Dover (NYSE:DOV) Updates FY 2026 Earnings Guidance

Dover (NYSE:DOV) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 10.450-10.650 for the period, compared to the consensus estimate of 10.620. The company issued revenue guidance of $8.5 billion-$8.7 billion, compared to the consensus revenue estimate of $8.5 billion.

Dover Stock Performance

Shares of DOV opened at $202.32 on Friday. Dover has a 52-week low of $143.04 and a 52-week high of $222.31. The stock’s 50-day simple moving average is $197.78 and its 200 day simple moving average is $183.89. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.44 and a current ratio of 2.04. The stock has a market capitalization of $27.75 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 1.43 and a beta of 1.31.

Dover (NYSE:DOV) last posted its quarterly earnings data on Thursday, January 29th. The industrial products company reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.03. The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Dover had a net margin of 28.37% and a return on equity of 17.62%. Dover’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.20 earnings per share. Research analysts forecast that Dover will post 9.45 EPS for the current fiscal year.

Dover Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 28th were given a $0.52 dividend. The ex-dividend date was Friday, November 28th. This represents a $2.08 annualized dividend and a yield of 1.0%. Dover’s payout ratio is presently 12.79%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DOV. Royal Bank Of Canada restated a “sector perform” rating and issued a $199.00 price objective on shares of Dover in a research report on Thursday, January 15th. Oppenheimer raised their target price on Dover from $228.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday. Barclays upped their price target on Dover from $195.00 to $205.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Wall Street Zen lowered Dover from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Wells Fargo & Company upped their target price on Dover from $200.00 to $205.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $218.45.

Insider Buying and Selling at Dover

In other Dover news, CFO Christopher B. Woenker sold 1,627 shares of the stock in a transaction 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 sale, the chief financial officer directly owned 2,553 shares in the company, valued at approximately $474,960.12. This trade represents a 38.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Ivonne M. Cabrera sold 2,630 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $190.80, for a total value of $501,804.00. Following the sale, the senior vice president directly owned 72,968 shares in the company, valued at $13,922,294.40. This trade represents a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.30% of the stock is owned by company insiders.

Key Headlines Impacting Dover

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus: reported $2.51 EPS vs. $2.48 expected and $2.10B revenue (up ~8.8% y/y); margins expanded and bookings improved, signaling healthy end‑market momentum. PR Newswire — Q4 Results
• Positive Sentiment: Data‑center/AI demand cited as a driver: management pointed to strong demand for liquid‑cooling products used in AI and data‑center applications, supporting higher margins and revenue growth in relevant segments. Reuters — AI cooling demand
• Positive Sentiment: Product innovation targeted at growing end markets: SWEP (a Dover business) launched an all‑stainless brazed plate heat exchanger aimed at electronics/semiconductor and next‑gen refrigerant applications — a commercial move aligned with secular semiconductor and data‑center trends. PR Newswire — SWEP product
• Neutral Sentiment: Earnings call / detailed metrics available: the full Q4 2025 earnings call transcript and analyst write‑ups provide detail on segment trends, margin drivers and bookings for investors doing deeper diligence. Seeking Alpha — Call transcript Zacks — Q4 analysis
• Negative Sentiment: FY‑2026 guidance was roughly in line on revenue but slightly soft on EPS: Dover gave EPS guidance of $10.45–$10.65 vs. a consensus ~$10.62 (midpoint ~$10.55, modestly below Street), and revenue guidance of $8.5B–$8.7B (around consensus). The lower EPS midpoint and conservative tone likely pressured the stock despite the beat.

Institutional Investors Weigh In On Dover

Hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in Dover by 62.1% during the fourth quarter. Brighton Jones LLC now owns 2,944 shares of the industrial products company’s stock valued at $552,000 after acquiring an additional 1,128 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Dover by 4.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,377 shares of the industrial products company’s stock valued at $2,526,000 after purchasing an additional 676 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Dover by 11.8% in the 1st quarter. Empowered Funds LLC now owns 15,006 shares of the industrial products company’s stock worth $2,636,000 after purchasing an additional 1,580 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Dover in the 2nd quarter worth approximately $488,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Dover in the second quarter worth approximately $1,030,000. 84.46% of the stock is currently owned by hedge funds and other institutional investors.

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.