Dover Co. (NYSE:DOV – Free Report) – Equities research analysts at Zacks Research lifted their FY2025 earnings estimates for shares of Dover in a report released on Thursday, December 12th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $9.17 for the year, up from their prior estimate of $9.16. The consensus estimate for Dover’s current full-year earnings is $8.17 per share. Zacks Research also issued estimates for Dover’s Q1 2026 earnings at $2.22 EPS.
A number of other brokerages have also recently issued reports on DOV. JPMorgan Chase & Co. upped their target price on Dover from $210.00 to $212.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Wells Fargo & Company lifted their target price on shares of Dover from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Monday, September 30th. Citigroup boosted their price target on Dover from $226.00 to $236.00 and gave the company a “buy” rating in a research note on Monday, December 9th. UBS Group began coverage on shares of Dover in a report on Wednesday, November 13th. They set a “neutral” rating and a $217.00 price objective on the stock. Finally, Mizuho lifted their price target on shares of Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $213.91.
Dover Price Performance
Shares of NYSE:DOV opened at $196.55 on Monday. The firm has a 50 day simple moving average of $197.76 and a 200 day simple moving average of $187.68. The company has a market cap of $26.97 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 2.70 and a beta of 1.22. Dover has a one year low of $143.96 and a one year high of $208.26. 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a $0.515 dividend. The ex-dividend date was Friday, November 29th. This represents a $2.06 annualized dividend and a yield of 1.05%. Dover’s dividend payout ratio is currently 18.43%.
Institutional Trading of Dover
A number of large investors have recently added to or reduced their stakes in DOV. McClarren Financial Advisors Inc. grew its holdings in Dover by 4,400.0% during the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 176 shares during the period. Ashton Thomas Securities LLC purchased a new position in Dover during the 3rd quarter valued at about $33,000. Fairscale Capital LLC bought a new stake in Dover during the 2nd quarter worth approximately $34,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Dover in the second quarter worth $41,000. Finally, Avior Wealth Management LLC increased its stake in Dover by 183.5% in the 3rd quarter. Avior Wealth Management LLC now owns 258 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 167 shares during the last quarter. 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.
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