What is Zacks Research’s Forecast for Dover Q1 Earnings?

Dover Co. (NYSE:DOV) – Equities research analysts at Zacks Research issued their Q1 2025 earnings estimates for shares of Dover in a research report issued on Tuesday, October 22nd. Zacks Research analyst S. Deb anticipates that the industrial products company will post earnings of $2.06 per share for the quarter. The consensus estimate for Dover’s current full-year earnings is $9.18 per share. Zacks Research also issued estimates for Dover’s Q2 2025 earnings at $2.24 EPS, Q3 2025 earnings at $2.50 EPS, Q4 2025 earnings at $2.57 EPS, FY2025 earnings at $9.38 EPS, Q1 2026 earnings at $2.23 EPS, Q2 2026 earnings at $2.30 EPS, Q3 2026 earnings at $2.51 EPS and FY2026 earnings at $9.66 EPS.

Dover (NYSE:DOV) last posted its quarterly earnings results on Thursday, October 24th. The industrial products company reported $2.27 EPS for the quarter, beating the consensus estimate of $2.16 by $0.11. Dover had a net margin of 17.58% and a return on equity of 24.94%. The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $2 billion.

Several other equities research analysts have also issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Dover from $190.00 to $197.00 and gave the company an “equal weight” rating in a research note on Monday, September 30th. JPMorgan Chase & Co. lifted their price objective on shares of Dover from $210.00 to $212.00 and gave the company an “overweight” rating in a research note on Friday. Royal Bank of Canada lifted their price objective on shares of Dover from $192.00 to $193.00 and gave the company a “sector perform” rating in a research note on Friday, July 26th. Oppenheimer reaffirmed an “outperform” rating and issued a $215.00 price objective (up previously from $210.00) on shares of Dover in a research note on Wednesday, October 16th. Finally, Robert W. Baird reissued an “outperform” rating and set a $208.00 target price on shares of Dover in a research report on Monday, July 22nd. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Dover presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.00.

Dover Stock Up 1.2 %

DOV stock opened at $186.93 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.95 and a debt-to-equity ratio of 0.55. Dover has a 1 year low of $127.25 and a 1 year high of $195.68. The company has a fifty day simple moving average of $186.80 and a 200 day simple moving average of $182.19. The firm has a market cap of $25.69 billion, a PE ratio of 17.96, a PEG ratio of 2.20 and a beta of 1.22.

Institutional Trading of Dover

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets increased its stake in Dover by 27.4% in the first quarter. BNP Paribas Financial Markets now owns 166,211 shares of the industrial products company’s stock valued at $29,451,000 after acquiring an additional 35,750 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Dover by 14.4% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 202,659 shares of the industrial products company’s stock worth $35,909,000 after buying an additional 25,562 shares during the last quarter. SG Americas Securities LLC grew its stake in Dover by 75.1% during the first quarter. SG Americas Securities LLC now owns 19,972 shares of the industrial products company’s stock worth $3,539,000 after buying an additional 8,563 shares during the last quarter. Cetera Investment Advisers grew its stake in Dover by 975.5% during the first quarter. Cetera Investment Advisers now owns 24,886 shares of the industrial products company’s stock worth $4,410,000 after buying an additional 22,572 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in Dover by 56.6% during the first quarter. Oppenheimer & Co. Inc. now owns 13,175 shares of the industrial products company’s stock worth $2,334,000 after buying an additional 4,760 shares during the last quarter. Institutional investors own 84.46% of the company’s stock.

Insider Activity

In other news, CEO Richard J. Tobin sold 25,004 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $181.96, for a total transaction of $4,549,727.84. Following the completion of the transaction, the chief executive officer now owns 182,928 shares of the company’s stock, valued at approximately $33,285,578.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Richard J. Tobin sold 25,004 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $181.96, for a total transaction of $4,549,727.84. Following the completion of the transaction, the chief executive officer now owns 182,928 shares of the company’s stock, valued at approximately $33,285,578.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brad M. Cerepak sold 14,818 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $175.00, for a total transaction of $2,593,150.00. Following the completion of the sale, the chief financial officer now directly owns 12,324 shares in the company, valued at approximately $2,156,700. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,383 shares of company stock valued at $8,169,883. Insiders own 1.30% of the company’s stock.

Dover Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were given a dividend of $0.515 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.10%. This is a positive change from Dover’s previous quarterly dividend of $0.51. Dover’s dividend payout ratio is currently 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.