Zacks Research Has Bullish Forecast for Dover Q2 Earnings

Dover Co. (NYSE:DOV) – Equities researchers at Zacks Research raised their Q2 2025 EPS estimates for shares of Dover in a research report issued on Thursday, December 26th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $2.37 for the quarter, up from their prior forecast of $2.36. The consensus estimate for Dover’s current full-year earnings is $8.17 per share. Zacks Research also issued estimates for Dover’s Q4 2025 earnings at $2.49 EPS, FY2025 earnings at $9.19 EPS, Q1 2026 earnings at $2.23 EPS and FY2026 earnings at $9.74 EPS.

Other analysts also recently issued reports about the company. UBS Group began coverage on Dover in a report on Wednesday, November 13th. They issued a “neutral” rating and a $217.00 price objective for the company. Wells Fargo & Company upped their price target on shares of Dover from $190.00 to $197.00 and gave the company an “equal weight” rating in a research note on Monday, September 30th. StockNews.com raised shares of Dover from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. Wolfe Research upgraded Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price target for the company in a research report on Monday, October 28th. Finally, The Goldman Sachs Group increased their price target on Dover from $202.00 to $223.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $213.91.

Dover Stock Performance

Dover stock opened at $186.32 on Monday. The firm has a market capitalization of $25.56 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 2.70 and a beta of 1.22. Dover has a 1-year low of $143.96 and a 1-year high of $208.26. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.57 and a quick ratio of 1.06. The company’s 50-day moving average is $197.46 and its 200 day moving average is $188.26.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. State Street Corp grew its holdings in Dover by 0.9% during the 3rd quarter. State Street Corp now owns 6,214,308 shares of the industrial products company’s stock worth $1,191,531,000 after acquiring an additional 56,149 shares during the period. Geode Capital Management LLC boosted its position in shares of Dover by 0.8% during the third quarter. Geode Capital Management LLC now owns 3,228,716 shares of the industrial products company’s stock worth $616,945,000 after buying an additional 25,993 shares during the period. FMR LLC grew its stake in shares of Dover by 5.1% during the 3rd quarter. FMR LLC now owns 3,085,826 shares of the industrial products company’s stock worth $591,676,000 after acquiring an additional 149,378 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Dover by 4.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,505,749 shares of the industrial products company’s stock worth $271,702,000 after buying an additional 60,912 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Dover by 1.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 984,743 shares of the industrial products company’s stock valued at $188,815,000 after purchasing an additional 17,193 shares during the last quarter. Institutional investors and hedge funds own 84.46% of the company’s stock.

Dover Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend was Friday, November 29th. Dover’s dividend payout ratio (DPR) is presently 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.