Zacks Research Has Strong Forecast for Dover FY2026 Earnings

Dover Corporation (NYSE:DOV) – Analysts at Zacks Research raised their FY2026 earnings estimates for Dover in a note issued to investors on Thursday, November 5th. Zacks Research analyst Team now forecasts that the industrial products company will earn $10.67 per share for the year, up from their prior forecast of $10.61. The consensus estimate for Dover’s current full-year earnings is $10.72 per share. Zacks Research also issued estimates for Dover’s Q4 2026 earnings at $2.77 EPS, Q1 2027 earnings at $2.50 EPS, Q2 2027 earnings at $2.97 EPS, Q3 2027 earnings at $3.00 EPS, Q4 2027 earnings at $2.94 EPS, FY2027 earnings at $11.41 EPS, Q1 2028 earnings at $2.76 EPS, Q2 2028 earnings at $3.00 EPS, Q3 2028 earnings at $3.06 EPS and FY2028 earnings at $11.96 EPS.

Other equities analysts also recently issued reports about the stock. Robert W. Baird set a $258.00 price objective on shares of Dover in a research note on Friday, October 23rd. Weiss Ratings downgraded shares of Dover from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 2nd. Citigroup upped their target price on Dover from $266.00 to $268.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. Wall Street Zen cut Dover from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Mizuho cut their price target on Dover from $270.00 to $245.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Eleven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $238.60.

Dover Price Performance

Shares of DOV opened at $202.38 on Friday. The company has a 50 day moving average price of $194.60 and a 200-day moving average price of $209.70. Dover has a fifty-two week low of $176.91 and a fifty-two week high of $237.54. The stock has a market capitalization of $26.92 billion, a PE ratio of 23.59, a PEG ratio of 1.83 and a beta of 1.10. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.37 and a current ratio of 1.95.

Dover (NYSE:DOV) last posted its earnings results on Thursday, October 22nd. The industrial products company reported $2.88 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.03. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.22 billion. Dover had a net margin of 13.60% and a return on equity of 18.68%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.62 EPS.

Institutional Investors Weigh In On Dover

A number of hedge funds and other institutional investors have recently bought and sold shares of DOV. Callan Family Office LLC acquired a new position in shares of Dover during the second quarter worth $702,000. Concurrent Investment Advisors LLC lifted its holdings in shares of Dover by 239.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,204 shares of the industrial products company’s stock valued at $3,186,000 after purchasing an additional 10,020 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Dover by 5.0% in the 2nd quarter. Hsbc Holdings PLC now owns 941,695 shares of the industrial products company’s stock worth $211,269,000 after purchasing an additional 44,854 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of Dover by 1,356.0% in the 2nd quarter. Squarepoint Ops LLC now owns 25,989 shares of the industrial products company’s stock worth $5,829,000 after purchasing an additional 24,204 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Dover by 99.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 14,701 shares of the industrial products company’s stock worth $3,297,000 after purchasing an additional 7,322 shares in the last quarter. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Insider Activity at Dover

In other news, CEO Richard Tobin sold 86,440 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $214.86, for a total value of $18,572,498.40. Following the sale, the chief executive officer directly owned 212,855 shares in the company, valued at approximately $45,734,025.30. This trade represents a 28.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

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.