Equities Analysts Set Expectations for Dover Q1 Earnings

Dover Co. (NYSE:DOV - Free Report) - Research analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for Dover in a report released on Thursday, February 13th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $1.99 per share for the quarter, up from their previous estimate of $1.93. The consensus estimate for Dover's current full-year earnings is $9.47 per share. Zacks Research also issued estimates for Dover's Q3 2025 earnings at $2.49 EPS, FY2025 earnings at $9.35 EPS, Q1 2026 earnings at $2.32 EPS, Q3 2026 earnings at $2.62 EPS, Q4 2026 earnings at $2.59 EPS, FY2026 earnings at $10.07 EPS and FY2027 earnings at $10.83 EPS.

DOV has been the topic of several other research reports. UBS Group dropped their price objective on Dover from $217.00 to $211.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. 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. StockNews.com raised Dover from a "hold" rating to a "buy" rating in a research report on Tuesday, February 4th. Citigroup cut their target price on Dover from $236.00 to $222.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Finally, Wolfe Research upgraded Dover from a "peer perform" rating to an "outperform" rating and set a $227.00 target price for the company in a research note on Monday, October 28th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Dover presently has a consensus rating of "Moderate Buy" and a consensus price target of $218.91.

Dover Stock Performance

NYSE:DOV traded up $2.88 on Friday, hitting $205.21. The company's stock had a trading volume of 825,793 shares, compared to its average volume of 840,290. The company has a current ratio of 2.04, a quick ratio of 1.52 and a debt-to-equity ratio of 0.36. The stock has a fifty day moving average of $195.35 and a two-hundred day moving average of $192.09. The firm has a market capitalization of $28.15 billion, a P/E ratio of 10.55, a price-to-earnings-growth ratio of 2.03 and a beta of 1.24. Dover has a one year low of $159.48 and a one year high of $222.31.

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

Institutional Trading of Dover

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

Dover Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.515 per share. The ex-dividend date is Friday, February 28th. This represents a $2.06 dividend on an annualized basis and a yield of 1.00%. Dover's payout ratio is currently 10.59%.

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.