Zacks Research Comments on Dover’s Q1 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Dover in a research note issued on Tuesday, January 28th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $1.93 per share for the quarter, up from their prior estimate of $1.92. The consensus estimate for Dover’s current full-year earnings is $8.17 per share. Zacks Research also issued estimates for Dover’s Q3 2025 earnings at $2.43 EPS, FY2025 earnings at $9.20 EPS, Q1 2026 earnings at $2.26 EPS and FY2026 earnings at $9.75 EPS.

Dover (NYSE:DOV) last issued its quarterly earnings data 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 return on equity of 23.61% and a net margin of 18.63%.

Several other analysts have also recently weighed in on DOV. The Goldman Sachs Group increased their price target on shares of Dover from $202.00 to $223.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. StockNews.com lowered Dover from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Wolfe Research upgraded Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 target price on the stock in a research report on Monday, October 28th. Mizuho upped their price target on Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Finally, Citigroup cut their price objective on Dover from $236.00 to $222.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $212.55.

Dover Stock Up 4.0 %

Shares of DOV opened at $205.27 on Thursday. The stock has a 50 day moving average price of $195.60 and a 200 day moving average price of $190.22. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.06 and a current ratio of 1.57. The stock has a market capitalization of $28.16 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 2.04 and a beta of 1.23. Dover has a one year low of $148.45 and a one year high of $214.57.

Dover Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.515 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.06 dividend on an annualized basis and a yield of 1.00%. Dover’s dividend payout ratio (DPR) is presently 18.43%.

Institutional Investors Weigh In On Dover

Several large investors have recently modified their holdings of DOV. State Street Corp boosted its holdings in shares of Dover by 0.9% in the third quarter. State Street Corp now owns 6,214,308 shares of the industrial products company’s stock valued at $1,191,531,000 after acquiring an additional 56,149 shares in the last quarter. Geode Capital Management LLC grew its stake in Dover by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,228,716 shares of the industrial products company’s stock valued at $616,945,000 after acquiring an additional 25,993 shares during the last quarter. FMR LLC raised its position in shares of Dover by 5.1% during the 3rd quarter. FMR LLC now owns 3,085,826 shares of the industrial products company’s stock worth $591,676,000 after purchasing an additional 149,378 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Dover by 1.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 984,743 shares of the industrial products company’s stock worth $188,815,000 after acquiring an additional 17,193 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Dover by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 811,340 shares of the industrial products company’s stock worth $155,566,000 after purchasing an additional 9,464 shares during the last quarter. 84.46% of the stock is owned by institutional investors and hedge funds.

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.