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With a market cap of $24.6 billion, Dover Corporation (DOV) is a diversified global manufacturer and solutions provider. The Downers Grove, Illinois-based company operates through Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies segments.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Dover fits this description perfectly. The company delivers innovative equipment, components, and specialty systems across a wide range of industries. It supports critical operations in industrial automation, retail fueling, and packaging.
Dover’s stock dropped 19.1% from its 52-week high of $222.31. Shares of DOV have declined marginally over the past three months, lagging behind the broader Dow Jones Industrials Average's ($DOWI) 2.5% increase.
On a YTD basis, DOV stock has dipped 4.2%, performing weaker than the DOWI’s marginal decrease. Moreover, shares of Dover have gained 1.4% over the past 52 weeks, notably underperforming the Dow Jones’ 10.2% rise over the same time frame.
The stock has remained below its 200-day moving average since March. However, the stock has been trading above its 50-day moving average since early May.
Shares of Dover rose 2% following the release of its mixed Q1 2025 results on Apr. 24. Adjusted EPS came in at $2.05, reflecting a strong 19.2% increase year-over-year and surpassing analysts’ estimates of $1.99. For fiscal 2025, Dover expects revenue growth between 2% and 4%, with adjusted EPS projected in the range of $9.20 to $9.40. However, the company reported revenue of $1.9 billion, down nearly 1% year-over-year, and below Wall Street expectations.
In contrast, rival Ingersoll Rand Inc. (IR) has lagged behind DOV's stock performance. IR stock has crumbled 9.8% on a YTD basis and 10.8% over the past 52 weeks.
Although the stock has underperformed relative to the Dow, analysts have a moderately optimistic outlook. With 15 analysts covering the stock, the consensus rating is “Moderate Buy,” and it is currently trading below the mean price target of $203.93.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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