Dover Co. (NYSE:DOV) to Post Q1 2025 Earnings of $2.11 Per Share, Zacks Research Forecasts

Dover Co. (NYSE:DOV) – Stock analysts at Zacks Research boosted their Q1 2025 earnings estimates for 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 earn $2.11 per share for the quarter, up from their prior estimate of $2.10. The consensus estimate for Dover’s current full-year earnings is $9.17 per share. Zacks Research also issued estimates for Dover’s Q2 2025 earnings at $2.37 EPS, Q3 2025 earnings at $2.59 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $9.75 EPS and FY2026 earnings at $10.13 EPS.

A number of other research analysts have also recently commented on DOV. Royal Bank of Canada increased their price target on shares of Dover from $192.00 to $193.00 and gave the company a “sector perform” rating in a research report on Friday, July 26th. Robert W. Baird reiterated an “outperform” rating and set a $208.00 price target on shares of Dover in a research report on Monday, July 22nd. Finally, Mizuho increased their price target on shares of Dover from $185.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Dover currently has an average rating of “Moderate Buy” and an average price target of $192.63.

Dover Stock Down 1.1 %

DOV stock opened at $189.12 on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.95 and a debt-to-equity ratio of 0.55. The company’s 50 day moving average is $181.73 and its 200 day moving average is $179.28. The stock has a market cap of $25.99 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 2.17 and a beta of 1.22. Dover has a 1-year low of $127.25 and a 1-year high of $192.31.

Dover (NYSE:DOV) last posted its quarterly earnings data on Thursday, July 25th. The industrial products company reported $2.36 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.15. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Dover had a net margin of 17.58% and a return on equity of 24.94%. Dover’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.05 earnings per share.

Dover Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a $0.515 dividend. This is a boost from Dover’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, August 30th. This represents a $2.06 annualized dividend and a dividend yield of 1.09%. Dover’s dividend payout ratio (DPR) is currently 19.79%.

Insider Transactions at Dover

In other news, CFO Brad M. Cerepak sold 14,818 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $175.00, for a total value of $2,593,150.00. Following the transaction, the chief financial officer now owns 12,324 shares in the company, valued at $2,156,700. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Brad M. Cerepak sold 14,818 shares of the firm’s stock in a transaction on 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 completion of the sale, the chief financial officer now owns 12,324 shares of the company’s stock, valued at $2,156,700. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brad M. Cerepak sold 4,341 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer now directly owns 12,324 shares of the company’s stock, valued at approximately $2,274,887.16. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,383 shares of company stock worth $8,169,883. Insiders own 1.30% of the company’s stock.

Institutional Trading of Dover

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. LRI Investments LLC purchased a new position in Dover during the first quarter valued at $27,000. McClarren Financial Advisors Inc. lifted its position in Dover by 4,400.0% during the second quarter. McClarren Financial Advisors Inc. now owns 180 shares of the industrial products company’s stock valued at $32,000 after buying an additional 176 shares during the period. Fairscale Capital LLC purchased a new position in Dover during the second quarter valued at $34,000. Transcendent Capital Group LLC lifted its position in Dover by 208.0% during the first quarter. Transcendent Capital Group LLC now owns 231 shares of the industrial products company’s stock valued at $41,000 after buying an additional 156 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Dover during the second quarter valued at $41,000. Hedge funds and other institutional investors own 84.46% of the company’s stock.

About Dover

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.