BMO Capital Markets Raises Dover (NYSE:DOV) Price Target to $250.00

Dover (NYSE:DOV) had its target price raised by investment analysts at BMO Capital Markets from $237.00 to $250.00 in a report issued on Friday, MarketBeat.com reports. The brokerage presently has a “market perform” rating on the industrial products company’s stock. BMO Capital Markets’ price target indicates a potential upside of 11.13% from the company’s current price.

Several other equities analysts have also weighed in on DOV. Morgan Stanley set a $210.00 price objective on shares of Dover in a research report on Wednesday, February 4th. Wells Fargo & Company raised shares of Dover from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $210.00 to $230.00 in a research note on Tuesday, March 17th. Oppenheimer raised their target price on shares of Dover from $232.00 to $242.00 and gave the stock an “outperform” rating in a report on Monday, April 20th. JPMorgan Chase & Co. lifted their price target on shares of Dover from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Finally, Wall Street Zen raised Dover from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $237.36.

Dover Trading Down 1.4%

Shares of Dover stock opened at $224.96 on Friday. The business has a fifty day simple moving average of $216.84 and a 200-day simple moving average of $201.17. Dover has a fifty-two week low of $158.97 and a fifty-two week high of $237.54. The firm has a market cap of $30.32 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.25. The company has a quick ratio of 1.28, a current ratio of 1.79 and a debt-to-equity ratio of 0.35.

Dover (NYSE:DOV) last released its earnings results on Thursday, April 23rd. The industrial products company reported $2.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.01. Dover had a return on equity of 18.00% and a net margin of 13.30%.The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period in the previous year, the company earned $2.05 earnings per share. Dover’s revenue was up 10.1% compared to the same quarter last year. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. On average, equities analysts forecast that Dover will post 10.55 EPS for the current fiscal year.

Insider Buying and Selling at Dover

In other news, VP Girish Juneja sold 1,500 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $230.77, for a total value of $346,155.00. Following the completion of the sale, the vice president owned 8,422 shares in the company, valued at $1,943,544.94. This represents a 15.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Ivonne M. Cabrera sold 4,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $233.23, for a total value of $932,920.00. Following the completion of the sale, the senior vice president directly owned 72,188 shares of the company’s stock, valued at approximately $16,836,407.24. This trade represents a 5.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,497 shares of company stock valued at $19,196,277 in the last three months. 1.10% of the stock is currently owned by company insiders.

Institutional Trading of Dover

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Dover by 0.7% during 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 in the last quarter. State Street Corp lifted its position in Dover by 3.5% in the 4th quarter. State Street Corp now owns 6,760,797 shares of the industrial products company’s stock worth $1,319,978,000 after buying an additional 227,436 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 period. Bank of New York Mellon Corp grew its holdings in shares of Dover by 174.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,880,653 shares of the industrial products company’s stock valued at $562,419,000 after acquiring an additional 1,830,722 shares in the last quarter. Finally, Nuveen LLC grew its holdings in shares of Dover by 9.9% during the 4th quarter. Nuveen LLC now owns 2,623,281 shares of the industrial products company’s stock valued at $512,169,000 after acquiring an additional 235,454 shares in the last quarter. 84.46% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Robert W. Baird raised its price target to $279 and assigned an “outperform” rating, implying ~24% upside vs. the current price — a bullish signal from a major shop. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to $250 with a “market perform” rating, signaling additional analyst support for the stock. Article Title
• Positive Sentiment: Dover reported Q1 EPS of $2.28, narrowly beating consensus ($2.27) and showing 10% revenue growth year‑over‑year; the company provided FY‑2026 EPS guidance of $10.45–$10.65, roughly in line with Street estimates — supports the view of durable profitability. Dover Reports First Quarter 2026 Results
• Neutral Sentiment: Dover said there are no material changes to its 2025 risk profile and directed investors to its prior 10‑K — a routine regulatory clarification rather than new operational news. Announcement
• Neutral Sentiment: Earnings materials, slide deck and full call transcript have been released — useful for modeling and management commentary but not a surprise. Slide Deck Call Transcript
• Neutral Sentiment: Analyst/modeling pieces (Zacks, others) updated FY forecasts, which investors will use to re‑rate multiples — informational but incremental. Zacks Research
• Negative Sentiment: Revenue missed expectations: Q1 sales were $2.05B vs. analyst estimates near $2.19B, and FY revenue guidance ($8.5–$8.7B) sits around consensus — the top‑line softness likely pressured the stock despite the EPS beat. Earnings Release

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.