Dover Corporation (NYSE:DOV) Short Interest Down 15.1% in January

Dover Corporation (NYSE:DOVGet Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 3,619,473 shares, a decrease of 15.1% from the December 31st total of 4,261,046 shares. Currently, 2.7% of the company’s stock are sold short. Based on an average daily volume of 1,080,309 shares, the short-interest ratio is currently 3.4 days. Based on an average daily volume of 1,080,309 shares, the short-interest ratio is currently 3.4 days. Currently, 2.7% of the company’s stock are sold short.

Insider Transactions at Dover

In other news, SVP Ivonne M. Cabrera sold 2,630 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $190.80, for a total transaction of $501,804.00. Following the transaction, the senior vice president owned 72,968 shares in the company, valued at $13,922,294.40. This represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Christopher B. Woenker sold 1,627 shares of the firm’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of $186.04, for a total value of $302,687.08. Following the completion of the transaction, the chief financial officer owned 2,553 shares of the company’s stock, valued at $474,960.12. This trade represents a 38.92% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

Dover Price Performance

Shares of DOV opened at $201.57 on Monday. The firm has a market capitalization of $27.64 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 1.55 and a beta of 1.29. The firm’s fifty day simple moving average is $198.14 and its 200-day simple moving average is $183.93. Dover has a twelve month low of $143.04 and a twelve month high of $222.31. The company has a current ratio of 1.79, a quick ratio of 1.28 and a debt-to-equity ratio of 0.35.

Dover (NYSE:DOVGet Free Report) last posted its earnings results on Thursday, January 29th. The industrial products company reported $2.51 EPS for the quarter, beating the consensus estimate of $2.48 by $0.03. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. Dover had a return on equity of 17.87% and a net margin of 13.52%.Dover’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.20 earnings per share. Equities analysts forecast that Dover will post 9.45 EPS for the current fiscal year.

Dover Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were paid a dividend of $0.52 per share. The ex-dividend date was Friday, November 28th. This represents a $2.08 annualized dividend and a yield of 1.0%. Dover’s payout ratio is presently 26.20%.

Dover News Summary

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.

Wall Street Analysts Forecast Growth

DOV has been the subject of several recent analyst reports. Robert W. Baird set a $255.00 price target on shares of Dover in a report on Friday. BNP Paribas Exane started coverage on shares of Dover in a research report on Thursday, December 4th. They issued a “neutral” rating and a $195.00 target price on the stock. Royal Bank Of Canada raised their price objective on shares of Dover from $199.00 to $209.00 and gave the company a “sector perform” rating in a research note on Friday. Wall Street Zen downgraded shares of Dover from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Barclays increased their target price on shares of Dover from $195.00 to $205.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $222.67.

View Our Latest Research Report on DOV

About Dover

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Dover Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dover and related companies with MarketBeat.com's FREE daily email newsletter.