Universal Beteiligungs und Servicegesellschaft mbH Sells 19,415 Shares of Dover Corporation $DOV

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of Dover Corporation (NYSE:DOV) by 13.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 127,618 shares of the industrial products company’s stock after selling 19,415 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Dover were worth $25,021,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new stake in shares of Dover in the 3rd quarter valued at approximately $25,000. Tompkins Financial Corp increased its position 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 valued at $30,000 after purchasing an additional 77 shares during the last quarter. Westside Investment Management Inc. raised its holdings in Dover by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 228 shares of the industrial products company’s stock valued at $38,000 after buying an additional 114 shares during the period. Davis Capital Management purchased a new stake in Dover during the 3rd quarter valued at $44,000. Finally, Cornerstone Planning Group LLC lifted its position in Dover by 371.4% in the third 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 last quarter. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

Dover Stock Performance

Shares of Dover stock opened at $228.50 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.79 and a debt-to-equity ratio of 0.35. The stock’s fifty day moving average is $216.98 and its two-hundred day moving average is $200.51. Dover Corporation has a 52 week low of $158.14 and a 52 week high of $237.54. The company has a market capitalization of $30.80 billion, a PE ratio of 28.78, a price-to-earnings-growth ratio of 1.66 and a beta of 1.25.

Dover (NYSE:DOV) last released its earnings results on Thursday, April 23rd. The industrial products company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.01. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.19 billion. Dover had a return on equity of 17.87% and a net margin of 13.52%.The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the company earned $2.05 earnings per share. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. As a group, analysts expect that Dover Corporation will post 10.54 earnings per share for the current year.

Dover Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a dividend of $0.52 per share. The ex-dividend date 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 (DPR) is presently 26.20%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Oppenheimer boosted their price objective on shares of Dover from $232.00 to $242.00 and gave the company an “outperform” rating in a research report on Monday. UBS Group set a $256.00 target price on shares of Dover and gave the stock a “buy” rating in a report on Sunday, January 4th. Barclays set a $230.00 price target on shares of Dover in a research note on Friday. Weiss Ratings upgraded shares of Dover from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 6th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Dover from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Dover currently has a consensus rating of “Moderate Buy” and an average price target of $233.08.

Insider Buying and Selling at Dover

In other news, CEO Richard J. Tobin sold 76,997 shares of Dover stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $232.70, for a total transaction of $17,917,201.90. Following the completion of the sale, the chief executive officer owned 217,979 shares of the company’s stock, valued at approximately $50,723,713.30. The trade was a 26.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Ivonne M. Cabrera sold 4,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $233.23, for a total value of $932,920.00. Following the completion of the transaction, the senior vice president directly owned 72,188 shares in the company, valued at approximately $16,836,407.24. This trade represents a 5.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 82,497 shares of company stock valued at $19,196,277 in the last three months. Company insiders own 1.10% of the company’s stock.

Dover 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.