Dover Corporation (DOV)

Dover Corp.'s stock price has been influenced by several key events in the past six months. In Q3 2025, Dover announced adjusted earnings per share (EPS) of $2.62, surpassing estimates, causing shares to jump despite revenue falling short. Prior to the Q3 earnings, Dover's stock gained 3.3% following remarks by Federal Reserve Chair Jerome Powell, easing market concerns. As of October 23, 2025, Dover's stock was down 4.1% since the beginning of the year and trading 13.8% below its 52-week high.

Demand for Dover Corp.'s products and services is influenced by secular growth trends, economic cycles, and specific industry dynamics rather than strict quarterly seasonality. The company benefits from increased demand in areas such as biopharmaceuticals, digital printing, clean energy, and artificial intelligence. As a player in the Industrials sector, Dover is subject to cyclical risks and economic fluctuations. Challenges have been noted in the vehicle aftermarket and refrigerated door cases sectors. The fueling business is expected to be in a longer-term CapEx cycle. Underlying end market demand is generally healthy across much of Dover's portfolio.

Dover Corporation is a diversified global manufacturer and solutions provider, delivering equipment, components, and digital solutions across various industrial sectors. The company operates through five primary segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The Engineered Products segment provides specialized equipment and components for industrial applications. The Clean Energy & Fueling segment offers fueling and convenience store solutions. The Imaging & Identification segment specializes in marking, coding, and digital printing technologies. The Pumps & Process Solutions segment offers pumps, compressors, and fluid handling systems. The Climate & Sustainability Technologies segment develops energy-efficient equipment and systems.

Dover Corporation has a significant global presence, operating in over 30 countries, with over half of its revenue generated in the United States. The company's corporate headquarters are in Downers Grove, Illinois, U.S., with additional corporate locations in Switzerland, Luxembourg, France, the United Kingdom, and Romania. Dover Fueling Solutions has a strong global manufacturing and technology development presence, with facilities in Brazil, Canada, China, India, Italy, Poland, Belgium, the Netherlands, the United Kingdom, and the United States.

Dover Corporation is recognized for its brand strength and reputation for quality and innovation. Dover Fueling Solutions introduced a North American Charging Standard (NACS) cable option for its Wayne PWR DC fast chargers. Dover Food Retail announced the expansion of its manufacturing campus in Virginia. CDS Visual launched a new version of its immersive Connected Worker Platform, TWG launched the Guardian Wireless RCI System for the Crane Industry, and Malema launched the M-3100 Series Clamp-On Ultrasonic Flow Meter for Semiconductor Applications.

Institutional investors hold a significant majority of Dover Corp.’s stock, owning approximately 84.46% to 88% of the company. Major institutional owners and hedge funds that have recently adjusted their positions include Chilton Capital Management LLC, Sumitomo Mitsui Trust Group Inc., Brookstone Capital Management, Vanguard Group Inc., Nuveen LLC, Invesco Ltd., UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC, Charles Schwab Investment Management Inc., North Capital Inc., N.E.W. Advisory Services LLC, Harbour Investments Inc., Investment Research & Advisory Group Inc., and Truvestments Capital LLC.