North Dakota State Investment Board Takes $908,000 Position in Dover Corporation $DOV

Posted by Brenda Bartman on May 21st, 2026

North Dakota State Investment Board acquired a new stake in shares of Dover Corporation (NYSE:DOV – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund acquired 4,649 shares of the industrial products company’s stock, valued at approximately $908,000.

Several other large investors also recently added to or reduced their stakes in DOV. Financial Life Planners bought a new stake in shares of Dover during the 3rd quarter worth $25,000. Tompkins Financial Corp boosted its holdings in shares of Dover by 102.7% during the 4th quarter. Tompkins Financial Corp now owns 152 shares of the industrial products company’s stock worth $30,000 after buying an additional 77 shares during the period. 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 buying an additional 114 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of Dover by 371.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 264 shares of the industrial products company’s stock worth $44,000 after buying an additional 208 shares during the period. Finally, Torren Management LLC bought a new stake in shares of Dover during the 4th quarter worth $45,000. 84.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $224.00 price objective on shares of Dover in a report on Saturday, January 31st. Morgan Stanley set a $210.00 price objective on shares of Dover in a report on Wednesday, February 4th. Oppenheimer upped their price objective on shares of Dover from $242.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Barclays upped their target price on shares of Dover from $206.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Robert W. Baird increased their price target on shares of Dover from $255.00 to $279.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $237.36.

Check Out Our Latest Stock Analysis on DOV

Dover Trading Up 1.5%

Shares of DOV stock opened at $210.69 on Thursday. Dover Corporation has a 52-week low of $158.97 and a 52-week high of $237.54. The stock has a market cap of $28.37 billion, a price-to-earnings ratio of 26.27, a P/E/G ratio of 1.58 and a beta of 1.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.32 and a current ratio of 1.87. The firm has a fifty day moving average of $214.63 and a 200-day moving average of $206.81.

Dover (NYSE:DOV – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $2.28 earnings per share (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 during the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the prior year, the company posted $2.05 EPS. The business’s revenue was up 10.1% on a year-over-year basis. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. On average, equities research analysts forecast that Dover Corporation will post 10.65 earnings per share for the current fiscal year.

Dover Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.52 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.0%. Dover’s dividend payout ratio is currently 25.94%.

Dover Profile

(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.