Equities Analysts Issue Forecasts for Dover FY2025 Earnings

Dover Co. (NYSE:DOV) – Investment analysts at Seaport Res Ptn lifted their FY2025 earnings per share estimates for Dover in a research report issued on Monday, February 3rd. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will post earnings per share of $9.46 for the year, up from their prior estimate of $9.41. The consensus estimate for Dover’s current full-year earnings is $9.42 per share. Seaport Res Ptn also issued estimates for Dover’s Q4 2025 earnings at $2.51 EPS.

Other equities research analysts have also issued research reports about the stock. Mizuho increased their price objective on shares of Dover from $200.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Oppenheimer reissued an “outperform” rating and issued a $225.00 price target (up previously from $220.00) on shares of Dover in a report on Friday, January 31st. JPMorgan Chase & Co. increased their price objective on Dover from $208.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. The Goldman Sachs Group boosted their target price on Dover from $202.00 to $223.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Wolfe Research upgraded Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price objective for the company in a research report on Monday, October 28th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $218.91.

Dover Stock Performance

NYSE DOV opened at $204.93 on Thursday. The company’s fifty day moving average is $195.41 and its two-hundred day moving average is $190.69. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.04 and a quick ratio of 1.52. Dover has a 52-week low of $158.19 and a 52-week high of $222.31. The firm has a market capitalization of $28.11 billion, a price-to-earnings ratio of 10.54, a P/E/G ratio of 2.07 and a beta of 1.24.

Dover (NYSE:DOV) last announced its earnings results on Thursday, January 30th. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.20. Dover had a net margin of 32.95% and a return on equity of 21.03%.

Hedge Funds Weigh In On Dover

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Versor Investments LP bought a new position in Dover in the 3rd quarter valued at approximately $1,920,000. Brendel Financial Advisors LLC lifted its holdings in shares of Dover by 347.7% during the third quarter. Brendel Financial Advisors LLC now owns 22,772 shares of the industrial products company’s stock valued at $4,366,000 after purchasing an additional 17,685 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Dover by 195.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 91,031 shares of the industrial products company’s stock worth $17,077,000 after buying an additional 60,235 shares in the last quarter. Principal Financial Group Inc. raised its position in Dover by 3.1% in the 3rd quarter. Principal Financial Group Inc. now owns 177,844 shares of the industrial products company’s stock worth $34,100,000 after buying an additional 5,372 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in Dover by 54.3% during the 3rd quarter. Empowered Funds LLC now owns 13,158 shares of the industrial products company’s stock valued at $2,523,000 after acquiring an additional 4,629 shares during the period. 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.