Zacks Research Forecasts Dover’s Q1 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Analysts at Zacks Research issued their Q1 2025 earnings estimates for shares of Dover in a research note issued to investors on Tuesday, October 22nd. Zacks Research analyst S. Deb forecasts that the industrial products company will post earnings per share of $2.06 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 announced its quarterly earnings results on Thursday, July 25th. The industrial products company reported $2.36 EPS for the quarter, beating the consensus estimate of $2.21 by $0.15. Dover had a net margin of 17.58% and a return on equity of 24.94%. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same period last year, the firm earned $2.05 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year.

Several other research analysts also recently commented on the stock. Barclays raised their price target on shares of Dover from $186.00 to $190.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Robert W. Baird reissued an “outperform” rating and issued a $208.00 price target on shares of Dover in a report on Monday, July 22nd. Wolfe Research raised shares of Dover to a “hold” rating in a report on Friday, September 20th. Royal Bank of Canada raised their price objective on shares of Dover from $192.00 to $193.00 and gave the company a “sector perform” rating in a research report on Friday, July 26th. Finally, Wells Fargo & Company raised their price objective on shares of Dover from $190.00 to $197.00 and gave the company an “equal weight” rating in a research report on Monday, September 30th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Dover presently has a consensus rating of “Moderate Buy” and an average target price of $198.75.

Dover Stock Up 0.1 %

Shares of NYSE:DOV opened at $191.61 on Thursday. The firm has a fifty day moving average price of $186.54 and a two-hundred day moving average price of $182.10. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.53 and a quick ratio of 0.95. Dover has a one year low of $127.25 and a one year high of $195.68. The company has a market cap of $26.33 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 2.20 and a beta of 1.22.

Hedge Funds Weigh In On Dover

Hedge funds have recently modified their holdings of the company. LRI Investments LLC purchased a new position in shares of Dover in the first quarter valued at about $28,000. McClarren Financial Advisors Inc. increased its position in shares of Dover by 4,400.0% in the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 176 shares during the period. Fairscale Capital LLC purchased a new position in shares of Dover in the second quarter valued at about $34,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Dover in the second quarter valued at about $41,000. Finally, Transcendent Capital Group LLC boosted its stake in shares of Dover by 208.0% during the 1st quarter. Transcendent Capital Group LLC now owns 231 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Insider Buying and Selling

In related news, CFO Brad M. Cerepak sold 14,818 shares of Dover stock in a transaction on Friday, September 6th. The shares were sold at an average price of $175.00, for a total value of $2,593,150.00. Following the transaction, the chief financial officer now owns 12,324 shares in the company, valued at $2,156,700. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, SVP Ivonne M. Cabrera sold 1,220 shares of Dover stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $185.00, for a total value of $225,700.00. Following the transaction, the senior vice president now owns 47,060 shares in the company, valued at $8,706,100. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Brad M. Cerepak sold 14,818 shares of the business’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 transaction, the chief financial officer now owns 12,324 shares in the company, valued at $2,156,700. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 45,383 shares of company stock worth $8,169,883 in the last 90 days. 1.30% of the stock is owned by company insiders.

Dover Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Friday, August 30th. This is a boost from Dover’s previous quarterly dividend of $0.51. Dover’s dividend payout ratio (DPR) is presently 19.79%.

About Dover

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.