Zacks Research Issues Optimistic Estimate for Dover Earnings

Dover Corporation (NYSE:DOV) – Equities research analysts at Zacks Research lifted their FY2026 earnings estimates for Dover in a research note issued on Thursday, August 6th. Zacks Research analyst Team now expects that the industrial products company will earn $10.59 per share for the year, up from their previous estimate of $10.55. The consensus estimate for Dover’s current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Dover’s Q1 2027 earnings at $2.47 EPS, Q2 2027 earnings at $2.90 EPS, Q3 2027 earnings at $2.94 EPS, Q4 2027 earnings at $2.88 EPS, FY2027 earnings at $11.19 EPS, Q1 2028 earnings at $2.72 EPS, Q2 2028 earnings at $2.96 EPS and FY2028 earnings at $11.73 EPS.

DOV has been the subject of a number of other research reports. Robert W. Baird set a $270.00 price objective on Dover in a research report on Friday, July 24th. Seaport Research Partners raised their price target on Dover from $245.00 to $265.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Wolfe Research restated an “outperform” rating and issued a $262.00 price target on shares of Dover in a report on Thursday, July 9th. Weiss Ratings raised shares of Dover from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Finally, Oppenheimer increased their price objective on shares of Dover from $242.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $238.29.

Dover Trading Up 0.2%

Shares of Dover stock opened at $210.90 on Friday. Dover has a fifty-two week low of $158.97 and a fifty-two week high of $237.54. The business’s fifty day moving average is $214.59 and its two-hundred day moving average is $215.66. The company has a quick ratio of 1.41, a current ratio of 1.98 and a debt-to-equity ratio of 0.33. The firm has a market cap of $28.40 billion, a PE ratio of 25.41, a P/E/G ratio of 1.60 and a beta of 1.16.

Dover (NYSE:DOV) last announced its earnings results on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.72 by $0.02. The firm had revenue of $2.19 billion for 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%. Dover’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.44 earnings per share. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DOV. True North Advisors LLC raised its holdings in Dover by 2.9% during the 1st quarter. True North Advisors LLC now owns 1,610 shares of the industrial products company’s stock worth $336,000 after purchasing an additional 45 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Dover by 0.7% in the 4th quarter. Orion Porfolio Solutions LLC now owns 7,542 shares of the industrial products company’s stock valued at $1,472,000 after purchasing an additional 51 shares during the last quarter. KCM Investment Advisors LLC increased its position in shares of Dover by 3.5% during the fourth quarter. KCM Investment Advisors LLC now owns 1,585 shares of the industrial products company’s stock worth $309,000 after buying an additional 53 shares during the period. Tectonic Advisors LLC raised its stake in Dover by 1.7% during the fourth quarter. Tectonic Advisors LLC now owns 3,176 shares of the industrial products company’s stock worth $620,000 after buying an additional 54 shares during the last quarter. Finally, Kingsview Wealth Management LLC raised its stake in Dover by 2.3% during the fourth quarter. Kingsview Wealth Management LLC now owns 2,506 shares of the industrial products company’s stock worth $489,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 84.46% of the company’s stock.

Key Stories Impacting Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Zacks Research raised EPS estimates across multiple periods. Forecasts increased to $10.59 for FY2026 from $10.55, $11.19 for FY2027 from $11.12, and $11.73 for FY2028 from $11.63. Quarterly estimates were also lifted, including Q1 2027 to $2.47, Q2 2027 to $2.90, Q3 2027 to $2.94, Q4 2027 to $2.88, and Q1-Q2 2028 to $2.72 and $2.96, respectively. The broad-based revisions provide a favorable signal for future earnings momentum.
• Positive Sentiment: Manufacturing activity reached a four-year high. Dover was identified as one of five stocks positioned to benefit as manufacturing activity showed seven consecutive months of growth. Improving industrial demand could support orders and revenue across Dover’s end markets. 5 Stocks to Grab as Manufacturing Activity Hits Four-Year High
• Neutral Sentiment: Current-year expectations remain mixed. Zacks’ FY2026 forecast of $10.59 per share is below the $10.65 consensus estimate, despite being raised from its previous forecast. Dover’s latest reported quarter showed earnings above estimates but revenue slightly below expectations, leaving investors focused on whether stronger manufacturing conditions translate into sustained sales growth.

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.