STOCK TITAN

Dover Corporation - DOV STOCK NEWS

Welcome to our dedicated page for Dover Corporation news (Ticker: DOV), a resource for investors and traders seeking the latest updates and insights on Dover Corporation stock.

Dover Corporation (NYSE: DOV) is a diversified global manufacturer known for delivering innovative equipment and components, consumable supplies, aftermarket parts, software digital solutions, and support services. Headquartered in Downers Grove, Illinois, Dover operates through five key segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. With annual revenues exceeding $8 billion, Dover combines its global scale with operational agility to lead the markets it serves.

Dover's Engineered Products segment focuses on the creation of specialized equipment and components for a variety of industries including automotive, aerospace, and industrial machinery. The Clean Energy & Fueling segment addresses the growing demand for sustainable energy solutions through innovative products and services related to LPG, LNG, and hydrogen fueling.

The Imaging & Identification segment provides advanced marking and coding solutions for product identification and traceability. This segment includes Markem-Imaje, which recently launched a versatile new opaque white ink compatible with its extruded product coders.

Dover's Pumps & Process Solutions segment is renowned for its reliable pumps and flow control solutions, catering to sectors such as biopharma, food and beverage, and industrial markets. Climate & Sustainability Technologies includes refrigeration and food equipment businesses, highlighting Dover's commitment to sustainability.

Recent achievements include the launch of the RegO Presto-Link device and mobile app integration, which enhances the speed and accuracy of LPG container testing, and the introduction of new products by Vehicle Service Group (VSG) to cater to the EMEA region's automotive equipment market. Additionally, Dover announced a successful financial performance for the first quarter of 2024, with revenues reaching $2.1 billion, demonstrating steady growth and strong market presence.

Dover's entrepreneurial approach, cultivated over 65 years, and its team's ownership mindset foster collaboration with customers to redefine what's possible. The company is recognized for its market leadership and continuous innovation across its diverse business segments.

Rhea-AI Summary
Dover Corporation (DOV) employees Angie Bowling and Kristen Pittas have been named 2024 Women MAKE Awards Honorees by the Manufacturing Institute. Dover recognizes their exceptional contributions and commitment to diversity. Angie Bowling, a Quality Engineer at Vehicle Service Group, and Kristen Pittas, a Compliance Manager at Microwave Products Group, will be honored at the Women MAKE Awards Gala in Washington, D.C.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
Tags
none
-
Rhea-AI Summary
Dover Corporation (DOV) CEO Richard Tobin to speak at 2024 J.P. Morgan Industrials Conference. Webcast available on dovercorporation.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
conferences
-
Rhea-AI Summary
Vehicle Service Group, a part of Dover, launches the Portal Lift 17 Vario in the EMEA region. The lift, part of Rotary's Blitz Series, is designed for heavy-duty use with a 17-ton capacity and innovative features for easier operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
Rhea-AI Summary
Environmental Solutions Group (ESG), a part of Dover (NYSE: DOV), announced the expansion of its Connected Collections suite with Recycling and Waste Facility Contamination Detection technology. This innovative product enhances safety, efficiency, billing processes, and sustainability efforts in the recycling and waste management industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
-
Rhea-AI Summary
Dover (DOV) Chairman, President, and CEO to present at industry conferences in February 2024. Webcasts available on dovercorporation.com for 90 days post-event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
conferences
-
Rhea-AI Summary
Dover appoints Richard J. Tobin as Chairman of the Board and Michael F. Johnston as Lead Independent Director. The appointments aim to strengthen corporate governance and support strategic decision-making.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
management
Rhea-AI Summary
Dover (DOV) declares a regular quarterly cash dividend of $0.51 per share, payable on March 15, 2024, to shareholders of record as of February 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
dividends
-
Rhea-AI Summary
Dover, a diversified global manufacturer, reported its financial results for the fourth quarter and full year ended December 31, 2023. Revenue for the quarter was $2.1 billion, a 2% decrease, while net earnings increased by 12%. For the full year, revenue decreased by 1%, with net earnings increasing by 1%. Adjusted net earnings for the year increased by 2%, and adjusted diluted EPS was up by 4%. Dover's President and CEO, Richard J. Tobin, expressed confidence in the company's ability to deliver long-term value creation for shareholders through top-line growth, capital allocation, and portfolio enhancement. The company expects to generate GAAP EPS in the range of $7.90 to $8.10 for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.52%
Tags
-
Rhea-AI Summary
Dover (NYSE: DOV) has completed the acquisition of Bulloch Technologies, Inc. for CAD150 million, with additional contingent consideration tied to future business growth. Bulloch will become part of Dover Fueling Solutions, serving many of the largest retailers in Canada and processing over $35 billion in sales annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.52%
Tags
Rhea-AI Summary
Rotary®, part of Vehicle Service Group™ (VSG) and Dover (NYSE: DOV), has launched patent-pending All-Vehicle (AV) lift arms, designed to make it easier for automotive service professionals to correctly spot and lift nearly any vehicle make and model, including next-generation electric vehicles (EVs), using a single lift. The arms allow for maximum reach and retraction to properly lift all vehicles within the rated lift capacity using OEM recommended pick up points. The unique arm design eliminates the need to re-spot vehicles to reach OEM recommended pick up points. The launch of the AV lift arms aims to help automotive service shops prepare to service more vehicles, optimize operations, and increase profits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
none

FAQ

What is the current stock price of Dover Corporation (DOV)?

The current stock price of Dover Corporation (DOV) is $190.33 as of December 24, 2024.

What is the market cap of Dover Corporation (DOV)?

The market cap of Dover Corporation (DOV) is approximately 26.1B.

What does Dover Corporation do?

Dover Corporation is a diversified global manufacturer that provides innovative equipment and components, consumable supplies, aftermarket parts, software digital solutions, and support services across various industries.

Where is Dover Corporation headquartered?

Dover Corporation is headquartered in Downers Grove, Illinois, USA.

What are the key segments of Dover Corporation?

Dover operates through five key segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies.

How much annual revenue does Dover Corporation generate?

Dover Corporation generates annual revenues exceeding $8 billion.

What recent developments has Dover Corporation announced?

Recent developments include the launch of the RegO Presto-Link device and mobile app integration, and new automotive equipment products by Vehicle Service Group (VSG) for the EMEA market.

What is the stock symbol for Dover Corporation?

Dover Corporation trades on the New York Stock Exchange under the symbol 'DOV'.

How long has Dover Corporation been in operation?

Dover Corporation has been recognized for its entrepreneurial approach for over 65 years.

How can I find more information about Dover Corporation?

Additional information about Dover Corporation can be found on their official website: www.dovercorporation.com.

What is the RegO Presto-Link device?

The RegO Presto-Link device, recently launched by Dover, is designed to enhance the speed, accuracy, and efficiency of LPG container and regulator testing.

What are Dover Corporation's latest financial results?

For the first quarter of 2024, Dover reported revenues of $2.1 billion, showcasing a 1% increase compared to the prior year's period.

Dover Corporation

NYSE:DOV

DOV Rankings

DOV Stock Data

26.11B
136.63M
0.43%
86.97%
0.82%
Specialty Industrial Machinery
Construction, Mining & Materials Handling Machinery & Equip
Link
United States of America
DOWNERS GROVE