Zacks Research Issues Negative Outlook for Dover Earnings

Dover Co. (NYSE:DOV - Free Report) - Stock analysts at Zacks Research dropped their Q3 2025 earnings estimates for shares of Dover in a research report issued on Thursday, May 8th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $2.49 per share for the quarter, down from their previous forecast of $2.51. The consensus estimate for Dover's current full-year earnings is $9.45 per share. Zacks Research also issued estimates for Dover's Q4 2025 earnings at $2.40 EPS, FY2025 earnings at $9.31 EPS, Q1 2026 earnings at $2.27 EPS, Q2 2026 earnings at $2.57 EPS, Q3 2026 earnings at $2.66 EPS, Q4 2026 earnings at $2.62 EPS, Q1 2027 earnings at $2.56 EPS and FY2027 earnings at $10.96 EPS.

Several other brokerages also recently weighed in on DOV. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $176.00 price target on shares of Dover in a report on Friday, April 25th. Robert W. Baird cut their price target on Dover from $238.00 to $219.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. Barclays increased their price target on Dover from $180.00 to $185.00 and gave the stock an "equal weight" rating in a research note on Thursday, April 24th. Morgan Stanley assumed coverage on Dover in a report on Monday, April 14th. They issued an "equal weight" rating and a $185.00 price target on the stock. Finally, StockNews.com cut Dover from a "buy" rating to a "hold" rating in a report on Wednesday, March 26th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dover presently has an average rating of "Moderate Buy" and an average target price of $206.33.

Dover Price Performance

NYSE:DOV traded down $1.14 during trading hours on Monday, hitting $184.45. 792,584 shares of the stock traded hands, compared to its average volume of 973,693. The company has a quick ratio of 1.52, a current ratio of 2.04 and a debt-to-equity ratio of 0.36. Dover has a 1 year low of $143.04 and a 1 year high of $222.31. The company has a market cap of $25.29 billion, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 2.06 and a beta of 1.28. The stock has a 50 day moving average price of $171.60 and a 200 day moving average price of $188.28.

Dover (NYSE:DOV - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The industrial products company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.06. The business had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.88 billion. Dover had a net margin of 32.95% and a return on equity of 21.03%. The company's revenue was down .9% compared to the same quarter last year. During the same quarter last year, the company posted $1.95 EPS.

Institutional Trading of Dover

Hedge funds have recently made changes to their positions in the business. Financial Life Planners purchased a new stake in shares of Dover during the 4th quarter valued at about $28,000. North Capital Inc. purchased a new position in shares of Dover in the 1st quarter worth approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Dover in the 1st quarter worth approximately $31,000. R Squared Ltd purchased a new position in shares of Dover in the 4th quarter worth approximately $34,000. Finally, Costello Asset Management INC purchased a new position in shares of Dover in the 1st quarter worth approximately $35,000. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

Dover Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be issued a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Friday, May 30th. Dover's dividend payout ratio (DPR) is presently 12.41%.

About Dover

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.