Zacks Research Has Negative Forecast for Dover Q4 Earnings

Dover Corporation (NYSE:DOV) – Research analysts at Zacks Research reduced their Q4 2026 EPS estimates for shares of Dover in a research note issued to investors on Thursday, February 12th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.69 per share for the quarter, down from their previous estimate of $2.74. The consensus estimate for Dover’s current full-year earnings is $9.45 per share. Zacks Research also issued estimates for Dover’s Q1 2027 earnings at $2.49 EPS, Q3 2027 earnings at $2.89 EPS, Q4 2027 earnings at $2.86 EPS and FY2027 earnings at $11.10 EPS.

A number of other brokerages also recently issued reports on DOV. Robert W. Baird set a $255.00 price objective on Dover in a research report on Friday, January 30th. Royal Bank Of Canada raised their price target on shares of Dover from $199.00 to $209.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Barclays set a $206.00 price objective on shares of Dover in a research note on Monday, February 2nd. Wall Street Zen downgraded shares of Dover from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Citigroup reaffirmed a “buy” rating on shares of Dover in a research report on Monday, January 12th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Dover presently has a consensus rating of “Moderate Buy” and an average price target of $224.00.

Dover Stock Up 0.7%

Shares of DOV opened at $233.18 on Monday. The stock’s 50-day moving average price is $206.99 and its two-hundred day moving average price is $187.23. Dover has a 12 month low of $143.04 and a 12 month high of $237.54. The company has a market capitalization of $31.98 billion, a PE ratio of 29.37, a PEG ratio of 1.78 and a beta of 1.29. The company has a current ratio of 1.79, a quick ratio of 1.28 and a debt-to-equity ratio of 0.35.

Dover (NYSE:DOV) last issued its quarterly earnings results on Thursday, January 29th. The industrial products company reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.03. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. Dover had a net margin of 13.52% and a return on equity of 17.87%. Dover’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.20 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Financial Life Planners bought a new position in Dover in the 3rd quarter valued at about $25,000. Meeder Asset Management Inc. raised its stake in shares of Dover by 234.2% in the fourth quarter. Meeder Asset Management Inc. now owns 127 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 89 shares during the last quarter. AdvisorShares Investments LLC bought a new position in shares of Dover in the second quarter valued at approximately $30,000. Tompkins Financial Corp boosted its position in shares of Dover by 102.7% during the fourth quarter. Tompkins Financial Corp now owns 152 shares of the industrial products company’s stock valued at $30,000 after buying an additional 77 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in Dover by 122.4% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $31,000 after buying an additional 93 shares in the last quarter. 84.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Dover

In other news, CFO Christopher B. Woenker sold 1,627 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $186.04, for a total transaction of $302,687.08. Following the transaction, the chief financial officer directly owned 2,553 shares of the company’s stock, valued at $474,960.12. This represents a 38.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Girish Juneja sold 1,500 shares of Dover stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $230.77, for a total transaction of $346,155.00. Following the completion of the sale, the vice president directly owned 8,422 shares of the company’s stock, valued at approximately $1,943,544.94. The trade was a 15.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 5,757 shares of company stock valued at $1,150,646 in the last three months. Corporate insiders own 1.20% of the company’s stock.

Dover Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $0.52 dividend. The ex-dividend date is Friday, February 27th. This represents a $2.08 annualized dividend and a dividend yield of 0.9%. Dover’s dividend payout ratio (DPR) is currently 26.20%.

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.