Zacks Research Has Optimistic Outlook of Dover Q1 Earnings

Dover Co. (NYSE:DOV) – Research analysts at Zacks Research boosted their Q1 2025 EPS estimates for Dover in a note issued to investors on Tuesday, January 28th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings per share of $1.93 for the quarter, up from their previous forecast of $1.92. The consensus estimate for Dover’s current full-year earnings is $8.17 per share. Zacks Research also issued estimates for Dover’s Q3 2025 earnings at $2.43 EPS, FY2025 earnings at $9.20 EPS, Q1 2026 earnings at $2.26 EPS and FY2026 earnings at $9.75 EPS.

Other analysts have also issued research reports about the company. Mizuho upped their price objective on Dover from $200.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. The Goldman Sachs Group raised their price objective on shares of Dover from $202.00 to $223.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Oppenheimer reaffirmed an “outperform” rating and issued a $225.00 price target (up from $220.00) on shares of Dover in a report on Friday. JPMorgan Chase & Co. lifted their target price on Dover from $208.00 to $230.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Barclays upped their price target on shares of Dover from $205.00 to $213.00 and gave the company an “equal weight” rating in a research report on Friday. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $218.91.

Dover Stock Down 1.0 %

Shares of NYSE:DOV opened at $203.42 on Thursday. The business has a 50-day moving average price of $195.57 and a 200 day moving average price of $190.34. Dover has a 12-month low of $148.45 and a 12-month high of $214.57. The company has a current ratio of 1.57, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $27.91 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 2.03 and a beta of 1.23.

Dover (NYSE:DOV) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.20. Dover had a net margin of 18.63% and a return on equity of 23.61%.

Hedge Funds Weigh In On Dover

Several institutional investors have recently modified their holdings of the company. Financial Life Planners bought a new position in Dover in the 4th quarter valued at about $28,000. Ashton Thomas Securities LLC purchased a new position in Dover in the 3rd quarter worth about $33,000. R Squared Ltd acquired a new stake in shares of Dover during the fourth quarter valued at approximately $34,000. Kieckhefer Group LLC acquired a new position in Dover in the 4th quarter worth approximately $38,000. Finally, Golden State Wealth Management LLC purchased a new position in Dover during the 4th quarter worth approximately $46,000. Institutional investors own 84.46% of the company’s stock.

Dover Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a $0.515 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.06 dividend on an annualized basis and a yield of 1.01%. Dover’s dividend payout ratio is currently 18.43%.

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.