Analysts Issue Forecasts for Dover’s Q2 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Equities researchers at Zacks Research boosted their Q2 2025 earnings estimates for shares of Dover in a note issued to investors 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 previous estimate 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.

Several other brokerages also recently weighed in on DOV. Oppenheimer reiterated an “outperform” rating and issued a $215.00 target price (up from $210.00) on shares of Dover in a research note on Wednesday, October 16th. Mizuho lifted their price target on shares of Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. StockNews.com raised shares of Dover from a “hold” rating to a “buy” rating in a research note on Thursday, December 19th. The Goldman Sachs Group upped their price objective on Dover from $202.00 to $223.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Dover from $210.00 to $212.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $213.91.

Dover Stock Performance

NYSE DOV opened at $188.33 on Monday. The business’s 50-day moving average price is $197.46 and its 200 day moving average price is $188.22. The company has a quick ratio of 1.06, a current ratio of 1.57 and a debt-to-equity ratio of 0.53. The firm has a market cap of $25.84 billion, a P/E ratio of 16.85, a P/E/G ratio of 2.70 and a beta of 1.22. Dover has a 52-week low of $143.96 and a 52-week high of $208.26.

Hedge Funds Weigh In On Dover

Hedge funds and other institutional investors have recently made changes to their positions in the business. American Century Companies Inc. boosted its position in shares of Dover by 162.2% in the second quarter. American Century Companies Inc. now owns 688,249 shares of the industrial products company’s stock worth $124,195,000 after buying an additional 425,768 shares during the period. Interval Partners LP boosted its holdings in Dover by 110.0% in the 2nd quarter. Interval Partners LP now owns 583,075 shares of the industrial products company’s stock worth $105,216,000 after acquiring an additional 305,436 shares during the period. FMR LLC grew its position in Dover by 5.1% in the third quarter. FMR LLC now owns 3,085,826 shares of the industrial products company’s stock valued at $591,676,000 after acquiring an additional 149,378 shares in the last quarter. National Bank of Canada FI lifted its position in shares of Dover by 313.7% during the third quarter. National Bank of Canada FI now owns 191,127 shares of the industrial products company’s stock worth $36,647,000 after purchasing an additional 144,930 shares in the last quarter. Finally, Kimelman & Baird LLC purchased a new position in shares of Dover in the second quarter valued at $17,323,000. Institutional investors and hedge funds own 84.46% of the company’s stock.

Dover Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Friday, November 29th. Dover’s payout ratio is currently 18.43%.

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.