Zacks Research Issues Optimistic Forecast for Dover Earnings

Key Points

• Zacks Research raised its Q1 2026 earnings per share estimate for Dover to $2.30, up from $2.29, with a full-year forecast of $9.45 per share.
• Dover's recent quarterly earnings were reported at $2.44 per share, exceeding the consensus estimate of $2.39, with revenues reaching $2.05 billion.
• Institutional investors hold 84.46% of Dover's stock, reflecting strong institutional backing for the company and its recent stock performance.

Dover Corporation (NYSE:DOV - Free Report) - Stock analysts at Zacks Research increased their Q1 2026 earnings per share estimates for shares of Dover in a report issued on Thursday, September 25th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.30 for the quarter, up from their prior estimate of $2.29. 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 $2.65 EPS, Q4 2026 earnings at $2.70 EPS, FY2026 earnings at $10.35 EPS, Q1 2027 earnings at $2.53 EPS and Q2 2027 earnings at $2.78 EPS.

Other equities research analysts also recently issued research reports about the company. Citigroup restated a "buy" rating and issued a $226.00 target price (up previously from $202.00) on shares of Dover in a research report on Monday, July 14th. Wells Fargo & Company boosted their target price on Dover from $190.00 to $195.00 and gave the company an "equal weight" rating in a report on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on Dover from $211.00 to $217.00 and gave the company an "overweight" rating in a research note on Monday, July 28th. Mizuho increased their price objective on Dover from $215.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, June 13th. Finally, Barclays boosted their price objective on shares of Dover from $185.00 to $193.00 and gave the stock an "equal weight" rating in a research report on Friday, July 25th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Dover has an average rating of "Moderate Buy" and a consensus price target of $213.92.

Dover Price Performance

Shares of NYSE DOV opened at $165.35 on Friday. The firm has a market cap of $22.67 billion, a PE ratio of 9.97, a PEG ratio of 1.33 and a beta of 1.27. The firm has a fifty day moving average of $178.02 and a 200 day moving average of $177.07. 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 quick ratio of 1.35 and a current ratio of 1.95.

Dover (NYSE:DOV - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The industrial products company reported $2.44 EPS for the quarter, beating the consensus estimate of $2.39 by $0.05. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.03 billion. Dover had a net margin of 29.29% and a return on equity of 18.19%. The company's quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.36 earnings per share. Dover has set its FY 2025 guidance at 9.350-9.550 EPS.

Dover Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, August 29th. This is a boost from Dover's previous quarterly dividend of $0.52. This represents a $2.08 dividend on an annualized basis and a yield of 1.3%. Dover's dividend payout ratio is currently 12.55%.

Institutional Trading of Dover

Several institutional investors have recently added to or reduced their stakes in the company. AdvisorShares Investments LLC purchased a new position in Dover during the 2nd quarter worth $30,000. North Capital Inc. acquired a new position in Dover during the first quarter worth about $29,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of Dover by 122.4% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 93 shares during the period. Caldwell Trust Co acquired a new stake in shares of Dover during the 2nd quarter worth about $31,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of Dover in the 1st quarter valued at $31,000. Institutional investors own 84.46% of the company's stock.

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.

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