Zacks Research Weighs in on 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) - Zacks Research boosted their Q1 2026 earnings estimates for shares of Dover in a report released on Tuesday, August 26th. Zacks Research analyst Team now expects that the industrial products company will earn $2.29 per share for the quarter, up from their prior estimate 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.

DOV has been the subject of several other reports. Mizuho upped their price objective on shares of Dover from $215.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, June 13th. Royal Bank Of Canada increased their price target on shares of Dover from $203.00 to $206.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Citigroup reiterated a "buy" rating and issued a $226.00 price target (up from $202.00) on shares of Dover in a research note on Monday, July 14th. Barclays increased their price target on shares of Dover from $185.00 to $193.00 and gave the stock an "equal weight" rating in a research note on Friday, July 25th. Finally, Robert W. Baird increased their price target on shares of Dover from $219.00 to $234.00 and gave the stock an "outperform" rating in a research note 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 company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $213.92.

Dover Trading Down 0.8%

NYSE:DOV traded down $1.33 during midday trading on Friday, reaching $174.44. 136,870 shares of the stock traded hands, compared to its average volume of 1,046,946. The company has a fifty day moving average of $182.71 and a 200 day moving average of $179.58. Dover has a 12 month low of $143.04 and a 12 month 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. The stock has a market capitalization of $23.92 billion, a P/E ratio of 10.53, a PEG ratio of 1.42 and a beta of 1.27.

Dover (NYSE:DOV - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The industrial products company reported $2.44 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter in the prior year, the company earned $2.36 EPS. The firm's revenue was up 5.2% on a year-over-year basis. Dover has set its FY 2025 guidance at 9.350-9.550 EPS.

Dover Increases Dividend

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

Institutional Trading of Dover

A number of institutional investors have recently made changes to their positions in the stock. Claris Financial LLC purchased a new stake in shares of Dover during the 2nd quarter valued at about $259,000. Hohimer Wealth Management LLC purchased a new stake in shares of Dover during the 2nd quarter valued at about $1,953,000. Hudson Bay Capital Management LP lifted its stake in shares of Dover by 31.7% in the 2nd quarter. Hudson Bay Capital Management LP now owns 55,810 shares of the industrial products company's stock worth $10,226,000 after purchasing an additional 13,428 shares during the period. Nomura Holdings Inc. lifted its stake in shares of Dover by 95.6% in the 2nd 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 during the period. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Dover by 64.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 39,921 shares of the industrial products company's stock worth $7,315,000 after purchasing an additional 15,600 shares during the period. Hedge funds and other institutional investors own 84.46% of the company's stock.

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.