Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Products segment provides aftermarket vehicle, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, bearings, drives, electric monitoring, and fluid dispensing systems. This segment also offers manual and power clamps, rotary and linear mechanical indexers, conveyors, pick and place units, glove ports, and manipulators, as well as end-of-arm robotic grippers, slides, and end effectors. The Fueling Solutions segment transports fuels and other hazardous fluids, as well as operates retail fueling and vehicle wash establishments. The Imaging and Identification segment provides precision marking and coding; product traceability equipment; and digital textile printing equipment, as well as related consumables, software, and services. The Pumps and Process Solutions segment manufactures specialty pumps, fluid handling components, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. This segment also manufactures pumps that are used to transfer liquid and bulk products in various markets, including plastics and polymers processing, chemicals production, food/sanitary, biopharma, medical, transportation, petroleum refining, power generation and general industrial applications. The Refrigeration & Food Equipment segment manufactures refrigeration systems, refrigeration display cases, commercial glass refrigerators and freezer doors, and brazed plate heat exchangers for industrial heating and cooling, and residential climate control applications; and commercial food service equipment and can-shaping machinery. The company sells its products directly and through a network of distributors. Dover Corporation was incorporated in 1947 and is headquartered in Downers Grove, Illinois.
IPO Year:
Exchange: NYSE
Website: dovercorporation.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $217.00 | Neutral | UBS |
| 10/28/2024 | $227.00 | Peer Perform → Outperform | Wolfe Research |
| 2/5/2024 | $190.00 | Neutral → Buy | Seaport Research Partners |
| 12/13/2022 | $171.00 | Outperform | Credit Suisse |
| 4/8/2022 | $190.00 → $160.00 | Overweight → Equal Weight | Barclays |
| 1/28/2022 | $194.00 → $196.00 | Equal-Weight | Morgan Stanley |
| 1/14/2022 | $190.00 → $194.00 | Equal-Weight | Morgan Stanley |
| 1/7/2022 | $205.00 | Perform → Outperform | Oppenheimer |
| 1/4/2022 | $185.00 → $206.00 | Overweight | Barclays |
| 12/20/2021 | $165.00 → $184.00 | Underweight → Equal-Weight | Wells Fargo |
4 - DOVER Corp (0000029905) (Issuer)
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4 - DOVER Corp (0000029905) (Issuer)
4 - DOVER Corp (0000029905) (Issuer)
4 - DOVER Corp (0000029905) (Issuer)
4 - DOVER Corp (0000029905) (Issuer)
4 - DOVER Corp (0000029905) (Issuer)
DOWNERS GROVE, Ill., Jan. 16, 2025 /PRNewswire/ -- BASE Engineering, Inc., part of OPW's Fluid Transfer Solutions business unit and Dover (NYSE:DOV), today announced the launch of its new Long-Range Chipset. This new wireless chipset option has been designed to increase range, reliability and installation flexibility beginning with the BASE Engineering portfolio of Ranger and ProControl handheld communication devices. The Long-Range Chipset features the capability to exceed 1,000 feet (305 meters) of range for installations with external antennas. One of the key benefits of th
DOWNERS GROVE, Ill., Jan. 13, 2025 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has acquired certain assets within Carter Day International, Inc.'s petrochemical division. The acquired assets now become part of the MAAG business unit within Dover's Pumps & Process Solutions segment, expanding MAAG's pelletizing-system portfolio of dewatering and drying equipment for the plastics industry with highly-engineered products and proprietary technologies, and also include complementary high-volume dryer technology to MAAG's existing portfolio. "Consistent with our custome
DOWNERS GROVE, Ill., Jan. 9, 2025 /PRNewswire/ -- Dover (NYSE:DOV) announced today that it will release fourth quarter 2024 earnings at approximately 6:00 a.m. Central time (7:00 a.m. Eastern time) on Thursday, January 30, 2025. Later that morning, Dover will host a conference call at 8:00 a.m. Central time (9:00 a.m. Eastern time) to discuss these results. To participate in the conference call, please dial 1 (800) 245-3047 (domestic) or 1 (203) 518-9765 (international), conference ID DOVQ424. Due to the expected number of callers, please dial in at least 15 minutes before the
DOWNERS GROVE, Ill., Dec. 30, 2024 /PRNewswire/ -- SWEP, part of Dover (NYSE:DOV) and a world-leading supplier of brazed plate heat exchangers (BPHEs), today announced the opening of a new rig for propane testing at the SWEP Research & Development Center in Landskrona, Sweden. Recent policies such as the European F-Gas Regulation are driving market demand for heating and cooling systems that operate with natural- or low-GWP refrigerants. The capability to run large scale propane testing is an important step for SWEP to meet current and future need for sustainable heat transfer
DOWNERS GROVE, Ill., Dec. 18, 2024 /PRNewswire/ -- Caldera, part of Dover (NYSE:DOV), today announced the launch of Version 18 of its award-winning raster image processor ("RIP") software for large-format digital printing and cutting. Version 18 introduces a wide range of features and enhancements designed to boost productivity, streamline workflows, and improve print quality for professional printers. "CalderaRIP Version 18 represents a major step forward in how we help printing professionals manage their workflows," says Arnaud Fabre, Head of Product at Caldera. "With powerf
DOWNERS GROVE, Ill., Dec. 11, 2024 /PRNewswire/ -- Markem-Imaje, part of Dover (NYSE:DOV) and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced the launch of its Ultraply ribbons and self-adhesive labels range. With its innovative Print and Apply (P&A) labelers, the new range addresses growing demand for high-quality, phone scannable 2D barcodes driven by the exponential rise of e-commerce and direct-to-consumer (DTC) models. The Ultraply range is designed to optimize the use of Markem-Imaje P&A labelers, offering
DOWNERS GROVE, Ill., Dec. 9, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that Brad Cerepak, Senior Vice President and Chief Financial Officer, has notified the Company that he plans to retire on January 31, 2025. Christopher ("Chris") Woenker, 42, Chief Financial Officer of the Company's Engineered Products and Climate & Sustainability Technologies segments, will succeed Mr. Cerepak as Senior Vice President and Chief Financial Officer, effective January 31, 2025. As part of the Company's transition plan, Mr. Woenker will remain in his current segment CFO roles while working closely with Mr. Cerepak through the 2024 fiscal year financial closing. Mr. Woenker will report
DOWNERS GROVE, Ill., Dec. 4, 2024 /PRNewswire/ -- Malema™, part of PSG and Dover (NYSE:DOV) and a leading provider of flow meter technologies for use in industrial and semiconductor applications, today announced the launch of the new Malema CIFM-88 Series DuraMassFlow™ PFA Coriolis Industrial Flow Meter. The new flow meter is suitable for chemical processing, pharmaceutical manufacturing, food and beverage production, paper applications, as well as wastewater treatment. "The updated Coriolis flow meter embodies Malema's commitment to customer satisfaction, setting a new standa
DOWNERS GROVE, Ill., Nov. 26, 2024 /PRNewswire/ -- Systech, part of Markem-Imaje and Dover and a leading provider of digital identification and traceability software solutions, today announced that it has successfully completed its second consecutive System and Organization Controls (SOC) 2® Type II Audit examination. This achievement underscores Systech's unwavering commitment to maintaining a secure operating environment for its customers' confidential data. SOC 2 Type II attestation is conducted by an independent auditing firm and provides an understanding of the design and
DOWNERS GROVE, Ill., Nov. 20, 2024 /PRNewswire/ -- ACME Cryogenics, part of OPW Clean Energy Solutions and Dover (NYSE:DOV), today announced the addition of the XL Bore Vacuum-Jacketed Piping (VJP) to its portfolio of cryogenics-handling products. The new VJP has been designed to help maintain cryogenic liquid's extremely cold temperature, prevent leaks and transfer the full array of high-volume cryogenics, including liquefied natural gas (LNG), liquid hydrogen (LH2), liquid oxygen (LOX), carbon dioxide (CO2) and helium. Many of these cryogenics are used in aerospace applications for space exploration, especially for fueling.
UBS initiated coverage of Dover with a rating of Neutral and set a new price target of $217.00
Wolfe Research upgraded Dover from Peer Perform to Outperform and set a new price target of $227.00
Seaport Research Partners upgraded Dover from Neutral to Buy and set a new price target of $190.00
Credit Suisse initiated coverage of Dover with a rating of Outperform and set a new price target of $171.00
Barclays downgraded Dover from Overweight to Equal Weight and set a new price target of $160.00 from $190.00 previously
Morgan Stanley reiterated coverage of Dover with a rating of Equal-Weight and set a new price target of $196.00 from $194.00 previously
Morgan Stanley reiterated coverage of Dover with a rating of Equal-Weight and set a new price target of $194.00 from $190.00 previously
Oppenheimer upgraded Dover from Perform to Outperform and set a new price target of $205.00
Barclays reiterated coverage of Dover with a rating of Overweight and set a new price target of $206.00 from $185.00 previously
Wells Fargo upgraded Dover from Underweight to Equal-Weight and set a new price target of $184.00 from $165.00 previously
8-K - DOVER Corp (0000029905) (Filer)
10-Q - DOVER Corp (0000029905) (Filer)
8-K - DOVER Corp (0000029905) (Filer)
8-K - DOVER Corp (0000029905) (Filer)
8-K - DOVER Corp (0000029905) (Filer)
10-Q - DOVER Corp (0000029905) (Filer)
8-K - DOVER Corp (0000029905) (Filer)
8-K - DOVER Corp (0000029905) (Filer)
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DOWNERS GROVE, Ill., Jan. 13, 2025 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has acquired certain assets within Carter Day International, Inc.'s petrochemical division. The acquired assets now become part of the MAAG business unit within Dover's Pumps & Process Solutions segment, expanding MAAG's pelletizing-system portfolio of dewatering and drying equipment for the plastics industry with highly-engineered products and proprietary technologies, and also include complementary high-volume dryer technology to MAAG's existing portfolio. "Consistent with our custome
DOWNERS GROVE, Ill., Jan. 9, 2025 /PRNewswire/ -- Dover (NYSE:DOV) announced today that it will release fourth quarter 2024 earnings at approximately 6:00 a.m. Central time (7:00 a.m. Eastern time) on Thursday, January 30, 2025. Later that morning, Dover will host a conference call at 8:00 a.m. Central time (9:00 a.m. Eastern time) to discuss these results. To participate in the conference call, please dial 1 (800) 245-3047 (domestic) or 1 (203) 518-9765 (international), conference ID DOVQ424. Due to the expected number of callers, please dial in at least 15 minutes before the
DOWNERS GROVE, Ill., Nov. 7, 2024 /PRNewswire/ -- The Board of Directors of Dover Corporation (NYSE:DOV) today declared a regular quarterly cash dividend of $0.515 (fifty-one and one-half cents) per share, payable on December 16, 2024, to shareholders of record as of November 29, 2024. About Dover: Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Eng
DOWNERS GROVE, Ill., Oct. 24, 2024 /PRNewswire/ -- Dover (NYSE:DOV), a diversified global manufacturer, announced its financial results for the third quarter ended September 30, 2024. All comparisons are to the comparable period of the prior fiscal year, unless otherwise noted. Three Months Ended September 30, Nine Months Ended September 30, ($ in millions, except per share data) 2024 2023 % Change* 2024 2023 % Change* U.S. GAAP Revenue $ 1,984 $ 1,958 1 % $ 5,816 $ 5,780 1 % Earnings from continuing operations 313 262 19 % 1,162 686 69 % Diluted EPS f
DOWNERS GROVE, Ill., Oct. 9, 2024 /PRNewswire/ -- Dover (NYSE:DOV) announced today that it will release third quarter 2024 earnings at approximately 6:00 a.m. Central time (7:00 a.m. Eastern time) on Thursday, October 24, 2024. Later that morning, Dover will host a conference call at 8:30 a.m. Central time (9:30 a.m. Eastern time) to discuss these results. To participate in the conference call, please dial 1 (800) 245-3047 (domestic) or 1 (203) 518-9783 (international), conference ID DOVQ324. Due to the expected number of callers, please dial in at least 15 minutes before the
DOWNERS GROVE, Ill., Aug. 19, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Criteria Labs, Inc. ("Criteria Labs"), a leader in radio frequency "RF" device and microelectronic engineering solutions tailored for high-reliability applications in the space, aerospace, defense, commercial semiconductor, automotive, and medical industries. Criteria Labs is now part of the Microwave Products Group (MPG) within Dover's Engineered Products segment. The company's primary location in Austin, Texas, includes a large clean room dedicated to space test engineer
DOWNERS GROVE, Ill., Aug. 2, 2024 /PRNewswire/ -- The Board of Directors of Dover Corporation (NYSE:DOV) today increased its quarterly cash dividend to $0.515 (fifty-one and one-half cents) per share, from the previous $0.51 (fifty-one cents) per share, an increase of $0.005 (one-half cent). This is the 69th consecutive year in which the Company has increased its annual cash dividend, demonstrating Dover's longstanding commitment to returning capital to shareholders. This increased dividend will be paid on September 16, 2024, to shareholders of record as of August 30, 2024. Ab
DOWNERS GROVE, Ill., July 25, 2024 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the second quarter ended June 30, 2024. All comparisons are to the comparable period of the prior fiscal year, unless otherwise noted. Three Months Ended June 30, Six Months Ended June 30, ($ in millions, except per share data) 2024 2023 % Change* 2024 2023 % Change* U.S. GAAP Revenue $ 2,178 $ 2,100 4 % $ 4,272 $ 4,179 2 % Net earnings 282 242 16 % 914 471 94 % Diluted EPS 2.04 1.72 19 % 6.57 3.35 96 % Non-GAAP
DOWNERS GROVE, Ill., July 22, 2024 /PRNewswire/ -- Dover (NYSE:DOV) today announced that it has acquired Marshall Excelsior Company ("MEC") for $395M in cash. MEC will become part of the OPW Global ("OPW") operating unit within Dover's Clean Energy & Fueling segment ("DCEF"). Founded over 48 years ago and headquartered in Marshall, Michigan, MEC supplies highly-engineered flow control components for transportation, storage, and use of liquified petroleum gas and other industrial gases. MEC's comprehensive portfolio of fittings, adapters, valves, regulators, pigtails, gauges, a
Purchase price of $2.0 billion; $1.725 billion net of expected tax benefits Reduces cyclicality, delivers financial accretion and lowers capital intensity Unlocks ~$25 million of cost and revenue synergies by 2026 Enhances presence in attractive waste & recycling segment; expands North American addressable market Terex to host investor conference call to discuss transaction on July 22, 2024 at 8:30 a.m. Eastern NORWALK, Conn., July 22, 2024 /PRNewswire/ -- Terex Corporation (NYSE:TEX) (the "Company") today announced it has signed a definitive agreement to acquire Environmental Solutions Group ("ESG") from Dover Corporation (NYSE:DOV), in a $2.0 billion all-cash transaction. When adjusted f
DOWNERS GROVE, Ill., Dec. 9, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that Brad Cerepak, Senior Vice President and Chief Financial Officer, has notified the Company that he plans to retire on January 31, 2025. Christopher ("Chris") Woenker, 42, Chief Financial Officer of the Company's Engineered Products and Climate & Sustainability Technologies segments, will succeed Mr. Cerepak as Senior Vice President and Chief Financial Officer, effective January 31, 2025. As part of the Company's transition plan, Mr. Woenker will remain in his current segment CFO roles while working closely with Mr. Cerepak through the 2024 fiscal year financial closing. Mr. Woenker will report
Beacon (NASDAQ:BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer. Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as Chief Financial Officer on or about May 6, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422328918/en/Prithvi Gandhi, Beacon (Photo: Business Wire) Prior to joining Beacon, Mr. Gandhi was VP, Finance and Chief Financial Officer at TAMKO Building Products, a roofing products manufacturer and supplier for the last two years where he led initiatives that drove business insights and financial leverage resulting in improved
Michael F. Johnston appointed Lead Independent Director DOWNERS GROVE, Ill., Feb. 9, 2024 /PRNewswire/ -- Dover (NYSE:DOV) today announced that its Board of Directors has appointed President and Chief Executive Officer Richard J. Tobin to the additional role of Chairman of the Board. In addition, the independent directors of the Board have appointed the current Chairman, Michael F. Johnston, to the role of lead independent director. Both appointments are effective February 10, 2024. Mr. Tobin has served as a director since 2016 and as President and Chief Executive Officer since 2018. Mr. Johnston has served as Board Chairman since 2016 and as a director since 2013.
DOWNERS GROVE, Ill., Feb. 9, 2023 /PRNewswire/ -- Dover (NYSE:DOV) today announced the appointment of Michael Manley, Chief Executive Officer of AutoNation, Inc., to its Board of Directors, effective immediately. Mr. Manley will serve on the Board's Audit Committee and Finance Committee. "Mike is a highly accomplished business leader and we are pleased to welcome him to the Dover Board," said Richard J. Tobin, Dover's President and Chief Executive Officer. "Mike has successfully managed a wide array of business models over his career with an exemplary track record of sharehold
CHICAGO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, today announced the appointment of Prithvi Gandhi as Chief Financial Officer. Gandhi has more than 25 years of leadership experience within finance, most recently serving as Interim CFO at Owens Corning (NYSE:OC), a global Fortune 500 building and industrial materials company. During his seven-year tenure at Owens Corning, he also held the roles of VP, corporate strategy and financial planning and VP, corporate development. Prior to Owens Corning, Gandhi worked in financial leadership roles for Dover Corporation (NYSE:DOV) and Zebra Technologies Corporation