Dover (NYSE:DOV) Issues FY 2026 Earnings Guidance

Dover (NYSE:DOV) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 10.600-10.750 for the period, compared to the consensus EPS estimate of 10.650. The company issued revenue guidance of $8.7 billion, compared to the consensus revenue estimate of $8.7 billion.

Dover Price Performance

NYSE:DOV opened at $199.47 on Friday. Dover has a 1-year low of $176.40 and a 1-year high of $237.54. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.98 and a quick ratio of 1.41. The company has a 50 day moving average price of $193.39 and a 200-day moving average price of $207.55. The firm has a market cap of $26.86 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 1.74 and a beta of 1.13.

Dover (NYSE:DOV) last announced its earnings results on Thursday, October 22nd. The industrial products company reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.03. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.22 billion. Dover had a return on equity of 18.75% and a net margin of 13.60%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.62 EPS. Equities research analysts forecast that Dover will post 10.71 EPS for the current year.

Dover Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were given a dividend of $0.5250 per share. The ex-dividend date was Monday, August 31st. This is a positive change from Dover’s previous quarterly dividend of $0.52. This represents a $2.10 dividend on an annualized basis and a yield of 1.1%. Dover’s dividend payout ratio (DPR) is 24.48%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Citigroup boosted their price objective on Dover from $266.00 to $268.00 and gave the stock a “buy” rating in a research note on Friday. BMO Capital Markets upgraded Dover from a “market perform” rating to an “outperform” rating and dropped their target price for the company from $255.00 to $240.00 in a report on Friday, July 24th. Wolfe Research reaffirmed an “outperform” rating and issued a $262.00 target price on shares of Dover in a research note on Thursday, July 9th. Royal Bank Of Canada lifted their price target on Dover from $216.00 to $219.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, Wells Fargo & Company lifted their price target on Dover from $229.00 to $233.00 and gave the stock an “overweight” rating in a report on Friday. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Dover has an average rating of “Moderate Buy” and a consensus target price of $238.60.

Dover News Summary

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Dover reported third-quarter adjusted earnings of $2.88 per share, above the $2.85 consensus estimate and up from $2.62 a year earlier. Revenue rose 7.5% year over year to $2.23 billion, narrowly exceeding expectations. Dover Reports Third Quarter 2026 Results
• Positive Sentiment: Broad-based demand, stronger bookings and margin improvement supported the quarter, signaling healthy operating momentum across Dover’s industrial businesses. Dover Q3 Earnings Beat on Broad Demand, Margins Improve
• Positive Sentiment: Management updated full-year 2026 guidance to EPS of $10.60-$10.75 and revenue of approximately $8.7 billion. The EPS midpoint is slightly above the consensus estimate, while the revenue outlook is consistent with expectations. Dover Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their forecasts following the earnings beat, and management’s comments pointed to strong growth potential and additional upside in 2027. Dover Analysts Raise Their Forecasts Following Strong Q3 Earnings

Dover Company Profile

Dover Corporation (NYSE: DOV) is a diversified manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including fluid handling, equipment manufacturing, clean energy, fueling, refrigeration, heating and cooling, printing, and vehicle service.

The company’s products include pumps, compressors, controls, dispensing and fueling equipment, refrigeration systems, heat-transfer technologies, industrial machinery, vehicle lifts and service equipment, and components used in engineered industrial applications.