Dover Co. (NYSE:DOV – Free Report) – Investment analysts at Zacks Research raised their FY2025 EPS estimates for Dover in a research note issued on Thursday, December 12th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $9.17 per share for the year, up from their previous forecast of $9.16. The consensus estimate for Dover’s current full-year earnings is $8.17 per share. Zacks Research also issued estimates for Dover’s Q1 2026 earnings at $2.22 EPS.
Several other brokerages have also commented on DOV. Barclays boosted their price target on Dover from $190.00 to $205.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Citigroup increased their target price on shares of Dover from $226.00 to $236.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Wells Fargo & Company lifted their price target on shares of Dover from $190.00 to $197.00 and gave the company an “equal weight” rating in a report on Monday, September 30th. Mizuho raised their price objective on shares of Dover from $200.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Finally, JPMorgan Chase & Co. raised their price target on Dover from $210.00 to $212.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Dover has a consensus rating of “Moderate Buy” and a consensus target price of $213.91.
Dover Trading Down 1.6 %
DOV stock opened at $196.55 on Monday. Dover has a 1-year low of $143.96 and a 1-year high of $208.26. The company has a current ratio of 1.57, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $197.76 and its 200-day moving average is $187.68. The firm has a market cap of $26.97 billion, a P/E ratio of 17.58, a P/E/G ratio of 2.70 and a beta of 1.22.
Dover Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date was Friday, November 29th. Dover’s dividend payout ratio is currently 18.43%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DOV. Ashton Thomas Securities LLC bought a new position in Dover during the 3rd quarter worth about $33,000. McClarren Financial Advisors Inc. lifted its stake in shares of Dover by 4,400.0% during the 2nd 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 bought a new stake in shares of Dover during the second quarter worth approximately $34,000. Ashton Thomas Private Wealth LLC acquired a new position in Dover in the 2nd quarter valued at $41,000. Finally, Avior Wealth Management LLC increased its position in Dover by 183.5% during the third quarter. Avior Wealth Management LLC now owns 258 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 167 shares during the period. 84.46% of the stock is currently owned by institutional investors.
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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