Dover (NYSE:DOV) Releases FY 2026 Earnings Guidance

24 Apr 2026, 11:08 by Jessica Moore · The Cerbat Gem

Dover (NYSE:DOV – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 10.450-10.650 for the period, compared to the consensus estimate of 10.580. The company issued revenue guidance of $8.5 billion-$8.7 billion, compared to the consensus revenue estimate of $8.6 billion.

Analysts Set New Price Targets

Several research analysts have recently commented on DOV shares. Robert W. Baird raised their price target on Dover from $255.00 to $279.00 and gave the stock an “outperform” rating in a research report on Friday. Citigroup boosted their target price on Dover from $231.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Wall Street Zen upgraded Dover from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. The Goldman Sachs Group reissued a “buy” rating and set a $224.00 price objective on shares of Dover in a research report on Saturday, January 31st. Finally, Wells Fargo & Company raised shares of Dover from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $210.00 to $230.00 in a report on Tuesday, March 17th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $233.08.

Check Out Our Latest Stock Report on DOV

Dover Stock Performance

NYSE DOV opened at $228.50 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.79 and a debt-to-equity ratio of 0.35. The stock has a market cap of $30.80 billion, a price-to-earnings ratio of 28.78, a price-to-earnings-growth ratio of 1.66 and a beta of 1.25. Dover has a fifty-two week low of $158.14 and a fifty-two week high of $237.54. The business has a fifty day moving average of $216.98 and a 200-day moving average of $200.51.

Dover (NYSE:DOV – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The industrial products company reported $2.28 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.01. Dover had a net margin of 13.52% and a return on equity of 17.87%. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same quarter in the previous year, the business posted $2.05 earnings per share. The company’s revenue was up 10.1% on a year-over-year basis. Dover has set its FY 2026 guidance at 10.450-10.650 EPS. As a group, analysts predict that Dover will post 10.54 earnings per share for the current fiscal year.

Dover Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a $0.52 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.9%. Dover’s dividend payout ratio (DPR) is 26.20%.

Insider Activity

In other news, VP Girish Juneja sold 1,500 shares of Dover stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $230.77, for a total transaction of $346,155.00. Following the sale, the vice president directly owned 8,422 shares of the company’s stock, valued at approximately $1,943,544.94. The trade was a 15.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard J. Tobin sold 76,997 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $232.70, for a total transaction of $17,917,201.90. Following the transaction, the chief executive officer directly owned 217,979 shares of the company’s stock, valued at approximately $50,723,713.30. This represents a 26.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,497 shares of company stock worth $19,196,277 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Key Dover News

Here are the key news stories impacting Dover this week:

Positive Sentiment: Robert W. Baird raised its price target on DOV from $255 to $279 and reiterated an “Outperform” rating, implying ~22% upside from the recent open — a bullish catalyst for investor sentiment. Baird raises price target
Positive Sentiment: Dover reported Q1 EPS of $2.28, narrowly beating consensus ($2.27) and showing double-digit year-over-year EPS growth; management cited solid demand and rising bookings across segments. This supports expectations for continued profitable growth. Dover Q1 Earnings Beat Estimates, Rise Y/Y on Solid Demand
Positive Sentiment: Product/market expansion: Waukesha Bearings (a Dover unit) launched the NordAlign™ bearing for wind-turbine main shafts — a strategic product win that could support exposure to renewable-energy and aftermarket demand. Waukesha Bearings Unveils NordAlign Bearing
Neutral Sentiment: Dover set FY2026 EPS guidance of $10.45–$10.65 (consensus ~10.58) and revenue guidance ~$8.5–8.7B (consensus ~8.6B) — broadly in line with Street expectations but offering limited upside surprise. Dover FY2026 guidance (press release/slide deck)
Neutral Sentiment: Dover confirmed no material changes to its 2025 risk profile but disclosed a new Regulation-category risk and directed investors to its prior 10‑K — a routine compliance update that merits review but is not an immediate earnings driver. Dover confirms no material changes to 2025 risk profile
Neutral Sentiment: Analyst/forecast notes: Zacks and other outlets have published coverage and longer-term (FY2028) model updates — useful for valuation context but not immediate catalysts. Zacks Research Estimates Dover’s FY2028 Earnings
Negative Sentiment: Revenue missed Street expectations: Q1 revenue was $2.05B versus analysts’ ~$2.19B estimate, which could temper near-term multiple expansion despite the EPS beat and strong margins. Dover Q1 revenue below estimates

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Dover by 62.1% in the 4th quarter. Brighton Jones LLC now owns 2,944 shares of the industrial products company’s stock worth $552,000 after buying an additional 1,128 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Dover by 4.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,377 shares of the industrial products company’s stock valued at $2,526,000 after purchasing an additional 676 shares during the period. Empowered Funds LLC lifted its stake in shares of Dover by 11.8% in the first quarter. Empowered Funds LLC now owns 15,006 shares of the industrial products company’s stock worth $2,636,000 after buying an additional 1,580 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dover during the 2nd quarter worth $488,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in Dover in the 2nd quarter worth $1,030,000. 84.46% of the stock is currently owned by institutional investors and hedge funds.

About Dover

(Get Free Report)

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.