Mn Services Vermogensbeheer B.V. Acquires 81,197 Shares of Dover Corporation $DOV

Key Points

• Mn Services Vermogensbeheer B.V. increased its Dover stake by 206.9% in the third quarter, acquiring 81,197 additional shares and bringing its holdings to 120,434 shares valued at approximately $21.5 million.
• Dover reported quarterly earnings of $2.74 per share, narrowly exceeding estimates, while revenue rose 6.8% year over year to $2.19 billion. The company maintained 2026 EPS guidance of $10.55–$10.75.
• Dover raised its quarterly dividend to $0.525 per share, or $2.10 annually, representing a 1.1% yield. Analysts remain moderately bullish, with a consensus price target of $238.21 versus the stock’s stated price of $188.92.

Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Dover Corporation (NYSE:DOV - Free Report) by 206.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 120,434 shares of the industrial products company's stock after buying an additional 81,197 shares during the period. Mn Services Vermogensbeheer B.V. owned about 0.09% of Dover worth $21,515,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DOV. GAMMA Investing LLC grew its holdings in shares of Dover by 107.5% during the 3rd quarter. GAMMA Investing LLC now owns 16,285 shares of the industrial products company's stock valued at $2,940,000 after purchasing an additional 8,435 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Dover by 218.7% during the third quarter. Farther Finance Advisors LLC now owns 38,320 shares of the industrial products company's stock worth $6,839,000 after buying an additional 26,297 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Dover by 237.1% during the 3rd quarter. CoreCap Advisors LLC now owns 300 shares of the industrial products company's stock valued at $54,000 after acquiring an additional 211 shares in the last quarter. Elevation Wealth Partners LLC grew its position in Dover by 41.2% during the 3rd quarter. Elevation Wealth Partners LLC now owns 1,076 shares of the industrial products company's stock worth $197,000 after acquiring an additional 314 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC boosted its stake in shares of Dover by 2.6% during the third quarter. Family Legacy Financial Solutions LLC now owns 7,566 shares of the industrial products company's stock valued at $1,415,000 after purchasing an additional 193 shares in the last quarter. Institutional investors own 84.46% of the company's stock.

Dover Price Performance

NYSE DOV opened at $188.92 on Friday. The company has a market cap of $25.44 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 1.65 and a beta of 1.13. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 0.33. The firm's 50-day simple moving average is $196.42 and its two-hundred day simple moving average is $208.64. Dover Corporation has a 52 week low of $158.97 and a 52 week high of $237.54.

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

Dover Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a $0.5250 dividend. The ex-dividend date was Monday, August 31st. This represents a $2.10 annualized dividend and a yield of 1.1%. This is an increase from Dover's previous quarterly dividend of $0.52. Dover's dividend payout ratio is 25.30%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wells Fargo & Company started coverage on Dover in a research report on Thursday, September 24th. They set an "overweight" rating and a $229.00 target price for the company. BMO Capital Markets raised shares of Dover from a "market perform" rating to an "outperform" rating and decreased their target price for the company from $255.00 to $240.00 in a research report on Friday, July 24th. Weiss Ratings lowered shares of Dover from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, September 2nd. Wolfe Research restated an "outperform" rating and issued a $262.00 target price on shares of Dover in a report on Thursday, July 9th. Finally, Wall Street Zen lowered Dover from a "buy" rating to a "hold" rating in a research report on Saturday, July 25th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $238.21.

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.

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