Dover Corporation (NYSE:DOV) Receives Consensus Rating of “Moderate Buy” from Brokerages

Posted by Stanley Muller on Oct 2nd, 2026

Shares of Dover Corporation (NYSE:DOV – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $238.21.

DOV has been the topic of several analyst reports. Royal Bank Of Canada cut their target price on Dover from $252.00 to $227.00 and set a “sector perform” rating on the stock in a research note on Friday, July 24th. Wall Street Zen lowered Dover from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings downgraded shares of Dover from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. Robert W. Baird set a $270.00 price objective on shares of Dover in a research note on Friday, July 24th. Finally, Wells Fargo & Company assumed coverage on shares of Dover in a research note on Thursday, September 24th. They issued an “overweight” rating and a $229.00 target price for the company.

View Our Latest Stock Analysis on Dover

Key Headlines Impacting Dover

Here are the key news stories impacting Dover this week:

Positive Sentiment: Broad-based upward revisions to earnings estimates: Zacks Research raised its estimates for Dover’s fourth-quarter 2026 EPS to $2.75 from $2.74, fiscal 2027 EPS to $11.24 from $11.21, and fiscal 2028 EPS to $11.80 from $11.76. It also made smaller increases to several 2027 and 2028 quarterly forecasts, signaling modestly improved expectations for future profitability. Dover analyst estimate report
Positive Sentiment: Analyst price target indicates potential upside: Analysts cited by American Banking News set an average price target of $238.21, well above the stock’s referenced trading level near $188. This supports investor optimism, although price targets are forecasts rather than guarantees. Dover average analyst price target
Neutral Sentiment: New products and technologies to be showcased: Dover operating companies will present convenience-store, fueling, and petroleum-equipment solutions at the NACS Show and PEI Convention in Las Vegas from October 6–9. The events could generate customer interest and commercial opportunities, but no contracts, revenue impact, or guidance changes were announced. Dover technology presentation announcement

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sarver Vrooman Wealth Advisors increased its holdings in shares of Dover by 116.3% in the third quarter. Sarver Vrooman Wealth Advisors now owns 612 shares of the industrial products company’s stock worth $110,000 after acquiring an additional 329 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Dover by 81.8% during the 2nd quarter. QRG Capital Management Inc. now owns 132,164 shares of the industrial products company’s stock valued at $29,642,000 after purchasing an additional 59,455 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of Dover by 99.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 14,701 shares of the industrial products company’s stock valued at $3,297,000 after purchasing an additional 7,322 shares during the period. Andra AP fonden increased its stake in Dover by 58.9% during the 2nd quarter. Andra AP fonden now owns 25,089 shares of the industrial products company’s stock worth $5,627,000 after purchasing an additional 9,300 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in Dover by 20.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,492 shares of the industrial products company’s stock worth $1,456,000 after buying an additional 1,099 shares during the period. 84.46% of the stock is currently owned by institutional investors.

Dover Trading Up 0.6%

Shares of NYSE DOV opened at $188.09 on Friday. Dover has a fifty-two week low of $158.97 and a fifty-two week high of $237.54. The firm has a market capitalization of $25.33 billion, a P/E ratio of 22.66, a P/E/G ratio of 1.42 and a beta of 1.13. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.98 and a quick ratio of 1.41. The company’s 50 day simple moving average is $197.71 and its 200 day simple moving average is $209.38.

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

Dover Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were given a $0.5250 dividend. The ex-dividend date was Monday, August 31st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Dover’s previous quarterly dividend of $0.52. Dover’s dividend payout ratio is currently 25.30%.

About Dover

(Get Free Report)

Dover Corporation is a diversified global manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including industrial manufacturing, energy, transportation, food and beverage, refrigeration, and building services.

The company’s products include pumps, compressors, fluid-handling equipment, fueling and dispensing systems, refrigeration and heat-transfer technologies, printing and marking equipment, and engineered components.