Bank of New York Mellon Corp Has $175.16 Million Stake in Dover Corporation $DOV

Bank of New York Mellon Corp trimmed its holdings in shares of Dover Corporation (NYSE:DOV) by 1.3% in the third quarter, HoldingsChannel reports. 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’s holdings in Dover were worth $175,160,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. AdvisorShares Investments LLC acquired a new stake in shares of Dover in the 2nd quarter valued at $30,000. Vermillion & White Wealth Management Group LLC boosted its holdings in Dover by 122.4% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $31,000 after buying an additional 93 shares during the last quarter. Caldwell Trust Co acquired a new position in Dover during the second quarter valued at approximately $31,000. Harbour Investments Inc. boosted its position in shares of Dover by 51.7% during 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. Finally, Ameritas Advisory Services LLC acquired a new position in Dover in the second quarter valued at about $37,000. 84.46% of the stock is owned by institutional investors.

Dover Stock Down 0.5%

Shares of DOV opened at $201.57 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.79 and a quick ratio of 1.44. Dover Corporation has a one year low of $143.04 and a one year high of $222.31. The company has a market cap of $27.64 billion, a P/E ratio of 25.39, a P/E/G ratio of 1.41 and a beta of 1.31. The firm has a 50 day simple moving average of $198.14 and a two-hundred day simple moving average of $183.98.

Dover (NYSE:DOV) last released its earnings results on Thursday, January 29th. The industrial products company reported $2.51 earnings per share (EPS) 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 firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the business posted $2.20 earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. Research analysts forecast that Dover Corporation will post 9.45 EPS for the current fiscal year.

Dover Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $2.08 annualized dividend and a dividend yield of 1.0%. Dover’s dividend payout ratio (DPR) 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.

Insider Transactions at Dover

In related news, CFO Christopher B. Woenker sold 1,627 shares of the business’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 sale, the chief financial officer owned 2,553 shares of the company’s stock, valued at $474,960.12. The trade was a 38.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ivonne M. Cabrera sold 2,630 shares of the stock in a transaction dated Thursday, December 4th. The shares were 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 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 position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on DOV shares. JPMorgan Chase & Co. lifted their price target on shares of Dover from $230.00 to $240.00 and gave the company an “overweight” rating in a research note on Friday. Royal Bank Of Canada increased their price target on Dover from $199.00 to $209.00 and gave the company a “sector perform” rating in a research report on Friday. UBS Group set a $256.00 price target on shares of Dover and gave the company a “buy” rating in a research note on Sunday, January 4th. Barclays raised their price objective on Dover from $195.00 to $205.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Finally, Morgan Stanley raised their target price on shares of Dover from $185.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 28th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus 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.