Dover (NYSE:DOV) Issues FY 2026 Earnings Guidance

Dover (NYSE:DOV) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 10.450-10.650 for the period, compared to the consensus earnings per share estimate of 10.620. The company issued revenue guidance of $8.5 billion-$8.7 billion, compared to the consensus revenue estimate of $8.5 billion.

Dover Stock Down 0.5%

DOV opened at $201.57 on Friday. The company has a fifty day moving average of $198.14 and a two-hundred day moving average of $183.96. The stock has a market capitalization of $27.64 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 1.41 and a beta of 1.31. Dover has a fifty-two week low of $143.04 and a fifty-two week high of $222.31. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.44 and a current ratio of 1.79.

Dover (NYSE:DOV) last announced its earnings results on Thursday, January 29th. The industrial products company reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.03. The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. Dover had a return on equity of 17.87% and a net margin of 13.52%.The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.20 EPS. On average, research analysts expect that Dover will post 9.45 earnings per share for the current year.

Dover Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 28th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.0%. Dover’s payout ratio is currently 12.79%.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price objective on Dover from $230.00 to $240.00 and gave the company an “overweight” rating in a report on Friday. Wells Fargo & Company boosted their price target on shares of Dover from $205.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday. Barclays upped their price objective on shares of Dover from $195.00 to $205.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Royal Bank Of Canada raised their target price on shares of Dover from $199.00 to $209.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, Wall Street Zen lowered Dover from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $222.67.

Insiders Place Their Bets

In other Dover news, SVP Ivonne M. Cabrera sold 2,630 shares of Dover stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $190.80, for a total value of $501,804.00. Following the sale, the senior vice president owned 72,968 shares in the company, valued at $13,922,294.40. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Christopher B. Woenker sold 1,627 shares of the stock in a transaction on Friday, November 28th. The stock was sold at an average price of $186.04, for a total value of $302,687.08. Following the transaction, the chief financial officer owned 2,553 shares of the company’s stock, valued at approximately $474,960.12. This represents a 38.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.30% of the stock is owned by insiders.

Dover News Roundup

Here are the key news stories impacting Dover this week:

• Positive Sentiment: Q4 results beat expectations — Dover reported $2.51 EPS (toppling the $2.48 consensus) and revenue (~$2.10B) rose ~8.8% y/y, with margins and bookings improving; this confirms accelerating organic growth. Read More.
• Positive Sentiment: Data‑center demand helped results — management cited strong demand for AI/data‑center liquid‑cooling products as a driver of Q4 profit growth, signaling exposure to a higher‑growth end market. Read More.
• Positive Sentiment: New product launch supports long‑term end markets — SWEP (a Dover business) introduced an all‑stainless heat‑exchanger product aimed at electronics/semiconductor cooling, strengthening product exposure to secular trends. Read More.
• Neutral Sentiment: Analyst action mixed — Wells Fargo nudged its price target to $210 from $205 but kept an “equal weight” rating, a modest positive on valuation but not a bullish endorsement. Read More.
• Neutral Sentiment: Investor materials available — Management hosted the Q4 call and published the press release and slide deck (useful for digging into segment dynamics, margin drivers and backlog details). Read More.
• Negative Sentiment: FY‑2026 guidance slightly soft on EPS — Dover guided EPS to $10.45–$10.65 vs. a consensus near $10.62; the lower end of the range and tightness around consensus likely disappointed some investors and capped upside given the beat elsewhere.
• Negative Sentiment: Market caution — some commentators urged patience ahead of the quarter (e.g., cautious take from commentators like Jim Cramer), contributing to muted investor reaction despite the beat. Read More.

Hedge Funds Weigh In On Dover

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp raised its stake in shares of Dover by 1.3% in the third quarter. State Street Corp now owns 6,533,361 shares of the industrial products company’s stock valued at $1,089,961,000 after acquiring an additional 86,212 shares in the last quarter. Wellington Management Group LLP raised its position in Dover by 16.1% in the 3rd quarter. Wellington Management Group LLP now owns 2,130,657 shares of the industrial products company’s stock valued at $355,458,000 after purchasing an additional 294,856 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Dover by 65.2% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,317,787 shares of the industrial products company’s stock valued at $219,846,000 after buying an additional 520,211 shares during the period. AQR Capital Management LLC grew its position in shares of Dover by 47.2% during the third quarter. AQR Capital Management LLC now owns 1,161,628 shares of the industrial products company’s stock worth $193,574,000 after buying an additional 372,219 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of Dover by 3.9% during the third quarter. UBS Group AG now owns 1,043,127 shares of the industrial products company’s stock worth $174,025,000 after buying an additional 39,573 shares during the period. Hedge funds and other institutional investors own 84.46% of the company’s stock.

Dover Company Profile

Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.

Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.