What is Zacks Research's Forecast for Dover FY2026 Earnings?

Dover Corporation (NYSE:DOV - Free Report) - Stock analysts at Zacks Research raised their FY2026 earnings per share estimates for shares of Dover in a research report issued on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the industrial products company will earn $10.61 per share for the year, up from their prior estimate of $10.59. The consensus estimate for Dover's current full-year earnings is $10.67 per share. Zacks Research also issued estimates for Dover's Q4 2026 earnings at $2.74 EPS, Q2 2027 earnings at $2.91 EPS, Q4 2027 earnings at $2.89 EPS, FY2027 earnings at $11.21 EPS and FY2028 earnings at $11.76 EPS.

Dover (NYSE:DOV - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share for the quarter, beating analysts' consensus estimates of $2.72 by $0.02. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.21 billion. Dover had a return on equity of 18.32% and a net margin of 13.48%.Dover's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $2.44 EPS. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.

DOV has been the topic of several other reports. Wall Street Zen downgraded shares of Dover from a "buy" rating to a "hold" rating in a research report on Saturday, July 25th. Morgan Stanley raised their price objective on shares of Dover from $210.00 to $230.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 4th. Robert W. Baird set a $270.00 price objective on shares of Dover in a research report on Friday, July 24th. BMO Capital Markets raised shares of Dover from a "market perform" rating to an "outperform" rating and cut their target price for the company from $255.00 to $240.00 in a research note on Friday, July 24th. Finally, Wolfe Research restated an "outperform" rating and issued a $262.00 target price on shares of Dover in a report on Thursday, July 9th. Ten research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $238.29.

Dover Price Performance

DOV stock opened at $204.78 on Thursday. 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 has a one year low of $158.97 and a one year high of $237.54. The firm has a market capitalization of $27.58 billion, a PE ratio of 24.67, a P/E/G ratio of 1.53 and a beta of 1.16. The firm has a 50-day moving average of $211.61 and a two-hundred day moving average of $215.40.

Hedge Funds Weigh In On Dover

A number of hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System increased its stake in shares of Dover by 17,645.5% during the 2nd quarter. California State Teachers Retirement System now owns 39,632,967 shares of the industrial products company's stock worth $8,888,882,000 after purchasing an additional 39,409,626 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Dover by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 16,733,000 shares of the industrial products company's stock valued at $3,266,951,000 after purchasing an additional 120,341 shares during the last quarter. BlackRock Inc. bought a new stake in Dover in the second quarter worth $2,347,134,000. State Street Corp raised its holdings in Dover by 3.5% during the fourth quarter. State Street Corp now owns 6,760,797 shares of the industrial products company's stock valued at $1,319,978,000 after buying an additional 227,436 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Dover by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 3,519,070 shares of the industrial products company's stock worth $684,348,000 after buying an additional 30,372 shares during the last quarter. 84.46% of the stock is owned by institutional investors and hedge funds.

Dover Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.525 per share. This is an increase from Dover's previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.0%. Dover's dividend payout ratio (DPR) is 25.06%.

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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