JPMorgan Chase & Co. Increases Dover (NYSE:DOV) Price Target to $240.00

Dover (NYSE:DOV) had its target price upped by JPMorgan Chase & Co. from $230.00 to $240.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 19.07% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on DOV. Citigroup reissued a “buy” rating on shares of Dover in a research report on Monday, January 12th. Oppenheimer increased their price target on shares of Dover from $228.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Royal Bank Of Canada boosted their price objective on shares of Dover from $199.00 to $209.00 and gave the company a “sector perform” rating in a research note on Friday. Robert W. Baird set a $255.00 price objective on Dover in a report on Friday. Finally, Wells Fargo & Company lifted their target price on Dover from $205.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $222.67.

Dover Trading Down 0.5%

Shares of Dover stock opened at $201.57 on Friday. The firm has a market cap of $27.64 billion, a PE ratio of 25.39, a P/E/G ratio of 1.41 and a beta of 1.31. The company has a quick ratio of 1.44, a current ratio of 1.79 and a debt-to-equity ratio of 0.35. Dover has a fifty-two week low of $143.04 and a fifty-two week high of $222.31. The business’s fifty day moving average is $198.14 and its two-hundred day moving average is $183.96.

Dover (NYSE:DOV) last released its earnings results on Thursday, January 29th. The industrial products company reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.03. Dover had a return on equity of 17.87% and a net margin of 13.52%.The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the business posted $2.20 earnings per share. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. Analysts anticipate that Dover will post 9.45 earnings per share for the current year.

Insider Activity

In other Dover news, CFO Christopher B. Woenker sold 1,627 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $186.04, for a total value of $302,687.08. Following the completion of the transaction, the chief financial officer owned 2,553 shares in the company, valued at $474,960.12. This represents a 38.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Ivonne M. Cabrera sold 2,630 shares of Dover stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $190.80, for a total transaction of $501,804.00. Following the sale, the senior vice president owned 72,968 shares in the company, valued at $13,922,294.40. This represents a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Dover

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Machina Capital S.A.S. boosted its holdings in Dover by 38.8% during the second quarter. Machina Capital S.A.S. now owns 8,779 shares of the industrial products company’s stock worth $1,609,000 after buying an additional 2,452 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Dover by 9.3% during the 2nd quarter. Nordea Investment Management AB now owns 124,031 shares of the industrial products company’s stock valued at $22,701,000 after acquiring an additional 10,581 shares during the last quarter. Generali Asset Management SPA SGR grew its holdings in shares of Dover by 103.4% in the 3rd quarter. Generali Asset Management SPA SGR now owns 16,020 shares of the industrial products company’s stock worth $2,673,000 after acquiring an additional 8,145 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Dover by 1,644.9% during the third quarter. SG Americas Securities LLC now owns 26,749 shares of the industrial products company’s stock worth $4,463,000 after purchasing an additional 25,216 shares during the period. Finally, Advisory Resource Group lifted its holdings in shares of Dover by 7.7% during the second quarter. Advisory Resource Group now owns 28,732 shares of the industrial products company’s stock valued at $5,264,000 after purchasing an additional 2,047 shares during the last quarter. Institutional investors own 84.46% of the company’s stock.

Trending Headlines about Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Q4 results beat expectations — Dover reported $2.51 EPS (toppling the $2.48 consensus) and revenue (~$2.10B) rose ~8.8% y/y, with margins and bookings improving; this confirms accelerating organic growth. Read More.
• Positive Sentiment: Data‑center demand helped results — management cited strong demand for AI/data‑center liquid‑cooling products as a driver of Q4 profit growth, signaling exposure to a higher‑growth end market. Read More.
• Positive Sentiment: New product launch supports long‑term end markets — SWEP (a Dover business) introduced an all‑stainless heat‑exchanger product aimed at electronics/semiconductor cooling, strengthening product exposure to secular trends. Read More.
• Neutral Sentiment: Analyst action mixed — Wells Fargo nudged its price target to $210 from $205 but kept an “equal weight” rating, a modest positive on valuation but not a bullish endorsement. Read More.
• Neutral Sentiment: Investor materials available — Management hosted the Q4 call and published the press release and slide deck (useful for digging into segment dynamics, margin drivers and backlog details). Read More.
• Negative Sentiment: FY‑2026 guidance slightly soft on EPS — Dover guided EPS to $10.45–$10.65 vs. a consensus near $10.62; the lower end of the range and tightness around consensus likely disappointed some investors and capped upside given the beat elsewhere.
• Negative Sentiment: Market caution — some commentators urged patience ahead of the quarter (e.g., cautious take from commentators like Jim Cramer), contributing to muted investor reaction despite the beat. Read More.

About Dover

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.