Dover (NYSE:DOV) Updates FY 2026 Earnings Guidance

Dover (NYSE:DOV) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 10.450-10.650 for the period, compared to the consensus earnings per share estimate of 10.580. The company issued revenue guidance of $8.5 billion-$8.7 billion, compared to the consensus revenue estimate of $8.6 billion.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DOV. Citigroup raised their price objective on shares of Dover from $231.00 to $253.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Robert W. Baird set a $255.00 price objective on shares of Dover in a report on Friday, January 30th. Barclays set a $206.00 price objective on shares of Dover in a report on Monday, February 2nd. BMO Capital Markets assumed coverage on shares of Dover in a research note on Friday, March 27th. They issued a “market perform” rating and a $237.00 target price for the company. Finally, Oppenheimer lifted their target price on shares of Dover from $232.00 to $242.00 and gave the stock an “outperform” rating in a research note on Monday. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Dover has a consensus rating of “Moderate Buy” and an average target price of $229.38.

Dover Stock Performance

Shares of DOV traded up $15.78 during trading hours on Thursday, hitting $231.95. The company’s stock had a trading volume of 615,881 shares, compared to its average volume of 1,232,818. The company has a market cap of $31.27 billion, a price-to-earnings ratio of 29.14, a PEG ratio of 1.70 and a beta of 1.25. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.79 and a quick ratio of 1.28. The business has a 50 day simple moving average of $217.02 and a two-hundred day simple moving average of $200.31. Dover has a 52-week low of $158.14 and a 52-week high of $237.54.

Dover (NYSE:DOV) last released its quarterly earnings data 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. Dover had a net margin of 13.52% and a return on equity of 17.87%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the business earned $2.05 earnings per share. Dover’s revenue was up 10.1% compared to the same quarter last year. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. On average, equities analysts expect that Dover will post 10.54 earnings per share for the current fiscal year.

Dover Dividend Announcement

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

Insider Activity

In other news, VP Girish Juneja sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $230.77, for a total value of $346,155.00. Following the completion of the transaction, the vice president directly owned 8,422 shares in the company, valued at approximately $1,943,544.94. This trade represents a 15.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ivonne M. Cabrera sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $233.23, for a total transaction of $932,920.00. Following the completion of the transaction, the senior vice president owned 72,188 shares of the company’s stock, valued at $16,836,407.24. This trade represents a 5.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 82,497 shares of company stock worth $19,196,277. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Dover

Several hedge funds have recently bought and sold shares of the stock. Claris Financial LLC bought a new stake in Dover during the fourth quarter valued at approximately $306,000. Axxcess Wealth Management LLC lifted its holdings in shares of Dover by 11.6% in the 4th quarter. Axxcess Wealth Management LLC now owns 6,789 shares of the industrial products company’s stock worth $1,326,000 after acquiring an additional 706 shares during the last quarter. Royal Capital Wealth Management LLC bought a new stake in shares of Dover in the 4th quarter worth approximately $200,000. Alpine Woods Capital Investors LLC bought a new stake in shares of Dover in the 4th quarter worth approximately $215,000. Finally, First Commonwealth Financial Corp PA lifted its holdings in shares of Dover by 6.9% in the 4th quarter. First Commonwealth Financial Corp PA now owns 4,017 shares of the industrial products company’s stock worth $784,000 after acquiring an additional 261 shares during the last quarter. 84.46% of the stock is currently owned by 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.