,749 shares of the industrial products company’s stock worth $4,463,000 after purchasing an additional 25,216 shares in the last quarter. Finally, Advisory Resource Group boosted its holdings in Dover by 7.7% in the 2nd quarter. Advisory Resource Group now owns 28,732 shares of the industrial products company’s stock worth $5,264,000 after acquiring an additional 2,047 shares during the period. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Q4 results beat expectations — Dover reported $2.51 EPS (toppling the $2.48 consensus) and revenue (~$2.10B) rose ~8.8% y/y, with margins and bookings improving; this confirms accelerating organic growth. Read More.
• Positive Sentiment: Data‑center demand helped results — management cited strong demand for AI/data‑center liquid‑cooling products as a driver of Q4 profit growth, signaling exposure to a higher‑growth end market. Read More.
• Positive Sentiment: New product launch supports long‑term end markets — SWEP (a Dover business) introduced an all‑stainless heat‑exchanger product aimed at electronics/semiconductor cooling, strengthening product exposure to secular trends. Read More.
• Neutral Sentiment: Analyst action mixed — Wells Fargo nudged its price target to $210 from $205 but kept an “equal weight” rating, a modest positive on valuation but not a bullish endorsement. Read More.
• Neutral Sentiment: Investor materials available — Management hosted the Q4 call and published the press release and slide deck (useful for digging into segment dynamics, margin drivers and backlog details). Read More.
• Negative Sentiment: FY‑2026 guidance slightly soft on EPS — Dover guided EPS to $10.45–$10.65 vs. a consensus near $10.62; the lower end of the range and tightness around consensus likely disappointed some investors and capped upside given the beat elsewhere.
• Negative Sentiment: Market caution — some commentators urged patience ahead of the quarter (e.g., cautious take from commentators like Jim Cramer), contributing to muted investor reaction despite the beat. Read More.

Dover Stock Down 0.5%

Shares of NYSE:DOV opened at $201.57 on Friday. The firm has a 50 day simple moving average of $198.14 and a 200 day simple moving average of $183.98. The company has a market cap of $27.64 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 1.41 and a beta of 1.31. Dover Corporation has a 52 week low of $143.04 and a 52 week high of $222.31. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.44 and a current ratio of 1.79.

Dover (NYSE:DOV) last issued its quarterly 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 return on equity of 17.87% and a net margin of 13.52%.The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter in the previous year, the company posted $2.20 earnings per share. Dover’s revenue for the quarter was up 8.8% compared to the same quarter last year. As a group, research analysts expect that Dover Corporation will post 9.45 earnings per share for the current year.

Dover Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were paid a $0.52 dividend. The ex-dividend date was Friday, November 28th. This represents a $2.08 dividend on an annualized basis and a yield of 1.0%. Dover’s payout ratio is 12.79%.

Insider Activity at Dover

In related news, SVP Ivonne M. Cabrera sold 2,630 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $190.80, for a total transaction of $501,804.00. Following the completion of the sale, the senior vice president directly owned 72,968 shares of the company’s stock, valued at approximately $13,922,294.40. This represents a 3.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Christopher B. Woenker sold 1,627 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $186.04, for a total value of $302,687.08. Following the completion of the sale, the chief financial officer directly owned 2,553 shares in the company, valued at approximately $474,960.12. This represents a 38.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have commented on DOV shares. JPMorgan Chase & Co. upped their price objective on shares of Dover from $230.00 to $240.00 and gave the company an “overweight” rating in a research report on Friday. The Goldman Sachs Group reissued a “buy” rating and set a $224.00 price target on shares of Dover in a research report on Saturday. Robert W. Baird set a $255.00 target price on shares of Dover in a report on Friday. Royal Bank Of Canada raised their target price on Dover from $199.00 to $209.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, BNP Paribas Exane initiated coverage on Dover in a research report on Thursday, December 4th. They set a “neutral” rating and a $195.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $222.67.

Dover Company Profile

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.