FY2025 Earnings Forecast for Dover Issued By Seaport Res Ptn

Dover Co. (NYSE:DOV) – Stock analysts at Seaport Res Ptn increased their FY2025 earnings per share estimates for Dover in a research note issued to investors on Monday, February 3rd. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will post earnings per share of $9.46 for the year, up from their previous forecast of $9.41. The consensus estimate for Dover’s current full-year earnings is $9.42 per share. Seaport Res Ptn also issued estimates for Dover’s Q4 2025 earnings at $2.51 EPS.

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

Dover Trading Down 0.2 %

DOV stock opened at $204.41 on Thursday. Dover has a 52 week low of $158.19 and a 52 week high of $222.31. The company has a market cap of $28.04 billion, a price-to-earnings ratio of 10.51, a PEG ratio of 2.07 and a beta of 1.24. The company has a quick ratio of 1.52, a current ratio of 2.04 and a debt-to-equity ratio of 0.36. The business has a fifty day simple moving average of $195.37 and a 200-day simple moving average of $190.79.

Dover (NYSE:DOV) last posted its quarterly earnings data on Thursday, January 30th. The industrial products company reported $2.20 EPS for the quarter, meeting analysts’ consensus estimates of $2.20. Dover had a net margin of 32.95% and a return on equity of 21.03%.

Hedge Funds Weigh In On Dover

Institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in Dover in the fourth quarter valued at $30,741,000. Proficio Capital Partners LLC bought a new position in shares of Dover during the fourth quarter worth about $28,718,000. FMR LLC grew its stake in Dover by 5.1% in the third 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 in the last quarter. National Bank of Canada FI raised 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 valued at $36,647,000 after buying an additional 144,930 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Dover by 26.6% during the 3rd quarter. Barclays PLC now owns 360,291 shares of the industrial products company’s stock worth $69,082,000 after buying an additional 75,670 shares during the last quarter. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

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.