Dover Corporation $DOV Shares Acquired by Edgestream Partners L.P.

Posted by Brian Himes on Aug 2nd, 2026

Edgestream Partners L.P. boosted its stake in Dover Corporation (NYSE:DOV – Free Report) by 44.9% during the first quarter, Holdings Channel.com reports. The fund owned 14,189 shares of the industrial products company’s stock after purchasing an additional 4,399 shares during the quarter. Edgestream Partners L.P.’s holdings in Dover were worth $2,958,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Kentucky Retirement Systems lifted its holdings in Dover by 65.2% during the first quarter. Kentucky Retirement Systems now owns 14,066 shares of the industrial products company’s stock valued at $2,932,000 after purchasing an additional 5,553 shares in the last quarter. Bull Harbor Capital LLC purchased a new stake in shares of Dover during the first quarter worth about $1,238,000. Arkadios Wealth Advisors raised its position in shares of Dover by 6.0% during the 1st quarter. Arkadios Wealth Advisors now owns 3,006 shares of the industrial products company’s stock worth $627,000 after purchasing an additional 169 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of Dover by 1,243.8% during the 1st quarter. Sunbelt Securities Inc. now owns 430 shares of the industrial products company’s stock worth $90,000 after purchasing an additional 398 shares during the last quarter. Finally, Amundi lifted its stake in Dover by 19.6% in the 1st quarter. Amundi now owns 682,420 shares of the industrial products company’s stock valued at $142,250,000 after buying an additional 111,824 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DOV has been the subject of several research reports. Weiss Ratings upgraded Dover from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. Seaport Research Partners raised their target price on Dover from $245.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Oppenheimer boosted their price target on Dover from $242.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. BMO Capital Markets raised Dover from a “market perform” rating to an “outperform” rating and reduced their price objective for the company from $255.00 to $240.00 in a research note on Friday, July 24th. 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 equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $238.29.

Get Our Latest Stock Report on Dover

Dover Trading Up 0.4%

DOV opened at $204.85 on Friday. The firm has a market capitalization of $27.59 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16. The company’s 50 day simple moving average is $214.88 and its two-hundred day simple moving average is $215.46. Dover Corporation has a 1-year low of $158.97 and a 1-year high of $237.54. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.98 and a quick ratio of 1.41.

Dover (NYSE:DOV – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $2.74 EPS for the quarter, beating the consensus estimate of $2.72 by $0.02. The firm had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Dover had a return on equity of 18.32% and a net margin of 13.48%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.44 earnings per share. Dover has set its FY 2026 guidance at 10.550-10.750 EPS. Analysts expect that Dover Corporation will post 10.65 EPS for the current fiscal year.

Dover Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, May 29th. Dover’s payout ratio is currently 25.06%.

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.