Brokers Set Expectations for Dover’s Q2 Earnings (NYSE:DOV)

Dover Co. (NYSE:DOV) – Zacks Research boosted their Q2 2025 earnings per share estimates for Dover in a research note issued on Thursday, February 13th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $2.37 per share for the quarter, up from their prior forecast of $2.35. The consensus estimate for Dover’s current full-year earnings is $9.47 per share. Zacks Research also issued estimates for Dover’s Q2 2026 earnings at $2.54 EPS.

Several other brokerages have also recently weighed in on DOV. Royal Bank of Canada lifted their price target on Dover from $196.00 to $214.00 and gave the company a “sector perform” rating in a research report on Friday, January 31st. The Goldman Sachs Group lifted their price target on Dover from $202.00 to $223.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Barclays lifted their price target on Dover from $205.00 to $213.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Wolfe Research upgraded Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price objective for the company in a research report on Monday, October 28th. Finally, Wells Fargo & Company boosted their price objective on Dover from $200.00 to $215.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $218.91.

Dover Stock Up 1.4 %

Shares of DOV stock opened at $205.21 on Monday. The stock has a 50 day moving average of $195.35 and a 200 day moving average of $192.09. The company has a current ratio of 2.04, a quick ratio of 1.52 and a debt-to-equity ratio of 0.36. The stock has a market cap of $28.15 billion, a P/E ratio of 10.55, a P/E/G ratio of 2.03 and a beta of 1.24. Dover has a twelve month low of $159.48 and a twelve month high of $222.31.

Dover (NYSE:DOV) last released its earnings results on Thursday, January 30th. The industrial products company reported $2.20 EPS for the quarter, hitting analysts’ consensus estimates of $2.20. Dover had a return on equity of 21.03% and a net margin of 32.95%.

Hedge Funds Weigh In On Dover

Several large investors have recently modified their holdings of DOV. Norges Bank acquired a new position in shares of Dover in the 4th quarter valued at $316,228,000. Balyasny Asset Management L.P. acquired a new position in shares of Dover in the 4th quarter valued at $99,017,000. Adage Capital Partners GP L.L.C. lifted its stake in shares of Dover by 31.6% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 2,182,995 shares of the industrial products company’s stock valued at $409,530,000 after purchasing an additional 524,092 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Dover by 352.9% in the 4th quarter. Woodline Partners LP now owns 385,180 shares of the industrial products company’s stock valued at $72,260,000 after purchasing an additional 300,124 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Dover by 16.6% in the 4th quarter. Northern Trust Corp now owns 1,726,523 shares of the industrial products company’s stock valued at $323,896,000 after purchasing an additional 245,535 shares during the last quarter. Institutional investors and hedge funds own 84.46% of the company’s stock.

Dover Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.515 dividend. This represents a $2.06 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, February 28th. Dover’s dividend payout ratio (DPR) is presently 10.59%.

About Dover

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.