Dover Corp Stock Price, News & Analysis

Dover Corporation (NYSE: DOV) has successfully completed its acquisition of SIKORA AG. Following the acquisition, SIKORA AG will be integrated into Dover's MAAG operating unit, which operates within the company's Pumps & Process Solutions segment. The acquisition was previously announced and has now reached its completion phase.

Markem-Imaje, a Dover (NYSE: DOV) subsidiary, has launched MB2253, a new black MEK ink specifically designed for the beverage industry. The ink offers superior marking capabilities on various substrates including plastics, metals, glass, and returnable glass bottles. Key features include excellent durability against icy condensation and water immersion, and alkali solubility that withstands sodium hydroxide solutions up to 2.5%. The product complies with strict food safety regulations, including FDA Title 21 CFR and Swiss Ordinance 817.023.21. MB2253 is compatible with several continuous inkjet printer models including the 9750 series and 9712.

Dover Fueling Solutions (NYSE: DOV) has expanded its Wayne PWR™ DC fast charger product line with four new power configurations ranging from 160kW to 640kW. This expansion builds upon the original 640kW model launched in 2024, offering more flexible options for both new and established retail fueling locations.

The Wayne PWR chargers feature a durable design, 12" touchscreen interface, customizable branding, and EMV-compliant payments through Fiserv network. The products are manufactured in Austin, TX, ensuring shorter lead times and enhanced supply chain resilience. The system includes real-time diagnostics and monitoring through DFS's cloud-based management system.

Vehicle Service Group (VSG), a Dover (NYSE: DOV) subsidiary, announced a $5+ million investment in its Madison, Indiana facility to install an automated production line. The expansion aims to enhance manufacturing capabilities, create new jobs, and support growing North American demand for vehicle lifting and repair equipment.

The strategic investment aligns with VSG's global manufacturing optimization strategy, focusing on automation, new technologies, quality improvement, and workforce development. The project includes equipment installation, hiring, and team training, with production ramp-up scheduled for Q1 2026.

Dover's (NYSE: DOV) subsidiary Caldera has launched GrandRIP, a new subscription-based raster image processor package targeting small businesses in the visual communications, industrial printing, and packaging sectors. The software, built on Caldera's award-winning technology, offers essential features for professional print and cut workflows at a more accessible price point.

GrandRIP includes key features such as Adobe PDF Print Engine technology, spot color libraries, automatic spot color detection tools, and support for various print and cut peripherals. The package aims to simplify prepress, color management, finishing, and automation processes while delivering high-quality output and significant ROI for smaller businesses.

Dover Corporation (NYSE: DOV) has announced that its President and CEO, Richard J. Tobin, will be presenting at the 2025 Bank of America Securities Industrials, Transportation and Airlines Key Leaders Conference. The presentation is scheduled for Tuesday, May 13, 2025, at 8:45 am ET in New York City. Investors can access the live audio webcast through Dover's website, and a replay will remain available for 90 days following the presentation.

Dover Corporation (NYSE: DOV) has announced a definitive agreement to acquire SIKORA AG for €550 million in cash. SIKORA, a German company founded in 1973, specializes in precision measurement, inspection, and control solutions for various industries including wires, cables, and plastics. The acquisition will integrate SIKORA into Dover's MAAG operating unit within its Pumps & Process Solutions segment.

SIKORA generated approximately €100 million in revenue in 2024 and has maintained double-digit organic growth over the past three years. The company's growth is driven by increasing electrification demands, particularly in high-performance applications like data centers. The transaction is expected to close in Q2 2025, subject to regulatory approvals.

Dover Corporation (NYSE: DOV) has announced its regular quarterly cash dividend. The Board of Directors has declared a dividend of $0.515 per share, equivalent to fifty-one and one-half cents per share. This dividend will be paid on June 16, 2025, to shareholders who are recorded as stockholders as of May 30, 2025.

Dover (NYSE: DOV) reported Q1 2025 financial results with revenue of $1.9 billion, showing a 1% decrease but 1% organic growth compared to Q1 2024. While GAAP earnings from continuing operations decreased 60% to $239 million due to a prior-year gain from De-Sta-Co disposition, adjusted earnings increased 18% to $283 million.

The company demonstrated strong performance with adjusted diluted EPS of $2.05, up 19% year-over-year. Dover experienced favorable book-to-bill ratios across all segments, with particular strength in single-use biopharma components, thermal connectors, and CO2 systems. The company maintains a positive outlook, forecasting full-year 2025 revenue growth of 2-4% and adjusted EPS guidance of $9.20-$9.40.