Research Analysts Set Expectations for Dover FY2026 Earnings

Dover Corporation (NYSE:DOV) – Investment analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for Dover in a report issued on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $10.61 for the year, up from their prior forecast of $10.59. The consensus estimate for Dover’s current full-year earnings is $10.67 per share. Zacks Research also issued estimates for Dover’s Q4 2026 earnings at $2.74 EPS, Q2 2027 earnings at $2.91 EPS, Q4 2027 earnings at $2.89 EPS, FY2027 earnings at $11.21 EPS and FY2028 earnings at $11.76 EPS.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets raised Dover from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $255.00 to $240.00 in a report on Friday, July 24th. Robert W. Baird set a $270.00 target price on Dover in a report on Friday, July 24th. Weiss Ratings upgraded Dover from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 4th. Wolfe Research reaffirmed an “outperform” rating and issued a $262.00 price target on shares of Dover in a report on Thursday, July 9th. Finally, Royal Bank Of Canada decreased their price objective on shares of Dover from $252.00 to $227.00 and set a “sector perform” rating on the stock in a report on Friday, July 24th. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $238.29.

Dover Stock Up 1.3%

Shares of NYSE:DOV opened at $204.78 on Thursday. The company’s fifty day moving average is $211.61 and its 200-day moving average is $215.40. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.41 and a current ratio of 1.98. Dover has a 52 week low of $158.97 and a 52 week high of $237.54. The company has a market capitalization of $27.58 billion, a PE ratio of 24.67, a P/E/G ratio of 1.53 and a beta of 1.16.

Dover (NYSE:DOV) last released its quarterly earnings data on Thursday, July 23rd. The industrial products company reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.72 by $0.02. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.21 billion. Dover had a net margin of 13.48% and a return on equity of 18.32%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $2.44 EPS. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Principia Wealth Advisory LLC raised its stake in shares of Dover by 3,050.0% in the 2nd quarter. Principia Wealth Advisory LLC now owns 252 shares of the industrial products company’s stock valued at $57,000 after purchasing an additional 244 shares during the period. Amundi boosted its position in shares of Dover by 36.8% during the second quarter. Amundi now owns 933,295 shares of the industrial products company’s stock worth $209,319,000 after buying an additional 250,875 shares during the period. HighTower Advisors LLC boosted its position in shares of Dover by 33.7% during the second quarter. HighTower Advisors LLC now owns 230,907 shares of the industrial products company’s stock worth $51,788,000 after buying an additional 58,145 shares during the period. Groupe la Francaise bought a new position in shares of Dover during the second quarter worth about $4,722,000. Finally, CYBER HORNET ETFs LLC raised its position in Dover by 332.6% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 1,631 shares of the industrial products company’s stock valued at $358,000 after buying an additional 1,254 shares during the last quarter. 84.46% of the stock is owned by institutional investors and hedge funds.

Dover Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.525 per share. This is a positive change from Dover’s previous quarterly dividend of $0.52. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, August 31st. Dover’s payout ratio is 25.06%.

About Dover

Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.

Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.