8 stories mentioning DOVUpdated 12d ago
Every FINWIRES story that references DOV, newest first.
Dover (DOV) has agreed to acquire Cloeren, a manufacturer of extrusion T-dies and feedblocks for polymer and plastics applications, the company said Tuesday.Financial terms of the transaction were not disclosed.Cloeren will join the MAAG business unit within Dover's Pumps & Process Solutions segment, Dover said.The deal is expected to close in Q3, Dover said.Price: $203.99, Change: $-1.83, Percent Change: -0.89%
Dover (DOV) delivered a modest Q2 operating beat despite a one-time choppy plant consolidation that caused revenue and margin shortfall in the Climate & Sustainability Technologies segment, RBC Capital Markets said in a note Thursday.This operational miscue overshadowed a "healthy" 16% bookings growth, the investment firm said.The firm highlighted Dover's raised 2026 adjusted earnings per share and revenue outlook, although the company's revised EPS midpoint is still below consensus estimates.Meanwhile, Dover's mix is improving as about 25% of its revenue is now linked to key secular growth platforms like energy transition, power, AI infrastructure, biopharma and medical, semiconductors, and space, according to the note.RBC kept its sector perform rating on Dover and lowered the price target to $227 from $252.Shares of Dover were up more than 3% in Friday trading.Price: $204.54, Change: $+6.74, Percent Change: +3.41%
Dover (DOV) has an average rating of overweight and mean price target of $253.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $200.29, Change: $+2.60, Percent Change: +1.31%
Dover (DOV) has an average rating of overweight and mean price target of $253.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Dover (DOV) has an average rating of overweight and mean price target of $253.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Following encouraging Q1 results, we lift our 12-month target to $260 from $250 and reaffirm our Buy view on shares. Our target values shares at 22.4x our 2027 EPS view of $11.62 (up from $11.34; 2026 EPS view is raised to $10.62 from $10.52), near peers' and DOV's historical average multiple. DOV posted operating EPS of $2.28, up 11% Y/Y, as revenue growth accelerated to 10% Y/Y (5% organic), reflecting broad-based strength across the portfolio and momentum in secular growth markets. Clean Energy & Fueling and Climate & Sustainability Technologies led top-line growth with 13% and 18% Y/Y revenue increases, respectively, benefiting from demand in energy transition markets. Bookings performance was sound, with $2.5B in orders (up 24% Y/Y). Notably, management quantified the opportunity from the AI investment supercycle, guiding for $1 billion of related sales to be generated in 2026. DOV is making targeted investments in capacity to meet accelerating demand, with order conversions likely picking up into 2027.
Dover (DOV) reported a modest Q1 operating beat, with 24% bookings growth and a 1.20x book-to-bill ratio pointing to demand momentum, RBC Capital Markets said in a Thursday note.The firm said bookings strength was broad-based, with all segments posting book-to-bill above 1.10x.RBC highlighted strength in clean energy components, fluid transport, retail fueling, refrigerated door cases, heat exchangers and CO2 refrigeration systems.The firm also said bookings strength suggests upside to Dover's 3% to 5% organic growth guidance. Dover reaffirmed its 2026 adjusted earnings per share guidance of $10.45 to $10.65, and revenue growth outlook of 5% to 7%.RBC raised its price target to $252 from $225, and maintained its sector perform rating on Dover.Price: $229.96, Change: $+1.81, Percent Change: +0.79%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:DOV delivered strong Q1 results with operating EPS of $2.28 (+11% Y/Y) and revenue growth accelerating to +10% Y/Y (+5% organic), reflecting broad-based strength across the portfolio. Clean Energy & Fueling and Climate & Sustainability Tech led with +13% and +18% revenue increases respectively, benefiting from secular tailwinds in energy transition markets. Bookings performance was particularly encouraging with $2.5B in orders (+24% Y/Y) and book-to-bill ratios above 1.0 across each segment, providing improved visibility ahead. DOV reiterated 2026 EPS guidance of $10.45-$10.65, implying +9%-11% growth at the midpoint. Margin expansion remained a key theme with total margin reaching 22.2% (+20 bps Y/Y) despite material cost pressures, as four out of five segments achieved Y/Y margin improvement. We view DOV's reaffirmed outlook as conservative given the strong order book and margin trajectory, suggesting potential for upside on guidance.
