Seaport Res Ptn Issues Positive Outlook for Dover Earnings

Dover Co. (NYSE:DOV) – Research analysts at Seaport Res Ptn raised their Q3 2025 earnings estimates for shares of Dover in a research note issued to investors on Thursday, March 13th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will earn $2.54 per share for the quarter, up from their previous estimate of $2.52. The consensus estimate for Dover’s current full-year earnings is $9.45 per share.

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

Several other research firms have also issued reports on DOV. Citigroup lowered their target price on shares of Dover from $236.00 to $222.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Wells Fargo & Company boosted their price objective on Dover from $200.00 to $215.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. StockNews.com cut shares of Dover from a “buy” rating to a “hold” rating in a research note on Tuesday. Oppenheimer reaffirmed an “outperform” rating and set a $225.00 price objective (up from $220.00) on shares of Dover in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Dover from $208.00 to $230.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Dover currently has a consensus rating of “Moderate Buy” and an average price target of $218.91.

Dover Stock Performance

DOV opened at $180.54 on Monday. The firm has a fifty day moving average price of $194.88 and a 200 day moving average price of $193.62. Dover has a 1 year low of $168.20 and a 1 year high of $222.31. The stock has a market cap of $24.78 billion, a P/E ratio of 9.28, a P/E/G ratio of 2.06 and a beta of 1.24. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.04 and a quick ratio of 1.52.

Dover Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders 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 annualized dividend and a dividend yield of 1.14%. Dover’s payout ratio is 10.59%.

Hedge Funds Weigh In On Dover

Institutional investors have recently bought and sold shares of the company. Financial Life Planners purchased a new stake in Dover in the fourth quarter valued at $28,000. R Squared Ltd purchased a new stake in shares of Dover in the 4th quarter valued at approximately $34,000. EverSource Wealth Advisors LLC increased its holdings in Dover by 79.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 197 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 87 shares during the last quarter. Kieckhefer Group LLC purchased a new stake in Dover in the fourth quarter valued at approximately $38,000. Finally, Orion Capital Management LLC acquired a new position in Dover during the fourth quarter worth $43,000. 84.46% of the stock is owned by hedge funds and other institutional investors.

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.