Dover stock holds near $199 after Q2 beat
Published on 08/29/2026 at 14:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Dover Corp. (US25985P1030) is trading near $198.78 as of August 28, 2026, while the latest quarter showed $2.74 in EPS on $2.19 billion of revenue. The shares are also still close to the 52-week range of $158.97 to $237.54, which keeps valuation in view after the Q2 update.
Q2 still sets the tone
In the latest reported quarter, Dover posted EPS of $2.74 versus analyst estimates of $2.72, and revenue came in at $2.19 billion versus $2.21 billion expected. Revenue rose 6.8% from the same quarter a year earlier, giving investors a clear comparison point as they weigh the current multiple against the growth rate.
The same update put net margin at 13.48% and full-year 2026 EPS guidance at $10.55 to $10.75. That guidance range matters more than the daily tape because it frames whether the current share price is pricing in a modest beat or a sustained re-rating.
Dividends and targets
The quarterly dividend has been lifted to $0.525 a share, up from $0.52, with an ex-dividend date of August 31, 2026. At the same time, consensus price targets in market data point to $238.29, above the latest quote and still below the $288 high seen in analyst estimates.
That gap between the quote and the target range gives the stock a narrow but measurable valuation cushion. The market cap stood at $26.772 billion, and the stock's year-to-date gain was 1.81% in the latest quote snapshot.
Product angle
Dover Precision Components recently introduced Innovation Lab services to support testing and development for rotating and reciprocating machinery. The offering fits Dover's wider mix of engineered equipment, aftermarket parts, software, and services across industrial end markets.
Price and view
Dover stock last traded at $198.78 on August 28, 2026, with a market capitalization of $26.772 billion and a 52-week range of $158.97 to $237.54.
Fact box
Company: Dover Corp.
ISIN: US25985P1030
Ticker: DOV
Exchange: NYSE
Price (as of August 28, 2026, 12:31 p.m. PDT): $198.78 USD
Market cap: $26.772 billion
Sector / Industry: Industrials / Specialty Industrial Machinery
Index membership: S&P 500
Next earnings date: October 22, 2026
