Zacks Research Brokers Increase Earnings Estimates for Dover

Dover Co. (NYSE:DOV) – Analysts at Zacks Research upped their Q1 2025 earnings estimates for Dover in a research report issued on Thursday, February 13th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings of $1.99 per share for the quarter, up from their prior estimate of $1.93. The consensus estimate for Dover’s current full-year earnings is $9.47 per share. Zacks Research also issued estimates for Dover’s Q3 2025 earnings at $2.49 EPS, FY2025 earnings at $9.35 EPS, Q1 2026 earnings at $2.32 EPS, Q3 2026 earnings at $2.62 EPS, Q4 2026 earnings at $2.59 EPS, FY2026 earnings at $10.07 EPS and FY2027 earnings at $10.83 EPS.

A number of other equities analysts also recently commented on the company. Wolfe Research upgraded Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 target price for the company in a research note on Monday, October 28th. Wells Fargo & Company increased their target price on Dover from $200.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. StockNews.com upgraded Dover from a “hold” rating to a “buy” rating in a research note on Tuesday, February 4th. Mizuho upped their price target on shares of Dover from $200.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Finally, Citigroup cut their price objective on shares of Dover from $236.00 to $222.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Dover presently has an average rating of “Moderate Buy” and a consensus target price of $218.91.

Dover Stock Performance

Dover stock opened at $202.76 on Friday. The company has a fifty day moving average price of $195.23 and a two-hundred day moving average price of $191.50. 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 12 month low of $159.23 and a 12 month high of $222.31. The company has a market cap of $27.82 billion, a PE ratio of 10.42, a P/E/G ratio of 2.03 and a beta of 1.24.

Dover (NYSE:DOV) last posted its quarterly 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%.

Dover Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.515 dividend. This represents a $2.06 annualized dividend and a yield of 1.02%. Dover’s dividend payout ratio (DPR) is presently 10.59%.

Hedge Funds Weigh In On Dover

A number of hedge funds have recently modified their holdings of DOV. Ecofi Investissements SA lifted its holdings in shares of Dover by 1.1% during the 4th quarter. Ecofi Investissements SA now owns 4,400 shares of the industrial products company’s stock valued at $765,000 after buying an additional 50 shares during the last quarter. Spire Wealth Management raised its position in Dover by 2.1% during the fourth quarter. Spire Wealth Management now owns 2,475 shares of the industrial products company’s stock valued at $464,000 after acquiring an additional 52 shares in the last quarter. Independent Advisor Alliance lifted its stake in Dover by 0.3% in the third quarter. Independent Advisor Alliance now owns 18,036 shares of the industrial products company’s stock valued at $3,458,000 after acquiring an additional 58 shares during the last quarter. ORG Partners LLC grew its position in Dover by 5.4% in the fourth quarter. ORG Partners LLC now owns 1,140 shares of the industrial products company’s stock worth $214,000 after acquiring an additional 58 shares in the last quarter. Finally, Trust Point Inc. raised its holdings in shares of Dover by 3.1% during the 4th quarter. Trust Point Inc. now owns 1,957 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 59 shares in the last quarter. 84.46% of the stock is owned by institutional investors and hedge funds.

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.