Teacher Retirement System of Texas Sells 267,382 Shares of Dover Corporation $DOV

25 Jan 2026, 11:32 by Michael Walen · The Markets Daily

Teacher Retirement System of Texas decreased its holdings in Dover Corporation (NYSE:DOV – Free Report) by 77.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 79,921 shares of the industrial products company’s stock after selling 267,382 shares during the quarter. Teacher Retirement System of Texas owned 0.06% of Dover worth $13,333,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. AdvisorShares Investments LLC bought a new stake in shares of Dover in the second quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC raised its holdings in Dover by 122.4% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 93 shares in the last quarter. Caldwell Trust Co bought a new stake in shares of Dover during the 2nd quarter valued at $31,000. Harbour Investments Inc. grew its holdings in shares of Dover by 51.7% during the 2nd quarter. Harbour Investments Inc. now owns 176 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 60 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. bought a new position in shares of Dover in the second quarter worth $33,000. 84.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DOV. BNP Paribas Exane started coverage on shares of Dover in a research note on Thursday, December 4th. They set a “neutral” rating and a $195.00 price objective on the stock. JPMorgan Chase & Co. upped their price target on shares of Dover from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Oppenheimer lifted their price objective on shares of Dover from $225.00 to $228.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. Robert W. Baird set a $235.00 target price on Dover in a research note on Friday, October 24th. Finally, Barclays raised their target price on Dover from $195.00 to $205.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Dover currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.09.

Read Our Latest Stock Analysis on Dover

Insider Transactions at Dover

In other news, SVP Ivonne M. Cabrera sold 2,630 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $190.80, for a total transaction of $501,804.00. Following the sale, the senior vice president directly owned 72,968 shares in the company, valued at approximately $13,922,294.40. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Christopher B. Woenker sold 1,627 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $186.04, for a total transaction of $302,687.08. Following the completion of the transaction, the chief financial officer owned 2,553 shares of the company’s stock, valued at approximately $474,960.12. This trade represents a 38.92% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.30% of the company’s stock.

Dover Stock Performance

Shares of Dover stock opened at $206.81 on Friday. The company’s 50 day moving average price is $195.68 and its two-hundred day moving average price is $183.39. The firm has a market capitalization of $28.36 billion, a P/E ratio of 12.72, a P/E/G ratio of 1.44 and a beta of 1.31. Dover Corporation has a fifty-two week low of $143.04 and a fifty-two week high of $222.31. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.04 and a quick ratio of 1.44.

Dover (NYSE:DOV – Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The industrial products company reported $2.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.12. Dover had a net margin of 28.37% and a return on equity of 17.62%. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the prior year, the business earned $2.27 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities analysts forecast that Dover Corporation will post 9.45 earnings per share for the current fiscal year.

Dover Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were given a $0.52 dividend. The ex-dividend date was Friday, November 28th. This represents a $2.08 annualized dividend and a yield of 1.0%. Dover’s dividend payout ratio (DPR) is currently 12.79%.

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.