Zacks Research Has Optimistic Outlook of Dover Q1 Earnings

Dover Corporation (NYSE:DOV) – Equities research analysts at Zacks Research lifted their Q1 2026 EPS estimates for shares of Dover in a research report issued to clients and investors on Thursday, September 25th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $2.30 for the quarter, up from their prior estimate of $2.29. The consensus estimate for Dover’s current full-year earnings is $9.45 per share. Zacks Research also issued estimates for Dover’s Q2 2026 earnings at $2.65 EPS, Q4 2026 earnings at $2.70 EPS, FY2026 earnings at $10.35 EPS, Q1 2027 earnings at $2.53 EPS and Q2 2027 earnings at $2.78 EPS.

Dover (NYSE:DOV) last posted its quarterly earnings results on Thursday, July 24th. The industrial products company reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.05. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.03 billion. Dover had a net margin of 29.29% and a return on equity of 18.19%. Dover’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $2.36 EPS. Dover has set its FY 2025 guidance at 9.350-9.550 EPS.

Other equities analysts have also issued reports about the stock. Royal Bank Of Canada lifted their target price on shares of Dover from $203.00 to $206.00 and gave the company a “sector perform” rating in a report on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on shares of Dover from $211.00 to $217.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Robert W. Baird lifted their target price on shares of Dover from $219.00 to $234.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Mizuho lifted their target price on shares of Dover from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, June 13th. Finally, Wells Fargo & Company lifted their target price on shares of Dover from $190.00 to $195.00 and gave the company an “equal weight” rating in a report on Friday, July 25th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Dover has a consensus rating of “Moderate Buy” and an average price target of $213.92.

Dover Price Performance

NYSE:DOV opened at $168.14 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.95 and a quick ratio of 1.35. The firm has a market cap of $23.06 billion, a price-to-earnings ratio of 10.14, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27. The company has a 50 day moving average price of $177.62 and a 200-day moving average price of $176.98. Dover has a 1-year low of $143.04 and a 1-year high of $222.31.

Institutional Investors Weigh In On Dover

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AdvisorShares Investments LLC acquired a new stake in Dover during the 2nd quarter worth $30,000. North Capital Inc. acquired a new stake in Dover during the 1st quarter worth $29,000. Vermillion & White Wealth Management Group LLC boosted its stake in Dover by 122.4% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 93 shares during the last quarter. Caldwell Trust Co acquired a new stake in Dover during the 2nd quarter worth $31,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in Dover during the 1st quarter worth $31,000. Institutional investors and hedge funds own 84.46% of the company’s stock.

Dover Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a dividend of $0.52 per share. This is a boost from Dover’s previous quarterly dividend of $0.52. The ex-dividend date was Friday, August 29th. This represents a $2.08 annualized dividend and a dividend yield of 1.2%. Dover’s payout ratio is currently 12.55%.

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.