Seaport Res Ptn Issues Negative Forecast for Dover Earnings

Dover Co. (NYSE:DOV) – Equities research analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share estimates for shares of Dover in a research note issued on Thursday, March 13th. Seaport Res Ptn analyst W. Liptak now anticipates that the industrial products company will post earnings of $1.99 per share for the quarter, down from their prior forecast of $2.04. The consensus estimate for Dover’s current full-year earnings is $9.45 per share. Seaport Res Ptn also issued estimates for Dover’s Q4 2025 earnings at $2.53 EPS, Q1 2026 earnings at $2.19 EPS, Q3 2026 earnings at $2.74 EPS and Q4 2026 earnings at $2.74 EPS.

A number of other equities research analysts have also commented on DOV. JPMorgan Chase & Co. upped their price target on Dover from $208.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Royal Bank of Canada upped their target price on Dover from $196.00 to $214.00 and gave the company a “sector perform” rating in a research report on Friday, January 31st. Barclays upped their target price on Dover from $205.00 to $213.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Wells Fargo & Company upped their target price on Dover from $200.00 to $215.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Finally, Oppenheimer restated an “outperform” rating and set a $225.00 target price (up previously from $220.00) on shares of Dover in a research report on Friday, January 31st. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $218.91.

Dover Trading Down 2.7 %

NYSE DOV opened at $176.93 on Friday. The business’s 50-day moving average price is $195.43 and its two-hundred day moving average price is $193.63. Dover has a 12 month low of $168.20 and a 12 month high of $222.31. The firm has a market capitalization of $24.28 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 2.06 and a beta of 1.24. The company has a current ratio of 2.04, a quick ratio of 1.52 and a debt-to-equity ratio of 0.36.

Dover (NYSE:DOV) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $2.20 EPS for the quarter, meeting analysts’ consensus estimates of $2.20. Dover had a return on equity of 21.03% and a net margin of 32.95%.

Dover Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.515 dividend. This represents a $2.06 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, February 28th. Dover’s dividend payout ratio (DPR) is presently 10.59%.

Institutional Trading of Dover

Institutional investors and hedge funds have recently modified their holdings of the stock. Financial Life Planners purchased a new stake in shares of Dover in the fourth quarter worth approximately $28,000. Ashton Thomas Securities LLC purchased a new stake in shares of Dover in the third quarter worth approximately $33,000. R Squared Ltd purchased a new stake in shares of Dover in the fourth quarter worth approximately $34,000. EverSource Wealth Advisors LLC raised its stake in shares of Dover by 79.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 197 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 87 shares during the last quarter. Finally, Kieckhefer Group LLC purchased a new stake in shares of Dover in the fourth quarter worth approximately $38,000. 84.46% of the stock is owned by hedge funds and other 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.