Equities Analysts Set Expectations for Dover Q1 Earnings

Dover Co. (NYSE:DOV) – Research analysts at Zacks Research boosted their Q1 2025 EPS estimates for Dover in a research note issued to investors on Thursday, February 13th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $1.99 per share for the quarter, up from their prior 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.

Several other research firms have also recently weighed in on DOV. Wolfe Research raised Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price objective for the company in a research report on Monday, October 28th. UBS Group decreased their price target on shares of Dover from $217.00 to $211.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Royal Bank of Canada increased their target price on shares of Dover from $196.00 to $214.00 and gave the company a “sector perform” rating in a research note on Friday, January 31st. Mizuho upped their target price on Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Dover from $208.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Dover presently has an average rating of “Moderate Buy” and a consensus target price of $218.91.

Dover Price Performance

Shares of NYSE:DOV opened at $202.76 on Friday. The company has a quick ratio of 1.52, a current ratio of 2.04 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $195.23 and a 200 day moving average price of $191.50. The company has a market cap of $27.82 billion, a price-to-earnings ratio of 10.42, a PEG ratio of 2.03 and a beta of 1.24. Dover has a twelve month low of $159.23 and a twelve month high of $222.31.

Dover (NYSE:DOV) last released its earnings results on Thursday, January 30th. The industrial products company reported $2.20 earnings per share 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%.

Dover Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.515 dividend. This represents a $2.06 annualized dividend and a yield of 1.02%. Dover’s payout ratio is presently 10.59%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DOV. CWM LLC lifted its stake in Dover by 5.3% in the third quarter. CWM LLC now owns 2,639 shares of the industrial products company’s stock valued at $506,000 after acquiring an additional 132 shares during the last quarter. Exchange Traded Concepts LLC increased its position in Dover by 488.6% during the third quarter. Exchange Traded Concepts LLC now owns 1,295 shares of the industrial products company’s stock worth $248,000 after buying an additional 1,075 shares during the last quarter. NBC Securities Inc. raised its stake in Dover by 2.9% in the third quarter. NBC Securities Inc. now owns 5,204 shares of the industrial products company’s stock valued at $997,000 after buying an additional 149 shares during the period. Swedbank AB lifted its position in shares of Dover by 76.6% in the third quarter. Swedbank AB now owns 15,053 shares of the industrial products company’s stock valued at $2,886,000 after buying an additional 6,529 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its stake in shares of Dover by 2.8% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 6,224 shares of the industrial products company’s stock worth $1,193,000 after acquiring an additional 168 shares during the period. Institutional investors own 84.46% of the company’s stock.

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.