Zacks Research Issues Positive Forecast for Dover Earnings

Dover Corporation (NYSE:DOV) – Investment analysts at Zacks Research raised their Q4 2026 earnings estimates for Dover in a research report issued on Thursday, August 6th. Zacks Research analyst Team now expects that the industrial products company will earn $2.73 per share for the quarter, up from their prior forecast of $2.72. The consensus estimate for Dover’s current full-year earnings is $10.65 per share.

Dover (NYSE:DOV) last announced its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.72 by $0.02. The company had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.21 billion. Dover had a net margin of 13.48% and a return on equity of 18.32%. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.44 EPS. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.

A number of other research analysts also recently issued reports on the company. Wall Street Zen downgraded Dover from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada decreased their target price on Dover from $252.00 to $227.00 and set a “sector perform” rating for the company in a research report on Friday, July 24th. Barclays upped their target price on shares of Dover from $206.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Wolfe Research reiterated an “outperform” rating and issued a $262.00 price target on shares of Dover in a research note on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $229.00 price objective on shares of Dover in a research report on Friday, April 24th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $238.29.

Dover Stock Down 0.5%

Dover stock opened at $209.98 on Monday. The firm has a market cap of $28.28 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 1.61 and a beta of 1.16. The stock has a fifty day simple moving average of $214.62 and a two-hundred day simple moving average of $215.75. Dover has a 12 month low of $158.97 and a 12 month high of $237.54. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33.

Dover Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Dover’s previous quarterly dividend of $0.52. Dover’s payout ratio is currently 25.06%.

Hedge Funds Weigh In On Dover

Institutional investors and hedge funds have recently made changes to their positions in the business. AssuredPartners Investment Advisors LLC bought a new position in Dover in the second quarter worth approximately $239,000. Tocqueville Asset Management L.P. bought a new stake in shares of Dover during the 2nd quarter valued at $1,267,000. NewEdge Wealth LLC bought a new stake in shares of Dover during the 2nd quarter valued at $1,242,000. Patrick Mauro Investment Advisor INC. purchased a new stake in shares of Dover in the 2nd quarter worth $1,280,000. Finally, Sound Financial Strategies Group LLC bought a new position in Dover in the 2nd quarter worth $301,000. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Dover Company Profile

Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.

Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.