Brokers Set Expectations for Dover’s Q2 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Research analysts at Zacks Research boosted their Q2 2025 earnings estimates for Dover in a research report issued to clients and investors on Thursday, December 12th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $2.36 per share for the quarter, up from their previous estimate of $2.35. The consensus estimate for Dover’s current full-year earnings is $8.17 per share. Zacks Research also issued estimates for Dover’s Q2 2026 earnings at $2.48 EPS and FY2026 earnings at $9.72 EPS.

Other research analysts have also issued research reports about the company. UBS Group initiated coverage on Dover in a research report on Wednesday, November 13th. They set a “neutral” rating and a $217.00 price target for the company. StockNews.com downgraded shares of Dover from a “buy” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company boosted their price target on shares of Dover from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Monday, September 30th. Wolfe Research upgraded shares of Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price objective on the stock in a research note on Monday, October 28th. Finally, Mizuho upped their target price on Dover from $200.00 to $220.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Dover currently has an average rating of “Moderate Buy” and a consensus target price of $213.91.

Dover Price Performance

Shares of NYSE:DOV opened at $201.13 on Friday. 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 firm’s 50 day moving average is $197.33 and its two-hundred day moving average is $187.40. The firm has a market capitalization of $27.59 billion, a P/E ratio of 17.99, a PEG ratio of 2.70 and a beta of 1.22. Dover has a 52 week low of $143.96 and a 52 week high of $208.26.

Institutional Trading of Dover

Several institutional investors have recently made changes to their positions in DOV. Blue Trust Inc. increased its stake in shares of Dover by 33.2% in the second quarter. Blue Trust Inc. now owns 2,044 shares of the industrial products company’s stock worth $362,000 after acquiring an additional 509 shares during the last quarter. MBL Wealth LLC bought a new position in shares of Dover during the 2nd quarter valued at $207,000. First Citizens Bank & Trust Co. boosted its holdings in Dover by 6.5% in the second quarter. First Citizens Bank & Trust Co. now owns 4,456 shares of the industrial products company’s stock worth $804,000 after purchasing an additional 270 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new position in Dover during the second quarter worth $256,000. Finally, Atria Wealth Solutions Inc. boosted its stake in shares of Dover by 36.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 9,009 shares of the industrial products company’s stock worth $1,626,000 after acquiring an additional 2,427 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Dover Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.515 per share. The ex-dividend date is Friday, November 29th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.02%. Dover’s dividend payout ratio is 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.