Several brokerages have updated their recommendations and price targets on shares of Dover (NYSE: DOV) in the last few weeks:
- 10/23/2026 – Dover had its price target raised by Royal Bank Of Canada from $216.00 to $219.00. They now have a “sector perform” rating on the stock.
- 10/23/2026 – Dover had its price target raised by Citigroup from $266.00 to $268.00. They now have a “buy” rating on the stock.
- 10/23/2026 – Dover was given a new $258.00 price target by Robert W. Baird.
- 10/23/2026 – Dover had its price target raised by Wells Fargo & Company from $229.00 to $233.00. They now have an “overweight” rating on the stock.
- 10/15/2026 – Dover had its price target lowered by Mizuho from $270.00 to $245.00. They now have an “outperform” rating on the stock.
- 10/14/2026 – Dover had its price target lowered by Royal Bank Of Canada from $227.00 to $216.00. They now have a “sector perform” rating on the stock.
- 9/24/2026 – Dover is now covered by Wells Fargo & Company. They set an “overweight” rating and a $229.00 price target on the stock.
- 9/24/2026 – Dover is now covered by Wells Fargo & Company. They set an “overweight” rating and a $229.00 price target on the stock.
Dover Price Performance
Shares of Dover stock traded down $1.45 during midday trading on Wednesday, hitting $212.12. 71,760 shares of the company traded hands, compared to its average volume of 1,170,024. The firm’s fifty day moving average price is $194.44 and its 200-day moving average price is $209.68. The stock has a market cap of $28.21 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 1.86 and a beta of 1.10. Dover Corporation has a 12 month low of $176.91 and a 12 month high of $237.54. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.37 and a current ratio of 1.95.
Dover (NYSE:DOV – Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The industrial products company reported $2.88 EPS for the quarter, beating the consensus estimate of $2.85 by $0.03. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.22 billion. Dover had a net margin of 13.60% and a return on equity of 18.68%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.62 EPS. As a group, sell-side analysts forecast that Dover Corporation will post 10.72 earnings per share 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 issued a dividend of $0.5250 per share. This is a positive change from Dover’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.10 annualized dividend and a dividend yield of 1.0%. Dover’s dividend payout ratio (DPR) is 24.48%.
Insider Buying and Selling at Dover
In related news, CEO Richard Tobin sold 86,440 shares of the business’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $214.86, for a total transaction of $18,572,498.40. Following the sale, the chief executive officer owned 212,855 shares in the company, valued at $45,734,025.30. The trade was a 28.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.
Dover Corporation (NYSE: DOV) is a diversified manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including fluid handling, equipment manufacturing, clean energy, fueling, refrigeration, heating and cooling, printing, and vehicle service.
The company’s products include pumps, compressors, controls, dispensing and fueling equipment, refrigeration systems, heat-transfer technologies, industrial machinery, vehicle lifts and service equipment, and components used in engineered industrial applications.
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