Dover Raises FY24 Adjusted EPS Outlook From $9.00 - $9.15 To $9.05 - $9.20 (Est $9.10); Revises Revenue Growth Forecast From 2% - 4% To 3% - 4%

7/25/24 6:39:08 AM ET

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Dover's President and Chief Executive Officer, Richard J. Tobin, said, "Order trends continued their positive trajectory, bolstering our confidence in the second half outlook."

"We are approaching the second half of 2024 constructively. Underlying end market demand is healthy and is supported by our sustained order rates. We are committed to achieving our full year guidance through a combination of organic growth, operational execution, and productive capital deployment."

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Recent Analyst Ratings for
$DOV

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

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OPW Clean Energy Solutions Adds XL Bore Vacuum-Jacketed Piping Product For Cryogenic Market
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.
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Hillphoenix Recognized by EPA with GreenChill Store Certification Excellence Award for 13th Consecutive Year
DOWNERS GROVE, Ill., Nov. 14, 2024 /PRNewswire/ -- Hillphoenix, part of Dover Food Retail and Dover (NYSE:DOV) and a pioneer in designing environmentally sustainable refrigeration systems, has earned the U.S. Environmental Protection Agency's (EPA's) GreenChill 2023-2024 Store Certification Excellence recognition. This achievement recognizes the commercial refrigeration systems manufacturer that installed the most advanced, sustainable refrigeration systems in GreenChill-Certified Stores in the past year. Hillphoenix has provided sustainable refrigeration for 777 stores. "We a
11/14/24 4:15:00 PM ET
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Dover Declares Regular Quarterly Cash Dividend
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
11/7/24 5:13:00 PM ET
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Dover Declares Regular Quarterly Cash Dividend
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 $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Eng
11/7/24 5:13:00 PM ET
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Dover Reports Third Quarter 2024 Results
DOWNERS GROVE, Ill., Oct. 24, 2024 /PRNewswire/ -- Dover (NYSE:DOV), a diversified global manufacturer, announced its financial results for the third quarter ended September 30, 2024. All comparisons are to the comparable period of the prior fiscal year, unless otherwise noted. Three Months Ended September 30, Nine Months Ended September 30, ($ 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
10/24/24 6:30:00 AM ET
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Dover Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast
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
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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
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Dover Board Appoints Richard J. Tobin as Chairman
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.
2/9/24 4:45:00 PM ET
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Dover Board Elects Michael Manley As New Independent Director
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
2/9/23 4:15:00 PM ET
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Dover Raises FY24 Adjusted EPS Outlook From $9.00 - $9.15 To $9.05 - $9.20 (Est $9.10); Revises Revenue Growth Forecast From 2% - 4% To 3% - 4%

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Recent Analyst Ratings for $DOV

$DOV Press Releases

Fastest customizable press release news feed in the world

OPW Clean Energy Solutions Adds XL Bore Vacuum-Jacketed Piping Product For Cryogenic Market

Hillphoenix Recognized by EPA with GreenChill Store Certification Excellence Award for 13th Consecutive Year

Dover Declares Regular Quarterly Cash Dividend

$DOV SEC Filings

SEC Form 10-Q filed by Dover Corporation

Dover Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

Dover Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$DOV Financials

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Dover Declares Regular Quarterly Cash Dividend

Dover Reports Third Quarter 2024 Results

Dover Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast

$DOV Market Insights

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Dover shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance.