FY2025 EPS Estimates for Dover Co. (NYSE:DOV) Raised by Zacks Research

Dover Co. (NYSE:DOV – Free Report) – Zacks Research analysts raised their FY2025 earnings estimates for shares of Dover in a research report issued on Tuesday, July 23. Zacks Research analyst S. Deb now expects the industrial products company to post earnings of $9.73 per share for the year, up from their previous forecast of $9.71. The consensus estimate for Dover’s current full-year earnings is $9.10 per share. Zacks Research also issued estimates for Dover’s Q4 2025 earnings of $2.71 EPS.

Dover (NYSE:DOV – Get Free Report) last released its quarterly earnings results on Thursday, April 25. The industrial products company reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.88 by $0.07. The company had revenue of $2.09 billion for the quarter, compared to analysts’ estimates of $2.03 billion. Dover had a net margin of 17.28% and a return on equity of 25.04%. Dover’s revenue increased 0.7% compared to the year-ago quarter. In the year-ago quarter, the company had earnings per share of $1.94.

DOV has been the subject of a number of other research reports. Robert W. Baird again issued an “outperform” rating and set a $208.00 price target on shares of Dover in a research report on Monday. Citigroup increased their price target on shares of Dover from $180.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, April 8th. Mizuho increased their price target on shares of Dover from $180.00 to $185.00 and gave the company a “buy” rating in a report on Friday, April 26th. Wells Fargo & Company increased their price target on shares of Dover from $177.00 to $190.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Finally, Barclays raised their price objective on Dover from $180.00 to $186.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Dover currently has an average rating of “Moderate Buy” and a consensus price target of $185.75, according to data from MarketBeat.

Read our latest analysis on DOV

Dover Price Performance

Shares of DOV opened at $180.37 on Wednesday. The company has a 50-day moving average of $181.60 and a 200-day moving average of $172.12. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 0.89. The company has a market cap of $24.79 billion, a price-to-earnings ratio of 17.33, a price-to-earnings growth ratio of 2.23 and a beta of 1.22. Dover has a 1-year low of $127.25 and a 1-year high of $192.31.

Institutional investors weigh in on Dover

A number of hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in Dover by 112.9% in the 4th quarter. SG Americas Securities LLC now owns 11,409 shares of the industrial products company’s stock worth $1,755,000 after purchasing an additional 6,050 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in Dover by 0.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 45,281 shares of the industrial products company’s stock worth $6,965,000 after purchasing an additional 415 shares during the last quarter. Pacer Advisors Inc. increased its position in Dover by 12.4% in the 4th quarter. Pacer Advisors Inc. now owns 10,218 shares of the industrial products company’s stock worth $1,572,000 after acquiring an additional 1,124 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in Dover during the 4th quarter worth approximately $309,000. Finally, Assenagon Asset Management SA increased its holdings in Dover by 31.5% during the 4th quarter. Assenagon Asset Management SA now owns 20,256 shares of the industrial products company’s stock worth $3,116,000 after acquiring an additional 4,851 shares in the last quarter. Institutional investors and hedge funds own 84.46% of the company’s stock.

Dover Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were paid a dividend of $0.51. The ex-dividend date was Friday, May 31st. This represents an annualized dividend of $2.04 and a yield of 1.13%. Dover’s payout ratio is currently 19.60%.

Dover Company Profile

(Get free report)

Dover Corporation is a global provider of equipment and components, consumables, aftermarket parts, software and digital solutions, and support services. The company’s Engineered Products segment provides diverse equipment, components, software, solutions and services used in the automotive aftermarket, waste management, industrial automation, aerospace and defense, industrial winches and hoists, and the fluid dispensing end market.

Featured Stories

Get news and reviews for Dover Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings on Dover and related companies with MarketBeat.com’s FREE daily email newsletter.