Meeder Advisory Services Inc. Makes New $655,000 Investment in Dover Corporation $DOV

Posted by Stanley Muller on Aug 21st, 2026

Meeder Advisory Services Inc. purchased a new position in shares of Dover Corporation (NYSE:DOV – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor purchased 2,919 shares of the industrial products company’s stock, valued at approximately $655,000.

Several other hedge funds have also made changes to their positions in DOV. Meeder Asset Management Inc. grew its position in shares of Dover by 234.2% in the fourth quarter. Meeder Asset Management Inc. now owns 127 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 89 shares during the period. Reflection Asset Management purchased a new position in Dover during the fourth quarter worth about $26,000. MV Capital Management Inc. acquired a new stake in Dover in the 4th quarter worth about $29,000. Clearstead Trust LLC purchased a new stake in Dover in the 2nd quarter valued at about $30,000. Finally, Financial Life Planners purchased a new stake in Dover in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 84.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Seaport Research Partners increased their price objective on shares of Dover from $245.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Morgan Stanley upped their price target on shares of Dover from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $229.00 price target on shares of Dover in a research note on Friday, April 24th. Weiss Ratings upgraded shares of Dover from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen cut shares of Dover from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $238.29.

View Our Latest Stock Report on Dover

Dover Price Performance

DOV opened at $200.05 on Friday. Dover Corporation has a 52-week low of $158.97 and a 52-week high of $237.54. The company has a 50 day moving average of $212.98 and a two-hundred day moving average of $215.71. The company has a market cap of $26.94 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.54 and a beta of 1.16. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 0.33.

Dover (NYSE:DOV – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.72 by $0.02. Dover had a net margin of 13.48% and a return on equity of 18.32%. The firm had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same period in the prior year, the company earned $2.44 EPS. The firm’s revenue was up 6.8% on a year-over-year basis. Dover has set its FY 2026 guidance at 10.550-10.750 EPS. On average, analysts expect 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 will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.525 dividend. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Dover’s previous quarterly dividend of $0.52. This represents a $2.10 annualized dividend and a dividend yield of 1.0%. Dover’s dividend payout ratio (DPR) is currently 25.06%.

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.