Dover Co. (NYSE:DOV – Free Report) – Stock analysts at Zacks Research upped their Q1 2026 earnings estimates for shares of Dover in a research note issued to investors on Tuesday, September 17th. Zacks Research analyst S. Deb now expects that the industrial products company will post earnings per share of $2.32 for the quarter, up from their prior estimate of $2.31. The consensus estimate for Dover’s current full-year earnings is $9.17 per share.
DOV has been the topic of a number of other research reports. Royal Bank of Canada raised their price objective on Dover from $192.00 to $193.00 and gave the company a “sector perform” rating in a research report on Friday, July 26th. Mizuho raised their price target on shares of Dover from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $208.00 price objective on shares of Dover in a research note on Monday, July 22nd. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.63.
Dover Trading Down 1.1 %
Shares of NYSE:DOV opened at $189.12 on Friday. The company has a market capitalization of $25.99 billion, a PE ratio of 18.17, a P/E/G ratio of 2.17 and a beta of 1.22. The company has a current ratio of 1.53, a quick ratio of 0.95 and a debt-to-equity ratio of 0.55. Dover has a 12-month low of $127.25 and a 12-month high of $192.31. The business’s fifty day simple moving average is $181.83 and its 200-day simple moving average is $179.43.
Dover (NYSE:DOV – Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The industrial products company reported $2.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.15. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.15 billion. Dover had a net margin of 17.58% and a return on equity of 24.94%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $2.05 earnings per share.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. LRI Investments LLC purchased a new stake in Dover in the first quarter valued at $28,000. McClarren Financial Advisors Inc. boosted its stake in shares of Dover by 4,400.0% in the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock worth $32,000 after buying an additional 176 shares during the last quarter. Fairscale Capital LLC acquired a new stake in Dover during the second quarter worth about $34,000. Ashton Thomas Private Wealth LLC purchased a new position in Dover during the second quarter valued at approximately $41,000. Finally, Transcendent Capital Group LLC lifted its holdings in Dover by 208.0% in the first quarter. Transcendent Capital Group LLC now owns 231 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 84.46% of the company’s stock.
Insider Buying and Selling at Dover
In other news, CFO Brad M. Cerepak sold 4,341 shares of Dover stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $184.59, for a total transaction of $801,305.19. Following the completion of the sale, the chief financial officer now directly owns 12,324 shares in the company, valued at $2,274,887.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Brad M. Cerepak sold 4,341 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $184.59, for a total value of $801,305.19. Following the completion of the transaction, the chief financial officer now directly owns 12,324 shares in the company, valued at $2,274,887.16. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Brad M. Cerepak sold 14,818 shares of Dover stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $175.00, for a total value of $2,593,150.00. Following the sale, the chief financial officer now directly owns 12,324 shares of the company’s stock, valued at approximately $2,156,700. The disclosure for this sale can be found here. In the last quarter, insiders have sold 45,383 shares of company stock worth $8,169,883. 1.30% of the stock is owned by corporate insiders.
Dover Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Friday, August 30th. This is an increase from Dover’s previous quarterly dividend of $0.51. Dover’s payout ratio is currently 19.79%.
Dover Company Profile
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.
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