Dover Corporation (NYSE:DOV) Receives $238.29 Average Price Target from Analysts

Posted by Stanley Muller on Sep 7th, 2026

Dover Corporation (NYSE:DOV – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the fifteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $238.2857.

Several brokerages have weighed in on DOV. Royal Bank Of Canada lowered their price target on Dover from $252.00 to $227.00 and set a “sector perform” rating for the company in a report on Friday, July 24th. Robert W. Baird set a $270.00 price objective on shares of Dover in a research note on Friday, July 24th. Wolfe Research restated an “outperform” rating and set a $262.00 target price on shares of Dover in a research report on Thursday, July 9th. Weiss Ratings lowered Dover from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday. Finally, Wall Street Zen cut Dover from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th.

Read Our Latest Report on DOV

Hedge Funds Weigh In On Dover

Several institutional investors and hedge funds have recently bought and sold shares of the company. Meeder Asset Management Inc. raised its holdings in Dover by 234.2% in the 4th quarter. Meeder Asset Management Inc. now owns 127 shares of the industrial products company’s stock valued at $25,000 after buying an additional 89 shares during the period. Reflection Asset Management purchased a new stake in shares of Dover in the 4th quarter valued at approximately $26,000. Clearstead Trust LLC acquired a new position in shares of Dover in the 2nd quarter worth approximately $30,000. MV Capital Management Inc. acquired a new stake in Dover in the 4th quarter valued at approximately $29,000. Finally, Keating Financial Advisory Services Inc. purchased a new stake in Dover in the second quarter valued at approximately $34,000. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Dover Price Performance

DOV opened at $192.70 on Monday. The business has a fifty day moving average of $207.11 and a 200 day moving average of $213.65. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 0.33. The stock has a market cap of $25.95 billion, a P/E ratio of 23.22, a PEG ratio of 1.46 and a beta of 1.15. Dover has a 52-week low of $158.97 and a 52-week high of $237.54.

Dover (NYSE:DOV – Get Free Report) last issued its earnings results on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.72 by $0.02. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.21 billion. Dover had a return on equity of 18.32% and a net margin of 13.48%.Dover’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.44 EPS. Dover has set its FY 2026 guidance at 10.550-10.750 EPS. As a group, sell-side analysts anticipate that Dover will post 10.67 EPS for the current year.

Dover Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.525 dividend. This is an increase from Dover’s previous quarterly dividend of $0.52. This represents a $2.10 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. Dover’s payout ratio is 25.30%.

About Dover

(Get 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.

Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.