Zacks Research Brokers Boost Earnings Estimates for Dover

Dover Corporation (NYSE:DOV) – Stock analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of Dover in a research report issued to clients and investors on Friday, June 26th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.84 per share for the quarter, up from their previous forecast of $2.83. The consensus estimate for Dover’s current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Dover’s Q4 2026 earnings at $2.72 EPS.

A number of other equities analysts have also commented on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $252.00 price target on shares of Dover in a research report on Friday, April 24th. Wells Fargo & Company upgraded shares of Dover from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $210.00 to $230.00 in a research report on Tuesday, March 17th. Weiss Ratings raised shares of Dover from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 17th. Robert W. Baird lifted their price target on shares of Dover from $255.00 to $279.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Morgan Stanley boosted their price target on Dover from $210.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, June 4th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Dover currently has a consensus rating of “Moderate Buy” and a consensus price target of $239.85.

Dover Trading Up 0.1%

Shares of Dover stock opened at $226.08 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.32 and a current ratio of 1.87. The firm has a 50-day moving average of $218.34 and a 200-day moving average of $213.30. Dover has a 52-week low of $158.97 and a 52-week high of $237.54. The stock has a market cap of $30.44 billion, a PE ratio of 28.19, a PEG ratio of 1.72 and a beta of 1.17.

Dover (NYSE:DOV) last issued its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $2.28 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.01. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.19 billion. Dover had a return on equity of 18.01% and a net margin of 13.30%.The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.05 EPS. Dover has set its FY 2026 guidance at 10.450-10.650 EPS.

Hedge Funds Weigh In On Dover

Several hedge funds have recently bought and sold shares of DOV. Redwood Investment Management LLC acquired a new position in shares of Dover in the 1st quarter valued at approximately $1,050,000. Sapient Capital LLC bought a new stake in shares of Dover during the 1st quarter worth approximately $537,000. Western Wealth Management LLC acquired a new stake in shares of Dover during the 1st quarter worth approximately $166,000. Parallel Advisors LLC increased its stake in Dover by 5.7% in the first quarter. Parallel Advisors LLC now owns 2,979 shares of the industrial products company’s stock valued at $621,000 after acquiring an additional 161 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its stake in Dover by 23.4% during the first quarter. Glenmede Trust Co. NA now owns 17,306 shares of the industrial products company’s stock worth $3,607,000 after purchasing an additional 3,277 shares during the last quarter. 84.46% of the stock is owned by institutional investors.

Dover Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.08 annualized dividend and a yield of 0.9%. Dover’s dividend payout ratio is currently 25.94%.

Dover Company Profile

Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.

Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.