Dover Corporation (NYSE:DOV – Free Report) – Zacks Research boosted their Q4 2026 earnings per share estimates for Dover in a report issued on Tuesday, September 29th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.75 per share for the quarter, up from their prior forecast of $2.74. The consensus estimate for Dover’s current full-year earnings is $10.67 per share. Zacks Research also issued estimates for Dover’s Q2 2027 earnings at $2.92 EPS, Q3 2027 earnings at $2.95 EPS, Q4 2027 earnings at $2.90 EPS, FY2027 earnings at $11.24 EPS, Q1 2028 earnings at $2.73 EPS, Q2 2028 earnings at $2.97 EPS and FY2028 earnings at $11.80 EPS.
A number of other research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Dover from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada dropped their price objective on Dover from $252.00 to $227.00 and set a “sector perform” rating for the company in a research note on Friday, July 24th. Morgan Stanley boosted their target price on Dover from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 4th. Robert W. Baird set a $270.00 price target on Dover in a research report on Friday, July 24th. Finally, Weiss Ratings lowered shares of Dover from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Dover currently has a consensus rating of “Moderate Buy” and a consensus target price of $238.21.
Dover Stock Down 1.0%
DOV stock opened at $189.51 on Wednesday. The company has a market cap of $25.52 billion, a P/E ratio of 22.83, a P/E/G ratio of 1.45 and a beta of 1.15. Dover has a 52 week low of $158.97 and a 52 week high of $237.54. The company’s 50-day moving average price is $198.44 and its 200 day moving average price is $209.61. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33.
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, topping 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 for the quarter, compared to analyst estimates of $2.21 billion. During the same period in the previous year, the firm earned $2.44 EPS. The business’s revenue was up 6.8% on a year-over-year basis. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.
Hedge Funds Weigh In On Dover
Institutional investors and hedge funds have recently modified their holdings of the company. Callan Family Office LLC acquired a new stake in Dover in the 2nd quarter worth about $702,000. Concurrent Investment Advisors LLC boosted its position in shares of Dover by 239.5% in the second quarter. Concurrent Investment Advisors LLC now owns 14,204 shares of the industrial products company’s stock worth $3,186,000 after acquiring an additional 10,020 shares during the last quarter. Squarepoint Ops LLC boosted its holdings in shares of Dover by 1,356.0% in the 2nd quarter. Squarepoint Ops LLC now owns 25,989 shares of the industrial products company’s stock valued at $5,829,000 after purchasing an additional 24,204 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of Dover during the 1st quarter valued at $1,367,000. Finally, E. Ohman J or Asset Management AB increased its holdings in shares of Dover by 3,177.2% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 146,949 shares of the industrial products company’s stock worth $32,958,000 after buying an additional 142,465 shares during the last quarter. Hedge funds and other institutional investors own 84.46% of the company’s stock.
Dover Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a dividend of $0.5250 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Dover’s previous quarterly dividend of $0.52. The ex-dividend date was Monday, August 31st. Dover’s payout ratio is presently 25.30%.
About Dover
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.
See Also
- Five stocks we like better than Dover
- The Bull Case for Amprius Technologies Just Got Stronger
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
Receive News & Ratings for Dover Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dover and related companies with MarketBeat.com's FREE daily email newsletter.
