Zacks Research Weighs in on Dover’s Q3 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Research analysts at Zacks Research increased their Q3 2026 earnings per share estimates for shares of Dover in a report released on Wednesday, April 2nd. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $2.65 for the quarter, up from their prior forecast of $2.63. The consensus estimate for Dover’s current full-year earnings is $9.45 per share. Zacks Research also issued estimates for Dover’s Q4 2026 earnings at $2.61 EPS, FY2026 earnings at $10.12 EPS and FY2027 earnings at $10.90 EPS.

A number of other research firms have also recently weighed in on DOV. Royal Bank of Canada lifted their price objective on Dover from $196.00 to $214.00 and gave the company a “sector perform” rating in a research report on Friday, January 31st. Wells Fargo & Company lifted their target price on shares of Dover from $200.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. StockNews.com cut Dover from a “buy” rating to a “hold” rating in a report on Wednesday, March 26th. Oppenheimer restated an “outperform” rating and issued a $225.00 price target (up from $220.00) on shares of Dover in a research note on Friday, January 31st. Finally, 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 note on Friday, January 31st. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $218.18.

Dover Price Performance

NYSE DOV opened at $153.69 on Friday. The business’s fifty day moving average is $190.78 and its 200 day moving average is $193.03. Dover has a fifty-two week low of $150.60 and a fifty-two week high of $222.31. 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 company has a market capitalization of $21.06 billion, a PE ratio of 7.90, a price-to-earnings-growth ratio of 2.06 and a beta of 1.24.

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

Dover Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $0.515 per share. The ex-dividend date was Friday, February 28th. This represents a $2.06 annualized dividend and a yield of 1.34%. Dover’s payout ratio is presently 10.59%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Dover by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 16,235,456 shares of the industrial products company’s stock worth $3,045,772,000 after acquiring an additional 57,453 shares during the last quarter. State Street Corp lifted its stake in Dover by 0.9% in the third quarter. State Street Corp now owns 6,214,308 shares of the industrial products company’s stock worth $1,191,531,000 after purchasing an additional 56,149 shares during the last quarter. Geode Capital Management LLC lifted its stake in Dover by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 3,303,257 shares of the industrial products company’s stock worth $618,068,000 after purchasing an additional 74,541 shares during the last quarter. FMR LLC grew its stake in shares of Dover by 1.1% during the fourth quarter. FMR LLC now owns 3,118,391 shares of the industrial products company’s stock valued at $585,010,000 after buying an additional 32,565 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. raised its holdings in shares of Dover by 31.6% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 2,182,995 shares of the industrial products company’s stock worth $409,530,000 after buying an additional 524,092 shares during the period. 84.46% of the stock is owned by hedge funds and other institutional investors.

Dover Company Profile

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.