Dover Corporation $DOV Stock Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its Dover stake by 98.2% in the third quarter, selling 101,416 shares and retaining 1,910 shares valued at approximately $357,000. Institutional investors collectively own 84.46% of Dover.
• Dover reported quarterly EPS of $2.74, slightly above estimates, while revenue rose 6.8% year over year to $2.19 billion, narrowly missing expectations. The company set fiscal 2026 EPS guidance at $10.55–$10.75.
• Dover increased its quarterly dividend to $0.525 per share, or $2.10 annually, producing a 1.1% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $237.93, compared with the stock’s reported $195.80 price.

Curated Wealth Partners LLC decreased its position in shares of Dover Corporation (NYSE:DOV - Free Report) by 98.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,910 shares of the industrial products company's stock after selling 101,416 shares during the quarter. Curated Wealth Partners LLC's holdings in Dover were worth $357,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Reflection Asset Management purchased a new position in shares of Dover in the fourth quarter worth about $26,000. Clearstead Trust LLC bought a new stake in shares of Dover in the second quarter valued at approximately $30,000. MV Capital Management Inc. purchased a new stake in shares of Dover during the 4th quarter valued at approximately $29,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Dover during the 2nd quarter valued at approximately $34,000. Finally, Financial Life Planners purchased a new stake in shares of Dover during the 1st quarter valued at approximately $31,000. Hedge funds and other institutional investors own 84.46% of the company's stock.

Dover Price Performance

Shares of NYSE:DOV opened at $195.80 on Friday. The company has a 50 day moving average of $194.46 and a 200 day moving average of $207.85. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33. The stock has a market cap of $26.37 billion, a P/E ratio of 23.59, a P/E/G ratio of 1.71 and a beta of 1.13. Dover Corporation has a 12 month low of $164.73 and a 12 month high of $237.54.

Dover (NYSE:DOV - Get Free Report) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.72 by $0.02. Dover had a net margin of 13.48% and a return on equity of 18.32%. The business had revenue of $2.19 billion for the quarter, compared to analysts' expectations of $2.21 billion. During the same period in the prior year, the company posted $2.44 EPS. The business's revenue for the quarter was up 6.8% compared to the same quarter last year. Dover has set its FY 2026 guidance at 10.550-10.750 EPS. As a group, sell-side analysts forecast that Dover Corporation will post 10.67 EPS for the current fiscal year.

Dover Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were given a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Dover's previous quarterly dividend of $0.52. The ex-dividend date was Monday, August 31st. Dover's dividend payout ratio (DPR) is 25.30%.

Analysts Set New Price Targets

Several research analysts recently commented on DOV shares. Wall Street Zen downgraded shares of Dover from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Robert W. Baird set a $270.00 target price on shares of Dover in a report on Friday, July 24th. Royal Bank Of Canada dropped their target price on Dover from $227.00 to $216.00 and set a "sector perform" rating on the stock in a research report on Wednesday. Weiss Ratings downgraded Dover from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, September 2nd. Finally, BMO Capital Markets raised Dover from a "market perform" rating to an "outperform" rating and cut their price target for the stock from $255.00 to $240.00 in a report on Friday, July 24th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Dover has an average rating of "Moderate Buy" and a consensus target price of $237.93.

Dover Profile

Dover Corporation is a diversified global manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including industrial manufacturing, energy, transportation, food and beverage, refrigeration, and building services.

The company's products include pumps, compressors, fluid-handling equipment, fueling and dispensing systems, refrigeration and heat-transfer technologies, printing and marking equipment, and engineered components.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.