Brokers Offer Predictions for Dover’s Q3 Earnings (NYSE:DOV)

Dover Corporation (NYSE:DOV) – Research analysts at Zacks Research raised their Q3 2026 earnings per share estimates for Dover in a research report issued to clients and investors on Thursday, June 11th. Zacks Research analyst Team now expects that the industrial products company will earn $2.83 per share for the quarter, up from their prior forecast 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.

Dover (NYSE:DOV) last released 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. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.19 billion. Dover had a return on equity of 18.01% and a net margin of 13.30%.Dover’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.05 EPS. Dover has set its FY 2026 guidance at 10.450-10.650 EPS.

DOV has been the subject of a number of other reports. Morgan Stanley increased their price target on Dover from $210.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, June 4th. Wells Fargo & Company raised Dover from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $210.00 to $230.00 in a research report on Tuesday, March 17th. Weiss Ratings lowered Dover from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 27th. Barclays upped their price objective on Dover from $206.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $252.00 price objective on shares of Dover in a research note on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Dover presently has a consensus rating of “Moderate Buy” and a consensus target price of $238.79.

Dover Trading Up 2.5%

NYSE DOV opened at $219.01 on Friday. The firm has a market capitalization of $29.49 billion, a P/E ratio of 27.31, a PEG ratio of 1.63 and a beta of 1.17. The business has a fifty day simple moving average of $215.84 and a 200 day simple moving average of $210.48. Dover has a 12 month low of $158.97 and a 12 month high of $237.54. The company has a current ratio of 1.87, a quick ratio of 1.32 and a debt-to-equity ratio of 0.35.

Dover Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Financial Life Planners bought a new position in shares of Dover during the 3rd quarter worth $25,000. Meeder Asset Management Inc. grew its stake in shares of Dover by 234.2% during the 4th quarter. Meeder Asset Management Inc. now owns 127 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 89 shares during the period. Reflection Asset Management bought a new position in shares of Dover during the 4th quarter worth $26,000. MV Capital Management Inc. bought a new position in shares of Dover during the 4th quarter worth $29,000. Finally, Tompkins Financial Corp grew its stake in shares of Dover by 102.7% during the 4th quarter. Tompkins Financial Corp now owns 152 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 77 shares during the period. Institutional investors own 84.46% of the company’s stock.

Dover Company Profile

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.