Mitsubishi UFJ Trust & Banking Corp Cuts Stock Position in Dover Corporation $DOV

Key Points

• Mitsubishi UFJ Trust & Banking Corp reduced its stake in Dover by 36.2% in Q4, selling 32,238 shares and ending the period with 56,843 shares valued at about $11.10 million.
• Insiders have been net sellers recently — CEO Richard J. Tobin sold 76,997 shares (~$17.9 million) and insiders disposed of 82,497 shares (~$19.2 million) in the last 90 days, leaving insiders with 1.10% ownership.
• Analysts hold a consensus "Moderate Buy" with a target of $237.36; Dover slightly beat EPS estimates ($2.28 vs. $2.27), missed revenue expectations, issued FY2026 guidance of 10.45–10.65 EPS, and pays a quarterly dividend of $0.52 (0.9% yield).

Mitsubishi UFJ Trust & Banking Corp lessened its stake in Dover Corporation (NYSE:DOV - Free Report) by 36.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,843 shares of the industrial products company's stock after selling 32,238 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in Dover were worth $11,098,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DOV. Financial Life Planners acquired a new stake in Dover in the 3rd quarter valued at about $25,000. Tompkins Financial Corp lifted its stake in Dover by 102.7% in the 4th quarter. Tompkins Financial Corp now owns 152 shares of the industrial products company's stock worth $30,000 after purchasing an additional 77 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in shares of Dover by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 228 shares of the industrial products company's stock worth $38,000 after purchasing an additional 114 shares during the last quarter. N.E.W. Advisory Services LLC grew its position in shares of Dover by 36.2% in the fourth quarter. N.E.W. Advisory Services LLC now owns 237 shares of the industrial products company's stock valued at $46,000 after purchasing an additional 63 shares in the last quarter. Finally, Dorato Capital Management acquired a new stake in shares of Dover in the fourth quarter valued at approximately $53,000. Hedge funds and other institutional investors own 84.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DOV shares. Robert W. Baird boosted their price objective on Dover from $255.00 to $279.00 and gave the stock an "outperform" rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $229.00 target price on shares of Dover in a report on Friday, April 24th. UBS Group set a $256.00 target price on Dover and gave the company a "buy" rating in a report on Sunday, January 4th. Morgan Stanley set a $210.00 price objective on shares of Dover in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $252.00 price objective on shares of Dover in a report on Friday, April 24th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $237.36.

Insider Buying and Selling at Dover

In other Dover news, VP Girish Juneja sold 1,500 shares of the company's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $230.77, for a total value of $346,155.00. Following the transaction, the vice president owned 8,422 shares of the company's stock, valued at $1,943,544.94. This represents a 15.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Richard J. Tobin sold 76,997 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $232.70, for a total transaction of $17,917,201.90. Following the sale, the chief executive officer directly owned 217,979 shares in the company, valued at $50,723,713.30. This represents a 26.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 82,497 shares of company stock valued at $19,196,277 over the last 90 days. 1.10% of the stock is owned by insiders.

Dover Trading Down 0.2%

NYSE DOV opened at $225.92 on Friday. The firm's 50-day moving average is $216.25 and its two-hundred day moving average is $202.62. Dover Corporation has a 12 month low of $158.97 and a 12 month high of $237.54. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.87 and a quick ratio of 1.32. The stock has a market capitalization of $30.42 billion, a P/E ratio of 28.17, a PEG ratio of 1.72 and a beta of 1.21.

Dover (NYSE:DOV - Get Free Report) last posted its earnings results on Thursday, April 23rd. The industrial products company reported $2.28 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.01. Dover had a net margin of 13.30% and a return on equity of 18.01%. The company had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.19 billion. During the same quarter in the prior year, the company posted $2.05 earnings per share. Dover's revenue for the quarter was up 10.1% compared to the same quarter last year. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. On average, sell-side analysts anticipate that Dover Corporation will post 10.64 earnings per share for the current year.

Dover Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a $0.52 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.08 dividend on an annualized basis and a yield of 0.9%. Dover's dividend payout ratio is presently 25.94%.

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.

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