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

Key Points

• Analysts give Dover a consensus rating of "Moderate Buy" (9 buys, 6 holds) with an average 12‑month price target of about $237.36, and several firms recently raised targets (e.g., Robert W. Baird to $279).
• Dover reported quarterly EPS of $2.28 (beat by $0.01) with revenue of $2.05B (below estimates but up 10.1% YoY) and set FY2026 guidance of $10.45–$10.65 EPS versus a sell‑side forecast of $10.57.
• The company pays a quarterly dividend of $0.52 (annualized yield ~0.9%) and has seen significant insider selling recently—about 82,497 shares worth $19.2M over the past three months, with insiders owning 1.10% of shares.

Shares of Dover Corporation (NYSE:DOV - Get Free Report) have received an average recommendation of "Moderate Buy" from the fifteen ratings firms that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $237.3571.

DOV has been the subject of a number of recent research reports. Barclays raised their price target on shares of Dover from $206.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Friday. Weiss Ratings raised shares of Dover from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 6th. Royal Bank Of Canada reissued a "sector perform" rating and set a $252.00 price target on shares of Dover in a research report on Friday. Oppenheimer raised their price target on shares of Dover from $242.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Robert W. Baird raised their price target on shares of Dover from $255.00 to $279.00 and gave the stock an "outperform" rating in a research report on Friday.

Dover Stock Up 0.6%

DOV stock opened at $226.18 on Tuesday. The firm has a 50 day moving average of $216.74 and a 200 day moving average of $201.87. The stock has a market capitalization of $30.46 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 1.72 and a beta of 1.25. The company has a quick ratio of 1.32, a current ratio of 1.87 and a debt-to-equity ratio of 0.35. Dover has a 52 week low of $158.97 and a 52 week high of $237.54.

Dover (NYSE:DOV - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $2.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.27 by $0.01. Dover had a net margin of 13.30% and a return on equity of 18.01%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the firm posted $2.05 EPS. Dover's revenue for the quarter was up 10.1% compared to the same quarter last year. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. Sell-side analysts forecast that Dover will post 10.57 earnings per share for the current year.

Dover Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Friday, February 27th. Dover's payout ratio is 25.94%.

Insider Activity

In other news, SVP Ivonne M. Cabrera sold 4,000 shares of Dover stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $233.23, for a total transaction of $932,920.00. Following the completion of the transaction, the senior vice president directly owned 72,188 shares of the company's stock, valued at $16,836,407.24. The trade was a 5.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Girish Juneja sold 1,500 shares of Dover stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $230.77, for a total transaction of $346,155.00. Following the transaction, the vice president directly owned 8,422 shares of the company's stock, valued at approximately $1,943,544.94. This trade represents a 15.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,497 shares of company stock valued at $19,196,277 in the last three months. 1.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dover

Several institutional investors have recently made changes to their positions in DOV. Financial Life Planners purchased a new position in shares of Dover during the 3rd quarter valued at approximately $25,000. Meeder Asset Management Inc. increased its holdings in shares of Dover by 234.2% during the 4th quarter. Meeder Asset Management Inc. now owns 127 shares of the industrial products company's stock valued at $25,000 after purchasing an additional 89 shares in the last quarter. Reflection Asset Management purchased a new position in shares of Dover during the 4th quarter valued at approximately $26,000. MV Capital Management Inc. purchased a new position in shares of Dover during the 4th quarter valued at approximately $29,000. Finally, Tompkins Financial Corp increased its holdings in Dover by 102.7% in the 4th quarter. Tompkins Financial Corp now owns 152 shares of the industrial products company's stock worth $30,000 after acquiring an additional 77 shares in the last quarter. 84.46% of the stock is owned by hedge funds and other institutional investors.

Dover Company Profile

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.

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