Brokers Issue Forecasts for Dover’s Q1 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Research analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of Dover in a report released on Thursday, November 7th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings of $1.92 per share for the quarter, down from their prior estimate of $2.06. 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 $2.41 EPS, Q4 2025 earnings at $2.48 EPS, FY2025 earnings at $9.16 EPS and Q1 2026 earnings at $2.21 EPS.

A number of other research firms also recently weighed in on DOV. Robert W. Baird reiterated an “outperform” rating and set a $208.00 target price on shares of Dover in a report on Monday, July 22nd. Oppenheimer reiterated an “outperform” rating and issued a $215.00 price objective (up previously from $210.00) on shares of Dover in a report on Wednesday, October 16th. Wells Fargo & Company upped their target price on shares of Dover from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research report on Monday, September 30th. StockNews.com raised shares of Dover from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Wolfe Research upgraded shares of Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price objective on the stock in a report on Monday, October 28th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Dover currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.44.

Dover Price Performance

Shares of NYSE DOV opened at $202.36 on Monday. Dover has a 1 year low of $130.75 and a 1 year high of $204.93. The stock has a market capitalization of $27.76 billion, a P/E ratio of 18.10, a P/E/G ratio of 2.71 and a beta of 1.22. The company’s 50-day moving average is $189.92 and its 200 day moving average is $184.27. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.57 and a quick ratio of 1.06.

Dover Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.515 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.06 annualized dividend and a yield of 1.02%. Dover’s dividend payout ratio (DPR) is presently 18.43%.

Insider Activity at Dover

In other news, CEO Richard J. Tobin sold 25,004 shares of Dover stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.96, for a total value of $4,549,727.84. Following the completion of the sale, the chief executive officer now directly owns 182,928 shares in the company, valued at $33,285,578.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Richard J. Tobin sold 25,004 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.96, for a total value of $4,549,727.84. Following the sale, the chief executive officer now owns 182,928 shares in the company, valued at approximately $33,285,578.88. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Ivonne M. Cabrera sold 1,220 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $185.00, for a total transaction of $225,700.00. Following the sale, the senior vice president now owns 47,060 shares of the company’s stock, valued at approximately $8,706,100. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,042 shares of company stock valued at $7,368,578 over the last ninety days. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Dover

Institutional investors and hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its stake in shares of Dover by 153.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,633,453 shares of the industrial products company’s stock worth $466,622,000 after acquiring an additional 1,595,611 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Dover by 4.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,505,749 shares of the industrial products company’s stock valued at $271,702,000 after purchasing an additional 60,912 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Dover by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 811,340 shares of the industrial products company’s stock valued at $155,566,000 after purchasing an additional 9,464 shares during the period. American Century Companies Inc. increased its position in Dover by 162.2% in the second quarter. American Century Companies Inc. now owns 688,249 shares of the industrial products company’s stock worth $124,195,000 after buying an additional 425,768 shares in the last quarter. Finally, Interval Partners LP raised its stake in shares of Dover by 110.0% in the second quarter. Interval Partners LP now owns 583,075 shares of the industrial products company’s stock worth $105,216,000 after buying an additional 305,436 shares during the period. Hedge funds and other institutional investors own 84.46% of the company’s stock.

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.