Zacks Research Forecasts Dover’s Q1 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Equities research analysts at Zacks Research issued their Q1 2025 EPS estimates for Dover in a research report issued on Tuesday, October 22nd. Zacks Research analyst S. Deb expects that the industrial products company will earn $2.06 per share for the quarter. The consensus estimate for Dover’s current full-year earnings is $9.18 per share. Zacks Research also issued estimates for Dover’s Q2 2025 earnings at $2.24 EPS, Q3 2025 earnings at $2.50 EPS, Q4 2025 earnings at $2.57 EPS, FY2025 earnings at $9.38 EPS, Q1 2026 earnings at $2.23 EPS, Q2 2026 earnings at $2.30 EPS, Q3 2026 earnings at $2.51 EPS and FY2026 earnings at $9.66 EPS.

A number of other brokerages have also issued reports on DOV. Barclays upped their target price on shares of Dover from $186.00 to $190.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. Robert W. Baird restated an “outperform” rating and issued a $208.00 price objective on shares of Dover in a report on Monday, July 22nd. Wells Fargo & Company increased their price objective on shares of Dover from $190.00 to $197.00 and gave the company an “equal weight” rating in a report on Monday, September 30th. Mizuho increased their price objective on shares of Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Finally, Oppenheimer restated an “outperform” rating and issued a $215.00 price objective (up from $210.00) on shares of Dover in a report on Wednesday, October 16th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $205.00.

Dover Price Performance

Shares of DOV stock opened at $186.93 on Thursday. Dover has a 1 year low of $127.25 and a 1 year high of $195.68. The firm’s 50 day moving average is $186.80 and its 200-day moving average is $182.19. The firm has a market capitalization of $25.69 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 2.20 and a beta of 1.22. The company has a current ratio of 1.53, a quick ratio of 0.95 and a debt-to-equity ratio of 0.55.

Dover (NYSE:DOV) last announced its earnings results on Thursday, October 24th. The industrial products company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.11. Dover had a net margin of 17.58% and a return on equity of 24.94%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $2 billion.

Dover Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were issued a $0.515 dividend. The ex-dividend date was Friday, August 30th. This is a positive change from Dover’s previous quarterly dividend of $0.51. This represents a $2.06 annualized dividend and a yield of 1.10%. Dover’s dividend payout ratio (DPR) is 19.79%.

Insiders Place Their Bets

In other Dover news, CFO Brad M. Cerepak sold 14,818 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $175.00, for a total value of $2,593,150.00. Following the sale, the chief financial officer now directly owns 12,324 shares in the company, valued at approximately $2,156,700. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Richard J. Tobin sold 25,004 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $181.96, for a total transaction of $4,549,727.84. Following the completion of the sale, the chief executive officer now owns 182,928 shares of the company’s stock, valued at $33,285,578.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brad M. Cerepak sold 14,818 shares of the stock in a transaction on Friday, September 6th. The stock was sold at an average price of $175.00, for a total transaction of $2,593,150.00. Following the sale, the chief financial officer now directly owns 12,324 shares of the company’s stock, valued at $2,156,700. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 45,383 shares of company stock worth $8,169,883. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Dover

Several large investors have recently made changes to their positions in the stock. New York State Teachers Retirement System increased its position in shares of Dover by 5.4% during the third quarter. New York State Teachers Retirement System now owns 144,752 shares of the industrial products company’s stock worth $27,755,000 after acquiring an additional 7,478 shares in the last quarter. Valmark Advisers Inc. increased its position in shares of Dover by 5.0% during the third quarter. Valmark Advisers Inc. now owns 4,161 shares of the industrial products company’s stock worth $798,000 after acquiring an additional 199 shares in the last quarter. Strategic Blueprint LLC bought a new stake in shares of Dover during the third quarter worth $204,000. Pallas Capital Advisors LLC increased its position in shares of Dover by 1.6% during the third quarter. Pallas Capital Advisors LLC now owns 50,417 shares of the industrial products company’s stock worth $9,316,000 after acquiring an additional 787 shares in the last quarter. Finally, Custom Index Systems LLC increased its position in shares of Dover by 91.0% during the third quarter. Custom Index Systems LLC now owns 7,791 shares of the industrial products company’s stock worth $1,494,000 after acquiring an additional 3,713 shares in the last quarter. Institutional investors own 84.46% of the company’s stock.

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.