Zacks Research Weighs in on Dover Co.’s Q1 2025 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Research analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of Dover in a research note issued on Tuesday, September 17th. Zacks Research analyst S. Deb now forecasts that the industrial products company will post earnings of $2.11 per share for the quarter, up from their previous estimate of $2.10. The consensus estimate for Dover’s current full-year earnings is $9.17 per share. Zacks Research also issued estimates for Dover’s Q2 2025 earnings at $2.37 EPS, Q3 2025 earnings at $2.59 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $9.75 EPS and FY2026 earnings at $10.13 EPS.

Several other research analysts have also recently commented on DOV. Royal Bank of Canada boosted their price target on Dover from $192.00 to $193.00 and gave the stock a “sector perform” rating in a research note on Friday, July 26th. Mizuho lifted their price objective on Dover from $185.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $208.00 target price on shares of Dover in a research note on Monday, July 22nd. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $192.63.

Dover Stock Performance

Shares of DOV stock opened at $186.01 on Thursday. The company’s fifty day moving average price is $181.40 and its two-hundred day moving average price is $179.15. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.53 and a quick ratio of 0.95. The firm has a market capitalization of $25.56 billion, a P/E ratio of 17.87, a P/E/G ratio of 2.17 and a beta of 1.22. Dover has a 12 month low of $127.25 and a 12 month high of $192.31.

Dover (NYSE:DOV) last posted its earnings results on Thursday, July 25th. The industrial products company reported $2.36 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.15. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Dover had a net margin of 17.58% and a return on equity of 24.94%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $2.05 earnings per share.

Institutional Investors Weigh In On Dover

Large investors have recently made changes to their positions in the company. LRI Investments LLC bought a new position in Dover in the 1st quarter worth approximately $27,000. McClarren Financial Advisors Inc. grew its stake in shares of Dover by 4,400.0% in the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 176 shares in the last quarter. Fairscale Capital LLC acquired a new position in shares of Dover during the second quarter valued at $34,000. Transcendent Capital Group LLC raised its stake in shares of Dover by 208.0% during the first quarter. Transcendent Capital Group LLC now owns 231 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 156 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Dover in the second quarter worth about $41,000. Institutional investors and hedge funds own 84.46% of the company’s stock.

Insider Activity

In related news, SVP Ivonne M. Cabrera sold 1,220 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $185.00, for a total transaction of $225,700.00. Following the completion of the transaction, the senior vice president now owns 47,060 shares in the company, valued at approximately $8,706,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Dover news, SVP Ivonne M. Cabrera sold 1,220 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $185.00, for a total value of $225,700.00. Following the sale, the senior vice president now directly owns 47,060 shares in the company, valued at $8,706,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brad M. Cerepak sold 4,341 shares of the business’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $184.59, for a total transaction of $801,305.19. Following the transaction, the chief financial officer now directly owns 12,324 shares of the company’s stock, valued at approximately $2,274,887.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,383 shares of company stock valued at $8,169,883. 1.30% of the stock is currently owned by insiders.

Dover Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were paid a $0.515 dividend. This is an increase from Dover’s previous quarterly dividend of $0.51. This represents a $2.06 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Friday, August 30th. Dover’s payout ratio is presently 19.79%.

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.