Brokers Issue Forecasts for Dover's Q1 Earnings (NYSE:DOV)

Key Points

• Zacks Research has raised its Q1 2026 EPS estimate for Dover Corporation from $2.28 to $2.29, projecting FY2026 earnings at $10.33 EPS.
• The company recently reported Q2 earnings of $2.44 per share, exceeding analyst estimates and reflecting a 5.2% increase in revenue year-over-year.
• Dover has announced a quarterly dividend of $0.52 per share, maintaining a low payout ratio of 12.42%.

Dover Corporation (NYSE:DOV - Free Report) - Research analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for Dover in a research report issued on Tuesday, August 26th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $2.29 for the quarter, up from their prior forecast of $2.28. 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 $2.64 EPS, Q3 2026 earnings at $2.71 EPS, Q4 2026 earnings at $2.69 EPS, FY2026 earnings at $10.33 EPS and FY2027 earnings at $11.09 EPS.

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

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada increased their price objective on shares of Dover from $203.00 to $206.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Robert W. Baird increased their target price on Dover from $219.00 to $234.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Mizuho boosted their price target on Dover from $215.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, June 13th. Barclays raised their price objective on Dover from $185.00 to $193.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Finally, Citigroup reiterated a "buy" rating and issued a $226.00 target price (up from $202.00) on shares of Dover in a report on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Dover currently has a consensus rating of "Moderate Buy" and an average target price of $213.92.

Dover Stock Down 1.5%

Shares of Dover stock traded down $2.70 during trading on Friday, hitting $178.89. 496,968 shares of the stock traded hands, compared to its average volume of 895,204. The company has a current ratio of 1.95, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. The firm has a market cap of $24.53 billion, a P/E ratio of 10.79, a price-to-earnings-growth ratio of 1.42 and a beta of 1.27. The stock's fifty day simple moving average is $182.78 and its 200 day simple moving average is $179.77. Dover has a 52-week low of $143.04 and a 52-week high of $222.31.

Dover Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.2%. This is a positive change from Dover's previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, August 29th. Dover's dividend payout ratio is 12.55%.

Institutional Trading of Dover

Several institutional investors have recently bought and sold shares of DOV. Claris Financial LLC purchased a new position in Dover in the 2nd quarter valued at about $259,000. Hohimer Wealth Management LLC purchased a new position in shares of Dover in the second quarter valued at approximately $1,953,000. Hudson Bay Capital Management LP boosted its stake in shares of Dover by 31.7% in the second quarter. Hudson Bay Capital Management LP now owns 55,810 shares of the industrial products company's stock worth $10,226,000 after acquiring an additional 13,428 shares during the last quarter. Nomura Holdings Inc. increased its position in shares of Dover by 95.6% during the second quarter. Nomura Holdings Inc. now owns 27,610 shares of the industrial products company's stock worth $5,059,000 after purchasing an additional 13,496 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Dover by 64.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 39,921 shares of the industrial products company's stock valued at $7,315,000 after purchasing an additional 15,600 shares during the last quarter. 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.