Equities Analysts Offer Predictions for Dover Q4 Earnings

Dover Corporation (NYSE:DOV) – Equities researchers at Zacks Research upped their Q4 2026 earnings per share (EPS) estimates for shares of Dover in a research report issued on Tuesday, September 29th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.75 per share for the quarter, up from their prior forecast of $2.74. The consensus estimate for Dover’s current full-year earnings is $10.67 per share. Zacks Research also issued estimates for Dover’s Q2 2027 earnings at $2.92 EPS, Q3 2027 earnings at $2.95 EPS, Q4 2027 earnings at $2.90 EPS, FY2027 earnings at $11.24 EPS, Q1 2028 earnings at $2.73 EPS, Q2 2028 earnings at $2.97 EPS and FY2028 earnings at $11.80 EPS.

Dover (NYSE:DOV) last posted its earnings results on Thursday, July 23rd. The industrial products company reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.72 by $0.02. The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.21 billion. Dover had a return on equity of 18.32% and a net margin of 13.48%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.44 earnings per share. Dover has set its FY 2026 guidance at 10.550-10.750 EPS.

DOV has been the subject of a number of other research reports. Morgan Stanley increased their target price on shares of Dover from $210.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, June 4th. Wolfe Research reaffirmed an “outperform” rating and issued a $262.00 price target on shares of Dover in a report on Thursday, July 9th. Royal Bank Of Canada reduced their price target on Dover from $252.00 to $227.00 and set a “sector perform” rating on the stock in a research report on Friday, July 24th. BMO Capital Markets upgraded Dover from a “market perform” rating to an “outperform” rating and decreased their price objective for the company from $255.00 to $240.00 in a report on Friday, July 24th. Finally, Wells Fargo & Company started coverage on Dover in a research note on Thursday, September 24th. They set an “overweight” rating and a $229.00 target price on the stock. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $238.21.

Dover Stock Up 0.6%

NYSE:DOV opened at $188.09 on Wednesday. The company’s 50-day simple moving average is $197.71 and its 200-day simple moving average is $209.38. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.41 and a current ratio of 1.98. Dover has a fifty-two week low of $158.97 and a fifty-two week high of $237.54. The stock has a market capitalization of $25.33 billion, a P/E ratio of 22.66, a P/E/G ratio of 1.42 and a beta of 1.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DOV. Callan Family Office LLC acquired a new stake in shares of Dover in the second quarter valued at $702,000. Concurrent Investment Advisors LLC grew its stake in Dover by 239.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,204 shares of the industrial products company’s stock worth $3,186,000 after purchasing an additional 10,020 shares in the last quarter. Squarepoint Ops LLC increased its holdings in Dover by 1,356.0% during the 2nd quarter. Squarepoint Ops LLC now owns 25,989 shares of the industrial products company’s stock worth $5,829,000 after purchasing an additional 24,204 shares during the period. Independent Financial Group LLC purchased a new stake in Dover during the 1st quarter worth about $1,367,000. Finally, E. Ohman J or Asset Management AB raised its position in Dover by 3,177.2% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 146,949 shares of the industrial products company’s stock valued at $32,958,000 after purchasing an additional 142,465 shares in the last quarter. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Dover Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.10 annualized dividend and a yield of 1.1%. This is a boost from Dover’s previous quarterly dividend of $0.52. Dover’s payout ratio is presently 25.30%.

More Dover News

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Broad-based upward revisions to earnings estimates: Zacks Research raised its estimates for Dover’s fourth-quarter 2026 EPS to $2.75 from $2.74, fiscal 2027 EPS to $11.24 from $11.21, and fiscal 2028 EPS to $11.80 from $11.76. It also made smaller increases to several 2027 and 2028 quarterly forecasts, signaling modestly improved expectations for future profitability. Dover analyst estimate report
• Positive Sentiment: Analyst price target indicates potential upside: Analysts cited by American Banking News set an average price target of $238.21, well above the stock’s referenced trading level near $188. This supports investor optimism, although price targets are forecasts rather than guarantees. Dover average analyst price target
• Neutral Sentiment: New products and technologies to be showcased: Dover operating companies will present convenience-store, fueling, and petroleum-equipment solutions at the NACS Show and PEI Convention in Las Vegas from October 6–9. The events could generate customer interest and commercial opportunities, but no contracts, revenue impact, or guidance changes were announced. Dover technology presentation announcement

About Dover

Dover Corporation is a diversified global manufacturer that develops and produces specialized equipment, components and engineered systems for industrial and commercial customers. Its businesses serve markets including industrial manufacturing, energy, transportation, food and beverage, refrigeration, and building services.

The company’s products include pumps, compressors, fluid-handling equipment, fueling and dispensing systems, refrigeration and heat-transfer technologies, printing and marking equipment, and engineered components.