Dover (NYSE:DOV) Given New $240.00 Price Target at JPMorgan Chase & Co.

Dover (NYSE:DOV) had its target price upped by stock analysts at JPMorgan Chase & Co. from $230.00 to $240.00 in a report released on Friday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 19.07% from the company’s current price.

DOV has been the subject of a number of other reports. UBS Group set a $256.00 target price on shares of Dover and gave the stock a “buy” rating in a report on Sunday, January 4th. Morgan Stanley boosted their price target on shares of Dover from $185.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 28th. Wells Fargo & Company increased their price objective on Dover from $205.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday. Oppenheimer upped their price objective on shares of Dover from $228.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Robert W. Baird set a $255.00 price objective on shares of Dover in a research report on Friday. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $222.55.

Dover Trading Down 0.5%

Shares of DOV traded down $0.97 during trading hours on Friday, reaching $201.57. 2,009,325 shares of the company traded hands, compared to its average volume of 1,298,642. Dover has a 12 month low of $143.04 and a 12 month high of $222.31. The company has a quick ratio of 1.44, a current ratio of 2.04 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average price is $197.78 and its two-hundred day moving average price is $183.89. The company has a market capitalization of $27.64 billion, a price-to-earnings ratio of 12.40, a price-to-earnings-growth ratio of 1.43 and a beta of 1.31.

Dover (NYSE:DOV) last posted its earnings results on Thursday, January 29th. The industrial products company reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.03. Dover had a return on equity of 17.62% and a net margin of 28.37%.The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same quarter last year, the company earned $2.20 EPS. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. Equities research analysts predict that Dover will post 9.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Dover

In related news, CFO Christopher B. Woenker sold 1,627 shares of Dover stock in a transaction dated 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 sale, the chief financial officer directly owned 2,553 shares in the company, valued at $474,960.12. This trade represents a 38.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ivonne M. Cabrera sold 2,630 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president owned 72,968 shares of the company’s stock, valued at approximately $13,922,294.40. This represents a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Dover

A number of large investors have recently bought and sold shares of the company. Frank Rimerman Advisors LLC lifted its holdings in shares of Dover by 2.2% during the 4th quarter. Frank Rimerman Advisors LLC now owns 2,439 shares of the industrial products company’s stock worth $476,000 after acquiring an additional 52 shares during the last quarter. Tectonic Advisors LLC grew its holdings in shares of Dover by 1.7% during the fourth quarter. Tectonic Advisors LLC now owns 3,176 shares of the industrial products company’s stock valued at $620,000 after buying an additional 54 shares during the last quarter. Mission Wealth Management LP grew its position in Dover by 0.8% in the 3rd quarter. Mission Wealth Management LP now owns 7,493 shares of the industrial products company’s stock worth $1,250,000 after purchasing an additional 58 shares during the period. Brown Brothers Harriman & Co. grew its holdings in Dover by 4.1% during the third quarter. Brown Brothers Harriman & Co. now owns 1,513 shares of the industrial products company’s stock valued at $252,000 after purchasing an additional 59 shares during the period. Finally, Harbour Investments Inc. grew its position in shares of Dover by 51.7% during the second quarter. Harbour Investments Inc. now owns 176 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 60 shares in the last quarter. 84.46% of the stock is owned by hedge funds and other institutional investors.

Dover News Summary

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.