Dover Corporation $DOV Stake Decreased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its holdings in Dover Corporation (NYSE:DOV) by 54.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,869 shares of the industrial products company’s stock after selling 17,993 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Dover were worth $2,481,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Harbour Investments Inc. grew its stake in shares of Dover by 51.7% in the second quarter. Harbour Investments Inc. now owns 176 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 60 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its holdings in Dover by 0.9% in the second quarter. Kornitzer Capital Management Inc. KS now owns 6,911 shares of the industrial products company’s stock worth $1,266,000 after purchasing an additional 60 shares during the period. Pinnacle Wealth Management Advisory Group LLC grew its position in Dover by 4.9% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,282 shares of the industrial products company’s stock valued at $235,000 after buying an additional 60 shares in the last quarter. Certuity LLC increased its stake in Dover by 2.5% during the 2nd quarter. Certuity LLC now owns 2,587 shares of the industrial products company’s stock valued at $474,000 after buying an additional 64 shares during the period. Finally, U.S. Capital Wealth Advisors LLC raised its position in shares of Dover by 4.4% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 1,517 shares of the industrial products company’s stock worth $253,000 after buying an additional 64 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DOV. Weiss Ratings reiterated a “buy (b-)” rating on shares of Dover in a research note on Monday, December 29th. Oppenheimer lifted their price target on Dover from $228.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Wells Fargo & Company upped their price objective on Dover from $205.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $224.00 target price on shares of Dover in a report on Saturday. Finally, BNP Paribas Exane started coverage on shares of Dover in a report on Thursday, December 4th. They issued a “neutral” rating and a $195.00 price target for the company. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Dover currently has a consensus rating of “Moderate Buy” and a consensus price target of $222.67.

Dover Stock Performance

Shares of NYSE DOV opened at $201.57 on Friday. The stock’s fifty day simple moving average is $198.14 and its 200 day simple moving average is $183.96. The stock has a market capitalization of $27.64 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 1.41 and a beta of 1.31. The company has a quick ratio of 1.44, a current ratio of 1.79 and a debt-to-equity ratio of 0.35. Dover Corporation has a 52-week low of $143.04 and a 52-week high of $222.31.

Dover (NYSE:DOV) last released 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 during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the company posted $2.20 EPS. Dover’s revenue for the quarter was up 8.8% on a year-over-year basis. As a group, sell-side analysts forecast that Dover Corporation will post 9.45 earnings per share for the current fiscal year.

Dover Dividend Announcement

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 dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, November 28th. Dover’s payout ratio is 12.79%.

Key Stories 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.

Insiders Place Their Bets

In other news, SVP Ivonne M. Cabrera sold 2,630 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $190.80, for a total value of $501,804.00. Following the completion of the sale, the senior vice president owned 72,968 shares of the company’s stock, valued at $13,922,294.40. This trade represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Christopher B. Woenker sold 1,627 shares of the company’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $186.04, for a total value of $302,687.08. Following the transaction, the chief financial officer directly owned 2,553 shares in the company, valued at $474,960.12. The trade was a 38.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.30% of the stock is owned by corporate insiders.

Dover 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.