Zacks Research Issues Negative Forecast for Dover Earnings

Dover Co. (NYSE:DOV - Free Report) - Stock analysts at Zacks Research cut their Q1 2026 earnings per share estimates for shares of Dover in a research report issued to clients and investors on Tuesday, May 27th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $2.26 per share for the quarter, down from their previous estimate of $2.27. The consensus estimate for Dover's current full-year earnings is $9.45 per share. Zacks Research also issued estimates for Dover's Q2 2026 earnings at $2.60 EPS, Q3 2026 earnings at $2.67 EPS, Q4 2026 earnings at $2.63 EPS, FY2026 earnings at $10.16 EPS, Q1 2027 earnings at $2.57 EPS and FY2027 earnings at $11.00 EPS.

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

A number of other equities research analysts also recently weighed in on DOV. Oppenheimer restated an "outperform" rating and set a $225.00 target price (up previously from $220.00) on shares of Dover in a research report on Friday, January 31st. Citigroup dropped their target price on Dover from $244.00 to $201.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company boosted their target price on Dover from $200.00 to $215.00 and gave the stock an "equal weight" rating in a research report on Friday, January 31st. Wall Street Zen downgraded Dover from a "buy" rating to a "hold" rating in a research report on Wednesday, March 26th. Finally, Robert W. Baird dropped their target price on Dover from $238.00 to $219.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $207.75.

Dover Trading Down 1.1%

Shares of DOV stock traded down $1.98 on Thursday, reaching $177.70. 1,483,831 shares of the stock were exchanged, compared to its average volume of 972,756. The stock has a market cap of $24.36 billion, a PE ratio of 9.14, a P/E/G ratio of 2.06 and a beta of 1.28. Dover has a one year low of $143.04 and a one year high of $222.31. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.04 and a quick ratio of 1.52. The stock has a 50 day moving average price of $171.49 and a 200 day moving average price of $187.04.

Dover Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be paid a $0.515 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.06 dividend on an annualized basis and a yield of 1.16%. Dover's payout ratio is 12.41%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DOV. Financial Life Planners acquired a new position in Dover in the fourth quarter valued at about $28,000. North Capital Inc. acquired a new position in Dover in the first quarter valued at about $29,000. N.E.W. Advisory Services LLC acquired a new position in Dover in the first quarter valued at about $31,000. Truvestments Capital LLC boosted its position in shares of Dover by 1,005.9% during the first quarter. Truvestments Capital LLC now owns 188 shares of the industrial products company's stock worth $33,000 after buying an additional 171 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Dover during the fourth quarter worth about $34,000. 84.46% of the stock is owned by institutional investors and hedge funds.

Dover Company Profile

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.