Dover (NYSE:DOV) Downgraded by Wall Street Zen to Hold

Key Points

• Wall Street Zen downgraded Dover from "buy" to "hold", though several other firms raised price targets and the consensus remains a Moderate Buy with a $237.36 average target.
• Dover's Q1 results showed EPS of $2.28 (beat by $0.01) while revenue of $2.05B missed estimates (~$2.19B); revenue was up 10.1% YoY and FY‑2026 EPS guidance was set at $10.45–$10.65, roughly matching Street forecasts.
• Insiders sold about 82,497 shares (~$19.2M) over the past three months, reducing insider ownership to ~1.10%, while institutional investors own roughly 84.5% of the stock.

Dover (NYSE:DOV - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.

A number of other equities analysts have also recently issued reports on DOV. Barclays increased their price target on Dover from $206.00 to $230.00 and gave the stock an "equal weight" rating in a report on Friday. Oppenheimer increased their target price on Dover from $242.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday. BMO Capital Markets increased their target price on Dover from $237.00 to $250.00 and gave the stock a "market perform" rating in a report on Friday. The Goldman Sachs Group reiterated a "buy" rating and issued a $224.00 target price on shares of Dover in a report on Saturday, January 31st. Finally, Robert W. Baird increased their target price on Dover from $255.00 to $279.00 and gave the stock an "outperform" rating in a report on Friday. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, Dover currently has a consensus rating of "Moderate Buy" and a consensus price target of $237.36.

Dover Price Performance

Dover stock opened at $224.96 on Friday. The stock has a market capitalization of $30.33 billion, a price-to-earnings ratio of 28.05, a PEG ratio of 1.75 and a beta of 1.25. Dover has a 52-week low of $158.97 and a 52-week high of $237.54. The stock's 50 day moving average price is $216.84 and its two-hundred day moving average price is $200.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.28 and a current ratio of 1.79.

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. The firm had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.19 billion. Dover had a return on equity of 18.00% and a net margin of 13.30%.The company's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.05 EPS. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. On average, equities analysts predict that Dover will post 10.55 earnings per share for the current year.

Insider Buying and Selling at Dover

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

Hedge Funds Weigh In On Dover

Large investors have recently bought and sold shares of the stock. Machina Capital S.A.S. grew its holdings in Dover by 91.8% during the 3rd quarter. Machina Capital S.A.S. now owns 16,834 shares of the industrial products company's stock valued at $2,808,000 after buying an additional 8,055 shares in the last quarter. Generali Asset Management SPA SGR grew its holdings in Dover by 103.4% during the 3rd quarter. Generali Asset Management SPA SGR now owns 16,020 shares of the industrial products company's stock valued at $2,673,000 after buying an additional 8,145 shares in the last quarter. SG Americas Securities LLC grew its holdings in Dover by 1,644.9% during the 3rd quarter. SG Americas Securities LLC now owns 26,749 shares of the industrial products company's stock valued at $4,463,000 after buying an additional 25,216 shares in the last quarter. Federated Hermes Inc. grew its holdings in Dover by 17.3% during the 3rd quarter. Federated Hermes Inc. now owns 43,300 shares of the industrial products company's stock valued at $7,224,000 after buying an additional 6,399 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in Dover by 34.4% during the 3rd quarter. Cerity Partners LLC now owns 91,061 shares of the industrial products company's stock valued at $15,192,000 after buying an additional 23,298 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors.

Key Dover News

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Robert W. Baird raised its price target to $279 and assigned an "outperform" rating, implying ~24% upside vs. the current price — a bullish signal from a major shop. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to $250 with a "market perform" rating, signaling additional analyst support for the stock. Article Title
• Positive Sentiment: Dover reported Q1 EPS of $2.28, narrowly beating consensus ($2.27) and showing 10% revenue growth year‑over‑year; the company provided FY‑2026 EPS guidance of $10.45–$10.65, roughly in line with Street estimates — supports the view of durable profitability. Dover Reports First Quarter 2026 Results
• Neutral Sentiment: Dover said there are no material changes to its 2025 risk profile and directed investors to its prior 10‑K — a routine regulatory clarification rather than new operational news. Announcement
• Neutral Sentiment: Earnings materials, slide deck and full call transcript have been released — useful for modeling and management commentary but not a surprise. Slide Deck Call Transcript
• Neutral Sentiment: Analyst/modeling pieces (Zacks, others) updated FY forecasts, which investors will use to re‑rate multiples — informational but incremental. Zacks Research
• Negative Sentiment: Revenue missed expectations: Q1 sales were $2.05B vs. analyst estimates near $2.19B, and FY revenue guidance ($8.5–$8.7B) sits around consensus — the top‑line softness likely pressured the stock despite the EPS beat. Earnings Release

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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