E. Ohman J:or Asset Management 13F: Adds $4.9M to DOV Stake

Dover Corporation (DOV) business photo

Key Points

  • E. Ohman J:or Asset Management increased its Dover Corporation holdings by 17.7% during the period, bringing its total stake to 172,968 shares valued at $32,353,664.
  • Dover Corporation trades near $199.84, sitting above its 50-day moving average of $194.09 but below its 200-day moving average of $209.72.
  • The industrial manufacturer posted trailing twelve-month revenue of $8.42 billion and earnings of $8.27 per share, alongside an annual dividend of $2.10 per share yielding 1.05%.

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E. Ohman J:or Asset Management raised its stake in Dover Corporation (NYSE:DOV) during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026.

DOV Dover Corporation
$194.51 +0.10% year to date
Daily close · Oct 22, 2026

What Changed in E. Ohman J:or Asset Management's Dover Corporation Position

The fund added 26,019 shares of the specialty industrial machinery maker, growing its holdings 17.7% from a previous total of 146,949 shares. The updated position consists of 172,968 shares with a reported value of $32,353,664.

Other Institutional Activity in Dover Corporation

Bank Of New York Mellon Corporation reduced its holdings by 394,934 shares, ending the period with 2,636,023 shares valued at about $511,019,420.

Dover Corporation Stock Holds Steady

Dover Corporation recently traded around $199.84 on October 22, 2026, up about 3.1% from its event-day close of $193.86. The stock sits above its 50-day moving average of $194.09, though it remains below its 200-day moving average of $209.72. Shares have traded in a 52-week range between $170.00 and $237.54, leaving the recent price 15.9% below the peak and 17.6% above the low. Analysts hold a consensus buy rating on the stock with a mean price target of $238.21, putting the recent price about 16.1% below that target.

Recent Earnings

Dover Corporation reported trailing twelve-month revenue of $8,420,563,968 and earnings of $8.27 per share. The business achieved a net profit margin of 13.5% and a return on equity of 14.9%.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

C+ 64/100

Reported Apr 23, 2026

  1. Forward outlook

    5 analysts raised price targets.

  2. EPS & revenue

    EPS met estimates. Revenue beat estimates by 1.5%.

  3. Profit surprise

    EBITDA missed by 29 percent. Operating income missed by 20 percent.

  4. Pre-earnings setup

    Expectations were about average.

  5. Analyst signal

    5 target raises.

  6. Earnings quality

    Gross margin down 1.1 points. Operating margin down 1.0 points. Positive free cash flow.

Earnings Call Summary

Dover had a strong first quarter with revenue of $2.05 billion, up 10 percent from last year, and adjusted earnings per share of $2.28, up 11 percent. The standout was bookings, which hit a record $2.5 billion, up 24 percent year over year, driven by strong demand in clean energy, climate technologies, and aerospace and defense. Management said customers are booking orders well into the future because of tight supply, not because they are trying to beat price increases or tariffs.

Guidance Dover reaffirmed full year guidance and expects to drive toward the top end of the range. The company expects roughly $2.2 billion in second quarter revenue, with seasonal strength in Q2 and Q3. Management is committed to double-digit adjusted earnings per share growth for 2026.

Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.

Dividend

The company distributes an annual dividend of $2.10 per share, delivering a dividend yield of 1.05% with a payout ratio of 25.1%.

Insider Buying and Selling at Dover Corporation

Company insiders completed multiple transactions prior to the filing. General Counsel Ivonne M. Cabrera sold 2,630 shares on December 4, 2025, at an average price of $190.80 for a total of $501,816, and later sold 4,000 shares on February 17, 2026, at $233.23 per share worth $932,912. Officer Girish Juneja sold 1,500 shares on February 11, 2026, at $230.77 per share for $346,155. Chief Executive Officer Richard J. Tobin sold 76,997 shares on February 19, 2026, at $232.70 per share totaling $17,917,202.

Analysts Set New Price Targets

Wall Street research firms updated their views ahead of the filing. RBC Capital maintained a Sector Perform rating with a target of $227.00 down from $252.00 on July 24, 2026, and later kept the Sector Perform rating while lowering the target to $216.00 on October 14, 2026. BMO Capital upgraded the stock to Outperform with a $240.00 target on July 24, 2026. Wells Fargo initiated coverage with an Overweight rating and a $229.00 target on September 25, 2026. Mizuho maintained an Outperform rating with a $245.00 target on October 15, 2026. Overall, the company draws coverage from 19 analysts carrying a consensus buy recommendation.

About Dover Corporation

Dover Corporation manufactures equipment, software, and digital solutions for diverse industrial markets. Its operations span engineered products, clean energy components, and fluid dispensing systems used across aerospace, defense, and vehicle aftermarket sectors. Institutional interest in the firm continues to draw attention as markets monitor its valuation against broader industrial sector trends.

Bottom Line

Dover Corporation continues to trade at a discount to its mean analyst price target while maintaining steady profitability metrics. Investors will track upcoming earnings reports and future SEC filings to gauge whether institutional support from asset managers like E. Ohman J:or broadens across the industrial sector.

Source: E. Ohman J:or Asset Management's 13F filing on $DOV (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts

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