Seaport Res Ptn Has Negative Estimate for Dover Q1 Earnings

Dover Co. (NYSE:DOV) – Equities researchers at Seaport Res Ptn lowered their Q1 2025 earnings per share estimates for shares of Dover in a research report issued on Monday, February 3rd. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings of $2.04 per share for the quarter, down from their prior estimate of $2.12. The consensus estimate for Dover’s current full-year earnings is $9.42 per share. Seaport Res Ptn also issued estimates for Dover’s Q2 2025 earnings at $2.39 EPS, Q3 2025 earnings at $2.52 EPS, Q1 2026 earnings at $2.24 EPS, Q2 2026 earnings at $2.57 EPS, Q3 2026 earnings at $2.72 EPS, Q4 2026 earnings at $2.72 EPS and FY2026 earnings at $10.24 EPS.

Dover (NYSE:DOV) last posted its quarterly 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%.

A number of other equities analysts have also 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 note on Monday, October 28th. Citigroup dropped their price target on Dover from $236.00 to $222.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Royal Bank of Canada lifted their price objective on shares of Dover from $196.00 to $214.00 and gave the company a “sector perform” rating in a research report on Friday, January 31st. The Goldman Sachs Group upped their target price on shares of Dover from $202.00 to $223.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Mizuho lifted their price target on shares of Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $218.91.

Dover Trading Up 1.0 %

Shares of DOV stock opened at $204.93 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.52 and a current ratio of 2.04. The stock has a fifty day simple moving average of $195.41 and a two-hundred day simple moving average of $190.69. The firm has a market capitalization of $28.11 billion, a PE ratio of 10.54, a PEG ratio of 2.07 and a beta of 1.24. Dover has a 52-week low of $158.19 and a 52-week high of $222.31.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Proficio Capital Partners LLC bought a new stake in shares of Dover in the 4th quarter valued at approximately $28,718,000. FMR LLC raised its holdings in Dover by 5.1% during the 3rd quarter. FMR LLC now owns 3,085,826 shares of the industrial products company’s stock valued at $591,676,000 after buying an additional 149,378 shares during the period. National Bank of Canada FI boosted its stake in 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 buying an additional 144,930 shares during the period. Barclays PLC increased its position in Dover by 26.6% during the third quarter. Barclays PLC now owns 360,291 shares of the industrial products company’s stock valued at $69,082,000 after acquiring an additional 75,670 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Dover in the third quarter valued at $14,459,000. 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.