Proficio Capital Partners LLC Invests $800,000 in Dover Corporation $DOV

Posted by Brian Himes on Sep 2nd, 2026

Proficio Capital Partners LLC bought a new stake in Dover Corporation (NYSE:DOV – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,569 shares of the industrial products company’s stock, valued at approximately $800,000.

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

Dover Price Performance

Shares of Dover stock opened at $189.88 on Wednesday. Dover Corporation has a 52 week low of $158.97 and a 52 week high of $237.54. 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 company has a market capitalization of $25.57 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 1.47 and a beta of 1.15. The stock’s 50-day simple moving average is $209.28 and its 200-day simple moving average is $214.50.

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

Dover Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, August 31st. This represents a $2.10 annualized dividend and a yield of 1.1%. This is a boost from Dover’s previous quarterly dividend of $0.52. Dover’s dividend payout ratio (DPR) is 25.30%.

Analyst Upgrades and Downgrades

DOV has been the subject of several recent research reports. Wolfe Research reissued an “outperform” rating and set a $262.00 price objective on shares of Dover in a research report on Thursday, July 9th. Royal Bank Of Canada reduced their price objective on Dover from $252.00 to $227.00 and set a “sector perform” rating for the company in a research report on Friday, July 24th. BMO Capital Markets raised Dover from a “market perform” rating to an “outperform” rating and lowered their price target for the stock from $255.00 to $240.00 in a research report on Friday, July 24th. Robert W. Baird set a $270.00 price objective on shares of Dover in a report on Friday, July 24th. Finally, Morgan Stanley upped their target price on shares of Dover from $210.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, June 4th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Dover presently has an average rating of “Moderate Buy” and an average target price of $238.29.

Check Out Our Latest Analysis on DOV

Dover Company 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.