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NYSE:DOV

Dover (DOV) Stock Price, News & Analysis

$187.56
+1.50 (+0.81%)
(As of 05/22/2024 ET)
Today's Range
$186.19
$187.80
50-Day Range
$168.61
$187.56
52-Week Range
$127.25
$187.80
Volume
937,237 shs
Average Volume
1.10 million shs
Market Capitalization
$25.78 billion
P/E Ratio
18.02
Dividend Yield
1.09%
Price Target
$185.75

Dover MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.0% Downside
$185.75 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.00
Upright™ Environmental Score
News Sentiment
0.06mentions of Dover in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$4.32 M Sold Last Quarter
Proj. Earnings Growth
8.68%
From $9.10 to $9.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Industrial Products Sector

25th out of 166 stocks

Construction, Mining, & Materials Handling Machinery & Equipment Industry

1st out of 2 stocks

DOV stock logo

About Dover Stock (NYSE:DOV)

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. This segment offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as related consumable, software, and service to packaged and consumer goods, pharmaceutical, manufacturing, fashion and apparel, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

DOV Stock Price History

DOV Stock News Headlines

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Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Last Earnings
4/25/2024
Today
5/22/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction, mining, & materials handling machinery & equipment
Sub-Industry
Industrial Machinery
CUSIP
26000310
Employees
25,000
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$185.75
High Stock Price Target
$208.00
Low Stock Price Target
$153.00
Potential Upside/Downside
-1.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.06 billion
Pretax Margin
21.09%

Debt

Sales & Book Value

Annual Sales
$8.44 billion
Cash Flow
$11.26 per share
Book Value
$37.49 per share

Miscellaneous

Free Float
135,643,000
Market Cap
$25.78 billion
Optionable
Optionable
Beta
1.25

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Key Executives


DOV Stock Analysis - Frequently Asked Questions

Should I buy or sell Dover stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dover in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DOV shares.
View DOV analyst ratings
or view top-rated stocks.

What is Dover's stock price target for 2024?

9 brokers have issued twelve-month price objectives for Dover's stock. Their DOV share price targets range from $153.00 to $208.00. On average, they predict the company's share price to reach $185.75 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for DOV
or view top-rated stocks among Wall Street analysts.

How have DOV shares performed in 2024?

Dover's stock was trading at $153.81 on January 1st, 2024. Since then, DOV stock has increased by 21.9% and is now trading at $187.56.
View the best growth stocks for 2024 here
.

Are investors shorting Dover?

Dover saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,820,000 shares, an increase of 16.8% from the April 15th total of 3,270,000 shares. Based on an average daily trading volume, of 1,000,000 shares, the short-interest ratio is currently 3.8 days. Approximately 2.8% of the company's stock are short sold.
View Dover's Short Interest
.

When is Dover's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our DOV earnings forecast
.

How were Dover's earnings last quarter?

Dover Co. (NYSE:DOV) released its earnings results on Thursday, April, 25th. The industrial products company reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.88 by $0.07. The industrial products company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.03 billion. Dover had a trailing twelve-month return on equity of 25.04% and a net margin of 17.28%. The business's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.94 EPS.
Read the conference call transcript
.

How often does Dover pay dividends? What is the dividend yield for Dover?

Dover announced a quarterly dividend on Friday, May 3rd. Shareholders of record on Friday, May 31st will be paid a dividend of $0.51 per share on Friday, June 14th. This represents a $2.04 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Friday, May 31st.
Read our dividend analysis for DOV
.

Is Dover a good dividend stock?

Dover (NYSE:DOV) pays an annual dividend of $2.04 per share and currently has a dividend yield of 1.11%. The company has been increasing its dividend for 69 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOV will have a dividend payout ratio of 20.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOV.

What guidance has Dover issued on next quarter's earnings?

Dover issued an update on its FY24 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $9.00-9.15 for the period, compared to the consensus estimate of $9.06. The company issued revenue guidance of ~$8.61-8.78 billion, compared to the consensus revenue estimate of $8.57 billion.

What is Richard J. Tobin's approval rating as Dover's CEO?

38 employees have rated Dover Chief Executive Officer Richard J. Tobin on Glassdoor.com. Richard J. Tobin has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Dover own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dover investors own include Johnson & Johnson (JNJ), CVS Health (CVS), Chevron (CVX), Intel (INTC), Procter & Gamble (PG), PepsiCo (PEP), AT&T (T), Coca-Cola (KO), Exxon Mobil (XOM) and AbbVie (ABBV).

Who are Dover's major shareholders?

Dover's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.92%), Price T Rowe Associates Inc. MD (1.92%), Bank of New York Mellon Corp (0.87%), ProShare Advisors LLC (0.85%), Williams Jones Wealth Management LLC. (0.43%) and Swiss National Bank (0.30%). Insiders that own company stock include Anthony K Kosinski, Brad M Cerepak, David J Malinas, Richard J Tobin and Stephen M Todd.
View institutional ownership trends
.

How do I buy shares of Dover?

Shares of DOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Dover have any subsidiaries?
The following companies are subsidiares of Dover: APM Grundstücksverwaltungsgesellschaft mbH & Co. KG, Accelerated Production Systems, Acme Cryo Intermediate Inc., Acme Cryogenics, Acme Cryogenics Inc., Acme Elevator, Advansor A/S, Advansor Dover International (Poland) sp. z o.o., Advansor Germany GmbH, Alfred Fueling Systems Holdco Ltd., Alfred Fueling Systems Inc., Alfred Fueling Systems Intermediate Holdco Ltd., All-Flo Pump Company, Anman LLC, Anthony Equity Holdings Inc., Anthony Holdings Inc., Anthony Inc., Anthony International, Anthony International Foreign Sales Corp., Anthony International Holding Company, Anthony Mexico Holdings LLC, Anthony North Holdco Inc., Anthony Specialty Glass LLC, Anthony TemperBent GP LLC, Audax ECII Blocker Inc., Auto Glanz Solutions LLC, AvaLAN Wireless Systems Incorporated, BELVAC CR spol s r.o., BSC Filters Limited, Belanger, Belanger Inc., Belvac Middle East FZE, Belvac Production Machinery Inc., Blackmer, BlitzRotary GmbH, Blue Bite LLC, Blue Bite LLC, Butler Engineering and Marketing S.P.A., CDS Visual, CDS Visual Inc., CEP Liquidation LLC, CP Formation LLC, CPC Europe Inc., CPI Products Inc., Caldera, Canada Organization & Development LLC, Chief Automotive Technologies (Shanghai) Trading Company Ltd., Chippewa Square Captive Insurance Company, Colder Products Company, Colder Products Company GmbH, Colder Products Company LTD, Cook Compression LLC, Cook Compression Limited, Cook-MFS Inc., Cryogenic Experts LLC, DD1 Inc., DDI Properties Inc., DE-STA-CO Benelux B.V., DE-STA-CO FRANCE, DE-STA-CO Shanghai Co. Ltd., DESTACO UK Limited, DFH Corporation, DFS Netherlands B.V., Datamax International Corp, De Sta Co (Asia) Company Limited, De-Sta-Co Cylinders Inc., DeStaCo Europe GmbH, Delaware Capital Formation Inc., Delaware Capital Holdings Inc., Dositec Sistemas SL, Dosmatic U.S.A. Inc., Dover (China) Investment Co. Ltd., Dover (Schweiz) Holding GmbH, Dover (Shanghai) Industrial Co. Ltd., Dover (Shenzhen) Industrial Equipment Manufacturing Co. Ltd., Dover (Suzhou) Industrial Equipment Manufacturing Co. Ltd., Dover Asia Trading Private Ltd., Dover Australia Holdings Pty Limited, Dover Business Services EMEA Limited, Dover Business Services Europe S.R.L., Dover Business Services LLC, Dover Business Services Philippines Corporation, Dover CLP Formation Limited Partnership, Dover Canada Holdings ULC, Dover Canada Operations ULC, Dover Corporation Regional Headquarters, Dover DEI Services Inc., Dover Denmark Holdings ApS, Dover EMEA FZCO, Dover Energy UK Ltd, Dover Engineered Products Segment Inc., Dover Europe Inc., Dover Europe Sarl, Dover Fluids UK Ltd, Dover France Holdings, Dover France Participations, Dover France Technologies, Dover Fueling Solutions Segment Inc., Dover Fueling Solutions UK Limited, Dover Germany GmbH, Dover Global Holdings LLC, Dover Holdings de Mexico S.A. de C.V., Dover Imaging & Identification Segment Inc., Dover India Pvt. Ltd., Dover Intercompany Services UK Limited, Dover International B.V., Dover International Operations Inc., Dover International Ventures Inc., Dover International ithalat ihracat ve Pazarlama Limited Sirketi, Dover Italy Holdings S.r.l., Dover Luxembourg Finance Sarl, Dover Luxembourg Participations Sarl, Dover Luxembourg S.a.r.l., Dover Luxembourg Services Sarl, Dover Operations South Africa (Pty) Ltd, Dover Overseas Ventures Inc., Dover Pumps & Process Solutions Segment Inc., Dover Refrigeration & Food Equipment Segment Inc., Dover Refrigeration & Food Equipment UK Ltd, Dover Resources International de Mexico S. de R.L. C.V., Dover Solutions Colombia SAS, Dover Southeast Asia (Thailand) Ltd., Dover Spain Holdings S.L., Dover Switzerland Participations GmbH, Dover UK Pensions Limited, Dover WSCR Holding LLC, Dover WSCR LLC, Dover do Brasil Ltda., Dow-Key Microwave Corporation, Dresser Wayne Data Technology (Shanghai) Co. Ltd., Dresser Wayne Fuel Equipment (Shanghai) Co. Ltd., ECI - IGT Holdings LLC, ECI Holding Company LLC, ECI RegO S. de R.L. de C.V, ECI RegO Servicios S. de R.L. de C.V., ECII (Mexico) LLC, EOA Systems Inc., Ebs-Ray Holdings Pty Ltd, Ebs-Ray Industries Pty Ltd, Ebs-Ray Pumps Pty Ltd, Em-Tec, Engineered Controls International LLC, Espy, Ettlinger, Ettlinger Kunststoffmaschinen GmbH, Fairbanks Environmental Limited, Fibrelite Composites Limited, Fibresec Holdings Limited, Fibresec Limited, Finder, GAL LLC, GIIER LLC, Gala Industries, Guangdong Tokheim LIYUAN Oil Industry Technology Limited Company, Highland Park Insurance Company, Hill PHOENIX Inc., Hill PHOENIX WIC LLC, Hill Phoenix Costa Rica Sociedad De Responsabilidad Limitada, Hill Phoenix El Salvador Limitada de Capital Variable, Hill Phoenix Guatemala Sociedad Anonima, Hill Phoenix Honduras Sociedad Anonima, Hill Phoenix Nicaragua Sociedad Anonima, Hill Phoenix de Mexico S.A. de C.V., Hiltap Fittings Ltd., Hydro Systems Company, Hydro Systems Europe Ltd., Industrial Motion Control LLC, Innovative Control Systems, Innovative Control Systems Inc., Inpro/Seal LLC, JK Group, JK Group S.P.A., JK Group USA Inc., K S Boca Inc., K&L Microwave DR Inc., K&L Microwave Inc., KPS (Beijing) Petroleum Equipment Trading Co Ltd., KPS Fueling Solutions Sdn. Bhd., KPS Hong Kong Holding Limited, KPS UK Limited, KS Formation Inc., KS Liquidation Inc., KSLP Liquidation L.P., Kiian Digital (Shanghai) Co. Ltd., Knappco LLC, Knowles Electronics, LIQAL, LIQAL B.V., Liquip, Liquip, Liquip International Pty Limited, MAAG, MARKEM FZ SA, MARKEM-IMAJE Corporation, MIP Holdings Inc., MS Printing Solutions, MS Printing Solutions S.R.L., Maag, Maag Automatik Plastics Machinery (Shanghai) Co. Ltd., Maag Gala Inc., Maag Germany GmbH, Maag Italy S.R.L., Maag Pump Systems, Maag Pump Systems (US) Inc., Maag Pump Systems AG, Maag Reduction Inc., Maag Service (Malaysia) Sdn. Bdn., Maag Service (Taiwan) Ltd., Maag Systems (Thailand) Limited, Macro Technologies LLC, Malema, Marathon Equipment Company (Delaware), Markem Imaje Center of Competencies Spain S.L.U., Markem-Imaje, Markem-Imaje (China) Co. Limited, Markem-Imaje - Unipessoal Lda, Markem-Imaje A/S, Markem-Imaje AB, Markem-Imaje AG, Markem-Imaje AS, Markem-Imaje B.V., Markem-Imaje CSAT GmbH, Markem-Imaje Co. Ltd., Markem-Imaje GmbH, Markem-Imaje Holding, Markem-Imaje Identificacao de Produtos Ltda., Markem-Imaje Inc., Markem-Imaje India Private Limited, Markem-Imaje Industries, Markem-Imaje Industries Limited, Markem-Imaje KK, Markem-Imaje LLC, Markem-Imaje Limited, Markem-Imaje Ltd., Markem-Imaje N.V., Markem-Imaje Oy, Markem-Imaje Philippines Corporation, Markem-Imaje Pty. Ltd., Markem-Imaje S.A., Markem-Imaje S.A. de C.V., Markem-Imaje S.r.l., Markem-Imaje SAS, Markem-Imaje Sdn. Bhd., Markem-Imaje Singapore Pte. Ltd., Markem-Imaje Spain S.A., Markpoint Holding AB, Midland Manufacturing LLC, Midwest Cryogenics Inc., Mouvex, Northeast Services Inc., Northern Lights (Nevada) Inc., Northern Lights Funding LP, Northern Lights Investments LLC, Nova Controls Inc., OK International, OK International Holdings Inc., OK International Inc., OK International Ltd., OPW Engineered Systems LLC, OPW Fluid Transfer Group Europe B.V., OPW Fluid Transfer Solutions (Jiang Su) Co. Ltd., OPW Fluids Group Inc., OPW Fuel Management Systems Inc., OPW Fueling Components (SuZhou) Co. Ltd., OPW Fueling Components LLC, OPW Malaysia Sdn. Bhd., OPW Slovakia s.r.o., OPW Sweden AB, Officine Meccaniche Sirio S.R.L., PDQ Manufacturing, PDQ Manufacturing Inc., PISCES by OPW Inc., PSD Codax Holdings Limited, PSD Codax Limited, PSG (Shanghai) Co. Ltd., PSG (Tianjin) Co. Ltd., PSG California LLC, PSG Germany GmbH, Petro Vend Sp. z o.o., Pike Machine Products Inc., Pole/Zero Acquisition Inc., Precision Brasil Equipamentos E Servicos Para Postos De Combustiveis Ltda., Precision Service - Servicos De Manutencao E Instalacao De Postos De Abastecimento De Combustivel Ltda., Production Control Services, Pump Management Services Co. LLC, Quantex Arc Limited, Quantex Patents Limited, RAV France, Ravaglioli S.P.A., Reduction Engineering GmbH, RegO (Shanghai) Trading Co. Ltd., RegO Holding GmbH, RegO Products, RegO Valve (Shanghai) Company Ltd., Rego GmbH, Revod Corporation, Revod Luxembourg S.a.r.l., Revod Sweden AB, Robohand Inc., Rosario, Rosario Handel B.V., Rotary Lift Consolidated (Haimen) Co. Ltd., SE Liquidation LLC, SWEP France, SWEP Germany GmbH, SWEP Malaysia Sdn. Bhd., SWEP North America Inc., SWEP Slovakia s.r.o., SWEP Technology (Suzhou) Co. Ltd., Seabiscuit Motorsports Inc., Shanghai RegO Flow Technology Company Ltd., Shine Bloom - ECI A Blocker Corp., Shine Bloom - ECI Blocker Corp., Shine Bloom - ECI S Blocker Corp., Simmons Sirvey Corporation, So. Cal. Soft-Pak, So. Cal. Soft-Pak Incorporated, Soft-Pak, Solaris Laser, Solaris Laser S.A., Somero Enterprises, Sound Solutions, Sound Solutions, Space S.R.L., Spirit, Start Italiana S.R.L., Superior Holding LLC, Superior Products LLC, Swep Energy Oy, Swep International A.B., Swep Japan K.K., Sys-Tech Solutions, Sys-Tech Solutions Inc., Systech, TQC Quantium Quality S.A. de C.V., TTSI III Inc., TWG Canada Consolidated Inc., TXHI LLC, Tartan Textile Services Inc., The Espy Corporation, The Heil Co., Tokheim, Tokheim Belgium, Tokheim China Company Limited, Tokheim GmbH, Tokheim Group, Tokheim Hengshan Technologies (Guangzhou) Co. Ltd., Tokheim Holding B.V., Tokheim India Private Limited, Tokheim Sofitam Applications, Triton Systems, Tulsa Winch Inc., UPCO Inc., US Synthetic, Unattended Payment Solutions LLC, Unified Brands, Val TemperBent Glass L.P., Vectron Frequency Devices (Shanghai) Co. Ltd, Vehicle Service Group LLC, Vehicle Service Group UK Limited, Vos Food Store Equipment Ltd., WSCR Corp., Warn Automotive LLC, Warn Industries, Waukesha Bearings, Waukesha Bearings Corporation, Waukesha Bearings Limited, Waukesha Bearings Russia LLC, Wayne Fueling Systems, Wayne Fueling Systems (Rus) Limited Liability Company, Wayne Fueling Systems Australia Pty Ltd, Wayne Fueling Systems Canada ULC, Wayne Fueling Systems Italia S.R.L., Wayne Fueling Systems LLC, Wayne Fueling Systems Ltd., Wayne Fueling Systems Sweden AB, Wayne Fueling Systems UK Holdco Ltd., Wayne Industria e Comercio Ltda., WellMark, WellMark, and em-tec GmbH.
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This page (NYSE:DOV) was last updated on 5/23/2024 by MarketBeat.com Staff

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