Zacks Research Has Positive Outlook for Dover Q4 Earnings

Key Points

• Zacks Research raised Dover’s Q4 2026 EPS estimate to $2.73 from $2.72, while full-year consensus earnings stand at $10.65 per share.
• Dover’s latest quarterly results slightly beat expectations, with EPS of $2.74 versus $2.72 expected, although revenue of $2.19 billion fell short of estimates; sales still increased 6.8% year over year.
• Analysts remain broadly positive, with 10 Buy ratings and five Holds producing a “Moderate Buy” consensus and an average price target of $238.29, compared with shares near $211.

Dover Corporation (NYSE:DOV - Free Report) - Research analysts at Zacks Research boosted their Q4 2026 earnings per share estimates for shares of Dover in a report released on Thursday, August 6th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.73 per share for the quarter, up from their previous forecast of $2.72. The consensus estimate for Dover's current full-year earnings is $10.65 per share.

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

DOV has been the topic of several other research reports. Oppenheimer lifted their price target on Dover from $242.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Barclays raised their price objective on shares of Dover from $206.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Friday, April 24th. Weiss Ratings raised shares of Dover from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, August 4th. Royal Bank Of Canada dropped their price target on shares of Dover from $252.00 to $227.00 and set a "sector perform" rating for the company in a research note on Friday, July 24th. Finally, Robert W. Baird set a $270.00 price target on shares of Dover in a report on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $238.29.

Dover Stock Down 0.1%

Shares of NYSE:DOV opened at $210.95 on Monday. Dover has a 52-week low of $158.97 and a 52-week high of $237.54. The stock has a market cap of $28.41 billion, a P/E ratio of 25.42, a PEG ratio of 1.61 and a beta of 1.16. The business has a fifty day moving average of $214.58 and a two-hundred day moving average of $215.69. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 0.33.

Institutional Trading of Dover

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Dover by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 16,733,000 shares of the industrial products company's stock worth $3,266,951,000 after buying an additional 120,341 shares during the period. BlackRock Inc. acquired a new position in shares of Dover in the 2nd quarter worth approximately $2,347,134,000. State Street Corp boosted its position in shares of Dover by 3.5% during the 4th quarter. State Street Corp now owns 6,760,797 shares of the industrial products company's stock worth $1,319,978,000 after purchasing an additional 227,436 shares during the period. Geode Capital Management LLC boosted its position in shares of Dover by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 3,519,070 shares of the industrial products company's stock worth $684,348,000 after purchasing an additional 30,372 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Dover by 5.2% in the 1st quarter. Bank of New York Mellon Corp now owns 3,030,972 shares of the industrial products company's stock valued at $631,806,000 after purchasing an additional 150,319 shares during the last quarter. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

More Dover News

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Dover raised its quarterly cash dividend to $0.525 per share from $0.52, an increase of $0.005. The new annualized payout is $2.10 per share, signaling continued confidence in cash generation and providing a modest boost for income-oriented investors. Dover Increases Dividend
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $10.59 from $10.55 and its FY2027 forecast to $11.19 from $11.12. It also lifted estimates for each quarter of FY2027, indicating expectations for somewhat stronger near-term operating performance. Dover earnings estimate revisions
• Positive Sentiment: Longer-term expectations also improved: Zacks raised its FY2028 EPS forecast to $11.73 from $11.63, with increases to its Q1 and Q2 2028 estimates. The revisions reinforce a constructive earnings outlook, although the changes are relatively small. Dover long-term earnings estimates
• Neutral Sentiment: Dover recently reported quarterly EPS of $2.74, slightly ahead of estimates, while revenue of $2.19 billion was below consensus. At a price near $211, the stock trades at approximately 25 times earnings and below its 50-day and 200-day moving averages, which may limit the immediate upside despite the favorable dividend and earnings updates.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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