Dover Corporation (DOV)

Dover's stock has experienced fluctuations, with institutional investors seeing an 8.9% loss over the past year but a 3.5% increase the week prior to November 26, 2025. In Q3 2025, adjusted EPS was $2.62, surpassing estimates, though revenues missed. Management raised its full-year Adjusted EPS guidance to $9.55. In Q1 2025, adjusted EPS increased 19% year-over-year, but the Engineered Products segment faced tariff challenges, leading to a slight reduction in revenue and EPS guidance. In January 2026, Citi placed Dover on a "90-day positive catalyst watch," and Hillphoenix launched AdvansorUltra. Dover's shares gained 10.1% in the past year as of January 13, 2026, underperforming the industry's 15.8% growth. As of December 30, 2025, DOV shares had declined 5.7% over the past 52 weeks, underperforming the S&P 500 Index's 16.9% surge.

While specific details on demand seasonality are limited, Dover's Q1 2025 earnings report indicated investment in inventory ahead of seasonally stronger quarters. The Engineered Products segment anticipated recovery with the calendarization of aerospace and defense programs later in the year. Dover's diversified portfolio is intended to buffer against cyclical downturns in any single market.

Dover Corp. is a diversified global manufacturer and solutions provider, delivering innovative equipment and components, specialty systems, consumable supplies, software, and digital solutions within the Industrials sector. The company operates through five segments: Engineered Products focuses on specialized equipment and components; Clean Energy & Fueling provides fueling and convenience store solutions; Imaging & Identification specializes in marking, coding, and digital printing technologies; Pumps & Process Solutions offers a wide range of pumps and fluid handling systems; and Climate & Sustainability Technologies provides solutions for the food retail and commercial refrigeration industries.

Dover Corporation has a significant global presence, employing approximately 24,000 to 25,000 people worldwide and operating in over 30 countries. It serves a diverse customer base across various industries in North America, Europe, Asia Pacific, and other regions, with manufacturing, warehouse, sales, and service facilities globally. Over half of its revenue is generated in the United States.

Dover Corporation is recognized for its entrepreneurial approach and has been operating for over 70 years. The company is committed to sustainability and digital transformation. Dover has focused on technological innovation, launching new systems and making strategic acquisitions like SIKORA GmbH. Analysts generally maintain a "Moderate Buy" rating for the stock, with a positive outlook.

Institutional investors hold a substantial majority of Dover Corporation’s stock, between 88% and 92.02%. Major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., and J.P. Morgan Asset Management, Inc. The top shareholders collectively own about 51% of the company. Individual investors hold about 14% of the ownership, while insiders own less than 1% of the company’s stock.