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

Dover Co. (NYSE:DOV) – Stock analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for Dover in a research note issued on Wednesday, April 2nd. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $2.65 per share for the quarter, up from their previous 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 equities analysts also recently commented on the stock. The Goldman Sachs Group boosted their target price on shares of Dover from $202.00 to $223.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Royal Bank of Canada boosted their price objective on shares of Dover from $196.00 to $214.00 and gave the stock a “sector perform” rating in a research note on Friday, January 31st. 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. UBS Group reduced their price target on Dover from $217.00 to $211.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, Barclays dropped their target price on Dover from $213.00 to $205.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 26th. Five equities 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, Dover currently has a consensus rating of “Moderate Buy” and an average target price of $218.18.

Dover Trading Down 5.6 %

Shares of NYSE:DOV opened at $153.69 on Friday. The company has a market capitalization of $21.06 billion, a PE ratio of 7.90, a P/E/G ratio of 2.06 and a beta of 1.24. The company has a current ratio of 2.04, a quick ratio of 1.52 and a debt-to-equity ratio of 0.36. Dover has a 12-month low of $150.60 and a 12-month high of $222.31. The business’s fifty day simple moving average is $190.78 and its 200-day simple moving average is $193.03.

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

Institutional Trading of Dover

A number of hedge funds have recently modified their holdings of DOV. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Dover by 4.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,509 shares of the industrial products company’s stock valued at $441,000 after purchasing an additional 108 shares in the last quarter. 111 Capital acquired a new stake in Dover during the fourth quarter valued at $464,000. Bannerman Wealth Management Group LLC purchased a new position in Dover in the fourth quarter valued at $228,000. IronOak Wealth LLC. purchased a new stake in shares of Dover during the 4th quarter worth about $340,000. Finally, Smith Shellnut Wilson LLC ADV grew its position in shares of Dover by 9.8% during the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 3,128 shares of the industrial products company’s stock valued at $587,000 after acquiring an additional 278 shares during the period. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Dover Dividend Announcement

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

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.