
Dover Corporation (NYSE:DOV – Free Report) – Stock analysts at Zacks Research lifted their FY2026 earnings estimates for shares of Dover in a research note issued to investors on Thursday, August 6th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $10.59 per share for the year, up from their previous estimate of $10.55. The consensus estimate for Dover’s current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Dover’s Q1 2027 earnings at $2.47 EPS, Q2 2027 earnings at $2.90 EPS, Q3 2027 earnings at $2.94 EPS, Q4 2027 earnings at $2.88 EPS, FY2027 earnings at $11.19 EPS, Q1 2028 earnings at $2.72 EPS, Q2 2028 earnings at $2.96 EPS and FY2028 earnings at $11.73 EPS.
Dover (NYSE:DOV – Get Free Report) last announced 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%. Dover’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.44 EPS. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.
Dover Stock Performance
NYSE DOV opened at $210.90 on Friday. The stock has a market capitalization of $28.40 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 1.60 and a beta of 1.16. The business’s 50 day moving average is $214.59 and its two-hundred day moving average is $215.66. Dover has a 12-month low of $158.97 and a 12-month high of $237.54. The company has a current ratio of 1.98, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33.
Hedge Funds Weigh In On Dover
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DOV. Vanguard Group Inc. grew its position in shares of Dover by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 16,733,000 shares of the industrial products company’s stock valued at $3,266,951,000 after purchasing an additional 120,341 shares during the last quarter. State Street Corp grew its holdings in Dover by 3.5% during the 4th quarter. State Street Corp now owns 6,760,797 shares of the industrial products company’s stock valued at $1,319,978,000 after buying an additional 227,436 shares during the last quarter. Geode Capital Management LLC grew its holdings in Dover by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 3,519,070 shares of the industrial products company’s stock valued at $684,348,000 after buying an additional 30,372 shares during the last quarter. Bank of New York Mellon Corp increased its position in Dover by 5.2% during the first quarter. Bank of New York Mellon Corp now owns 3,030,972 shares of the industrial products company’s stock worth $631,806,000 after buying an additional 150,319 shares in the last quarter. Finally, Nuveen LLC raised its holdings in shares of Dover by 9.9% in the fourth quarter. Nuveen LLC now owns 2,623,281 shares of the industrial products company’s stock worth $512,169,000 after acquiring an additional 235,454 shares during the last quarter. Institutional investors and hedge funds own 84.46% of the company’s stock.
Trending Headlines about Dover
Here are the key news stories impacting Dover this week:
- Positive Sentiment: Zacks Research raised EPS estimates across multiple periods. Forecasts increased to $10.59 for FY2026 from $10.55, $11.19 for FY2027 from $11.12, and $11.73 for FY2028 from $11.63. Quarterly estimates were also lifted, including Q1 2027 to $2.47, Q2 2027 to $2.90, Q3 2027 to $2.94, Q4 2027 to $2.88, and Q1-Q2 2028 to $2.72 and $2.96, respectively. The broad-based revisions provide a favorable signal for future earnings momentum.
- Positive Sentiment: Manufacturing activity reached a four-year high. Dover was identified as one of five stocks positioned to benefit as manufacturing activity showed seven consecutive months of growth. Improving industrial demand could support orders and revenue across Dover’s end markets. 5 Stocks to Grab as Manufacturing Activity Hits Four-Year High
- Neutral Sentiment: Current-year expectations remain mixed. Zacks’ FY2026 forecast of $10.59 per share is below the $10.65 consensus estimate, despite being raised from its previous forecast. Dover’s latest reported quarter showed earnings above estimates but revenue slightly below expectations, leaving investors focused on whether stronger manufacturing conditions translate into sustained sales growth.
Dover Company Profile
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.
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