Dover Corporation Surges to 433rd in Trading Volume with $203 Million in Transactions

On May 20, 2025, Dover Corporation (DOV) saw a trading volume of $203 million, marking a 57.9% increase from the previous day. This surge placed Dover at the 433rd position in terms of trading volume for the day. However, the stock price of Dover declined by 1.15%, marking the second consecutive day of decline, with a total decrease of 1.30% over the past two days.

Dover Corporation, headquartered in Downers Grove, Illinois, operates through five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. The company provides a wide range of equipment, components, consumable supplies, aftermarket parts, software and digital solutions, and support services globally.

Following the release of its Q1 earnings on April 24, Dover's shares surged by 2%. The company reported a revenue of $1.9 billion, which was flat year-over-year and marginally missed analyst estimates. However, its operating margin improved to 15.9% compared to 13.5% in the same quarter last year. Dover’s adjusted EPS amounted to $2.05, beating consensus estimates by 3%.

For the current year, analysts expect Dover’s EPS to increase by 12.8% year over year to $9.35. The company has a strong history of surpassing consensus estimates, having done so in each of the last four quarters. Currently, Dover stock has a consensus “Moderate Buy” rating, with nine out of 15 analysts rating it as a "Strong Buy" and six recommending a “Hold.”

On May 16, JPMorgan Chase & Co. analyst Stephen Tusa maintained an “Overweight” rating on Dover stock and raised the price target from $190 to $211. The mean price target for Dover is $199.20, indicating a 6.9% premium from the current market prices. The Street-high target of $230 suggests an impressive 23.4% upside potential from current price levels.

According to 12 analysts' twelve-month price targets for Dover, the average price target is $207.75. The highest price target for DOV is $227.00. Additionally, Mizuho set a $215.00 price target on Dover in a recent research report.