Dover (NYSE:DOV) Announces FY 2026 Earnings Guidance

Dover (NYSE:DOV) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 10.600-10.750 for the period, compared to the consensus earnings per share estimate of 10.650. The company issued revenue guidance of $8.7 billion, compared to the consensus revenue estimate of $8.7 billion.

Wall Street Analysts Forecast Growth

DOV has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of Dover from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. Citigroup reissued a “buy” rating on shares of Dover in a research report on Friday. Robert W. Baird set a $258.00 target price on shares of Dover in a research report on Friday. Wells Fargo & Company reissued an “overweight” rating and set a $233.00 target price on shares of Dover in a research note on Friday. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $262.00 price objective on shares of Dover in a research note on Thursday, July 9th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Dover currently has an average rating of “Moderate Buy” and an average price target of $237.40.

Dover Stock Performance

DOV stock traded up $0.77 during midday trading on Friday, reaching $196.26. 231,427 shares of the company’s stock traded hands, compared to its average volume of 1,150,902. The company has a 50-day moving average price of $193.54 and a two-hundred day moving average price of $207.61. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.41 and a current ratio of 1.98. Dover has a 52 week low of $176.40 and a 52 week high of $237.54. The firm has a market capitalization of $26.43 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13.

Dover (NYSE:DOV) last issued its earnings results on Thursday, October 22nd. The industrial products company reported $2.88 EPS for the quarter, topping the consensus estimate of $2.85 by $0.03. Dover had a net margin of 13.48% and a return on equity of 18.32%. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the previous year, the firm earned $2.62 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. As a group, equities analysts anticipate that Dover will post 10.65 EPS for the current year.

Dover Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, August 31st. This is a positive change from Dover’s previous quarterly dividend of $0.52. Dover’s payout ratio is presently 25.30%.

Dover Company Profile

Dover Corporation (NYSE: DOV) is a diversified manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including fluid handling, equipment manufacturing, clean energy, fueling, refrigeration, heating and cooling, printing, and vehicle service.

The company’s products include pumps, compressors, controls, dispensing and fueling equipment, refrigeration systems, heat-transfer technologies, industrial machinery, vehicle lifts and service equipment, and components used in engineered industrial applications.