Research Analysts Offer Predictions for Dover Q3 Earnings

Dover Corporation (NYSE:DOV) – Analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for Dover in a report released on Thursday, June 11th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $2.83 for the quarter, up from their prior estimate of $2.82. The consensus estimate for Dover’s current full-year earnings is $10.64 per share. Zacks Research also issued estimates for Dover’s Q2 2027 earnings at $2.89 EPS, Q3 2027 earnings at $2.91 EPS and Q1 2028 earnings at $2.70 EPS.

Several other research firms have also recently weighed in on DOV. Barclays boosted their price target on Dover from $206.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. BMO Capital Markets boosted their price target on Dover from $237.00 to $250.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Wall Street Zen upgraded Dover from a “hold” rating to a “buy” rating in a report on Sunday, June 7th. Robert W. Baird upped their target price on Dover from $255.00 to $279.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company upgraded Dover from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $210.00 to $230.00 in a report on Tuesday, March 17th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Dover has an average rating of “Moderate Buy” and an average price target of $238.79.

Dover Stock Performance

Dover stock opened at $219.01 on Friday. Dover has a 12-month low of $158.97 and a 12-month high of $237.54. The company has a quick ratio of 1.32, a current ratio of 1.87 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average price is $215.84 and its two-hundred day moving average price is $210.48. The stock has a market cap of $29.49 billion, a PE ratio of 27.31, a P/E/G ratio of 1.63 and a beta of 1.17.

Dover (NYSE:DOV) last posted its quarterly earnings results on Thursday, April 23rd. The industrial products company reported $2.28 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.01. Dover had a return on equity of 18.01% and a net margin of 13.30%.The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter in the previous year, the firm earned $2.05 earnings per share. Dover’s revenue for the quarter was up 10.1% compared to the same quarter last year. Dover has set its FY 2026 guidance at 10.450-10.650 EPS.

Hedge Funds Weigh In On Dover

Institutional investors have recently added to or reduced their stakes in the business. NEOS Investment Management LLC lifted its stake in Dover by 53.1% in the third quarter. NEOS Investment Management LLC now owns 13,741 shares of the industrial products company’s stock valued at $2,292,000 after buying an additional 4,766 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Dover by 15.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 41,470 shares of the industrial products company’s stock worth $8,442,000 after purchasing an additional 5,514 shares during the period. OFI Invest Asset Management acquired a new position in shares of Dover during the fourth quarter worth approximately $10,195,000. Pensionfund Sabic acquired a new position in shares of Dover during the fourth quarter worth approximately $1,230,000. Finally, BIP Wealth LLC acquired a new position in shares of Dover during the fourth quarter worth approximately $538,000. 84.46% of the stock is owned by institutional investors and hedge funds.

Dover Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.52 dividend. The ex-dividend date is Friday, May 29th. This represents a $2.08 annualized dividend and a yield of 0.9%. Dover’s dividend payout ratio is presently 25.94%.

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.