Analysts Set Expectations for Dover's Q3 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV - Free Report) - Equities research analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of Dover in a report issued on Wednesday, April 2nd. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $2.65 for the quarter, up from their prior forecast of $2.63. The consensus estimate for Dover's current full-year earnings is $9.45 per share. Zacks Research also issued estimates for Dover's Q4 2026 earnings at $2.61 EPS, FY2026 earnings at $10.12 EPS and FY2027 earnings at $10.90 EPS.

DOV has been the topic of several other reports. JPMorgan Chase & Co. increased their price objective on shares of Dover from $208.00 to $230.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Oppenheimer restated an "outperform" rating and set a $225.00 price objective (up from $220.00) on shares of Dover in a report on Friday, January 31st. Wells Fargo & Company lifted their target price on Dover from $200.00 to $215.00 and gave the company an "equal weight" rating in a report on Friday, January 31st. Royal Bank of Canada boosted their price target on Dover from $196.00 to $214.00 and gave the company a "sector perform" rating in a research report on Friday, January 31st. Finally, The Goldman Sachs Group raised their price objective on Dover from $202.00 to $223.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $218.18.

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Dover Trading Down 5.6 %

Dover stock traded down $9.04 during trading on Friday, hitting $153.69. The company's stock had a trading volume of 1,607,557 shares, compared to its average volume of 929,704. The stock's fifty day moving average is $190.78 and its 200 day moving average is $193.12. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.52 and a current ratio of 2.04. Dover has a 1-year low of $150.60 and a 1-year high of $222.31. The stock has a market capitalization of $21.06 billion, a price-to-earnings ratio of 7.90, a P/E/G ratio of 2.06 and a beta of 1.24.

Dover (NYSE:DOV - Get Free Report) last announced its earnings results on Thursday, January 30th. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.20. Dover had a net margin of 32.95% and a return on equity of 21.03%.

Institutional Trading of Dover

Large investors have recently modified their holdings of the business. Norges Bank purchased a new position in Dover in the fourth quarter valued at about $316,228,000. Balyasny Asset Management L.P. purchased a new position in shares of Dover during the 4th quarter valued at approximately $99,017,000. Adage Capital Partners GP L.L.C. grew its position in shares of Dover by 31.6% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 2,182,995 shares of the industrial products company's stock worth $409,530,000 after buying an additional 524,092 shares in the last quarter. Woodline Partners LP increased its stake in shares of Dover by 352.9% in the fourth quarter. Woodline Partners LP now owns 385,180 shares of the industrial products company's stock worth $72,260,000 after buying an additional 300,124 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in Dover by 16.6% during the 4th quarter. Northern Trust Corp now owns 1,726,523 shares of the industrial products company's stock worth $323,896,000 after acquiring an additional 245,535 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Dover Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.515 dividend. The ex-dividend date was Friday, February 28th. This represents a $2.06 dividend on an annualized basis and a yield of 1.34%. Dover's dividend payout ratio is currently 10.59%.

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.