PensionDanmark Pensionsforsikringsaktieselskab Has $5.18 Million Stake in Dover Corporation $DOV

PensionDanmark Pensionsforsikringsaktieselskab raised its stake in shares of Dover Corporation (NYSE:DOV) by 11.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,100 shares of the industrial products company’s stock after buying an additional 2,400 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Dover were worth $5,181,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DOV. Meeder Asset Management Inc. lifted its holdings 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 last quarter. Reflection Asset Management acquired a new position in Dover during the fourth quarter valued at approximately $26,000. MV Capital Management Inc. acquired a new position in Dover during the fourth quarter valued at approximately $29,000. Financial Life Planners bought a new position in shares of Dover in the first quarter valued at approximately $31,000. Finally, Leonteq Securities AG bought a new position in shares of Dover in the fourth quarter valued at approximately $34,000. Institutional investors own 84.46% of the company’s stock.

More Dover News

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Dover raised its quarterly cash dividend to $0.525 per share from $0.52, an increase of $0.005. The new annualized payout is $2.10 per share, signaling continued confidence in cash generation and providing a modest boost for income-oriented investors. Dover Increases Dividend
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $10.59 from $10.55 and its FY2027 forecast to $11.19 from $11.12. It also lifted estimates for each quarter of FY2027, indicating expectations for somewhat stronger near-term operating performance. Dover earnings estimate revisions
• Positive Sentiment: Longer-term expectations also improved: Zacks raised its FY2028 EPS forecast to $11.73 from $11.63, with increases to its Q1 and Q2 2028 estimates. The revisions reinforce a constructive earnings outlook, although the changes are relatively small. Dover long-term earnings estimates
• Neutral Sentiment: Dover recently reported quarterly EPS of $2.74, slightly ahead of estimates, while revenue of $2.19 billion was below consensus. At a price near $211, the stock trades at approximately 25 times earnings and below its 50-day and 200-day moving averages, which may limit the immediate upside despite the favorable dividend and earnings updates.

Dover Trading Down 0.1%

Shares of DOV stock opened at $210.95 on Monday. The firm has a market capitalization of $28.41 billion, a P/E ratio of 25.42, a price-to-earnings-growth ratio of 1.61 and a beta of 1.16. Dover Corporation has a 1 year low of $158.97 and a 1 year high of $237.54. The firm’s fifty day simple moving average is $214.58 and its 200 day simple moving average is $215.69. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33.

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

Dover Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.525 dividend. The ex-dividend date is Monday, August 31st. This is a boost 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 is 25.06%.

Analysts Set New Price Targets

Several research firms recently issued reports on DOV. Robert W. Baird set a $270.00 price objective on shares of Dover in a report on Friday, July 24th. Seaport Research Partners lifted their target price on shares of Dover from $245.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Royal Bank Of Canada cut their target price on shares of Dover from $252.00 to $227.00 and set a “sector perform” rating for the company in a research report on Friday, July 24th. Barclays upped their price target on shares of Dover from $206.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $229.00 price objective on shares of Dover in a research note on Friday, April 24th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $238.29.

Dover Company 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.