Billionaire Ken Fisher’s Top 11 Dividend Stock Picks

9. Dover Corporation (NYSE:DOV)

Fisher Asset Management’s Stake Value: $332,461,290

On June 4, Morgan Stanley analyst Christopher Snyder increased his price recommendation for Dover Corporation (NYSE:DOV) to $230 from $210. He reiterated an Equal Weight rating on the shares.

The move came after a strong start to the year for the company. During Dover’s Q1 2026 earnings call, CEO Richard Tobin pointed to double-digit revenue growth in the quarter and said first-quarter bookings reached $2.5 billion, up 24% from a year earlier. He also highlighted a book-to-bill ratio of 1.2, with all five of Dover’s business segments posting ratios above 1. According to Tobin, those results gave management greater visibility into future performance and reinforced confidence in the company’s outlook.

Tobin said adjusted earnings rose 11% year over year to $2.28 per share. He noted that the company remains focused on delivering double-digit adjusted EPS growth for the full year. The company chose to leave its annual guidance unchanged. Even so, Tobin said recent order activity was trending toward the upper end of the forecast range. Management plans to take another look at its outlook when it reports next quarter’s results.

Dover Corporation (NYSE:DOV) operates as a diversified global manufacturer and solutions provider. Its Engineered Products segment supplies equipment, components, software, services, and other solutions to customers in the vehicle aftermarket, aerospace and defense industries, as well as several other end markets.