Tritonpoint Wealth LLC Lowers Position in Dover Corporation $DOV

04 Apr 2026, 08:04 by Renee Jackson · The Cerbat Gem

Tritonpoint Wealth LLC decreased its stake in shares of Dover Corporation (NYSE:DOV – Free Report) by 9.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,936 shares of the industrial products company’s stock after selling 6,624 shares during the quarter. Dover comprises about 1.3% of Tritonpoint Wealth LLC’s portfolio, making the stock its 18th largest holding. Tritonpoint Wealth LLC’s holdings in Dover were worth $13,069,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Financial Life Planners bought a new position in shares of Dover during the 3rd quarter valued at about $25,000. Tompkins Financial Corp increased its holdings in shares of Dover by 102.7% in the fourth quarter. Tompkins Financial Corp now owns 152 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 77 shares during the last quarter. Caldwell Trust Co purchased a new stake in shares of Dover in the second quarter worth about $31,000. Westside Investment Management Inc. lifted its position in shares of Dover by 100.0% in the third quarter. Westside Investment Management Inc. now owns 228 shares of the industrial products company’s stock worth $38,000 after buying an additional 114 shares in the last quarter. Finally, Davis Capital Management bought a new position in Dover during the third quarter valued at approximately $44,000. 84.46% of the stock is currently owned by institutional investors.

Dover Stock Down 0.0%

Shares of NYSE DOV opened at $205.28 on Friday. Dover Corporation has a 1 year low of $143.04 and a 1 year high of $237.54. The firm has a 50-day simple moving average of $216.63 and a two-hundred day simple moving average of $195.79. The company has a market cap of $27.67 billion, a P/E ratio of 25.85, a PEG ratio of 1.58 and a beta of 1.25. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.79 and a quick ratio of 1.28.

Dover (NYSE:DOV – Get Free Report) last released its earnings results on Thursday, January 29th. The industrial products company reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Dover had a return on equity of 17.87% and a net margin of 13.52%.The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the prior year, the firm posted $2.20 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Research analysts anticipate that Dover Corporation will post 9.45 earnings per share for the current year.

Dover Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a $0.52 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.08 dividend on an annualized basis and a yield of 1.0%. Dover’s dividend payout ratio (DPR) is presently 26.20%.

Wall Street Analysts Forecast Growth

DOV has been the topic of a number of research reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $224.00 price objective on shares of Dover in a research note on Saturday, January 31st. Morgan Stanley set a $210.00 target price on shares of Dover in a report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price target 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. Robert W. Baird set a $255.00 price objective on shares of Dover in a research report on Friday, January 30th. Finally, Wall Street Zen raised shares of Dover from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $226.54.

Read Our Latest Stock Report on Dover

Insider Transactions at Dover

In related news, VP Girish Juneja sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $230.77, for a total value of $346,155.00. Following the transaction, the vice president owned 8,422 shares of the company’s stock, valued at $1,943,544.94. This trade represents a 15.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Richard J. Tobin sold 76,997 shares of Dover stock in a transaction dated 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 sale, the chief executive officer owned 217,979 shares of the company’s stock, valued at $50,723,713.30. The trade was a 26.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 82,497 shares of company stock worth $19,196,277. 1.30% of the stock is currently owned by insiders.

About Dover

(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.