Dover Corp Stock Price, News & Analysis

Dover Precision Components, part of Dover (NYSE: DOV), has opened a new Innovation Lab to enhance product development and support the green energy transition. The lab features nearly 12,000 square feet of space, including four independent test bays for fluid film bearings and compression products. It aims to centralize resources for innovative technologies, with plans to install a hydrogen testing facility. Dover’s commitment to advancing material science positions it as a contributor to cleaner energy solutions.

Dover (NYSE: DOV) is set to release its third quarter 2022 earnings on October 20, 2022, at 6:00 a.m. Central time. A conference call will follow at 8:00 a.m. Central time to discuss the results. Dover is a diversified global manufacturer with an annual revenue of approximately $8 billion, operating in five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. Details for audio participation and replay options are provided in the release.

Dover (NYSE: DOV) announced its participation at the NACS Show and PEI Convention in Las Vegas from October 1-4, 2022. The event is a premier industry gathering for convenience and retail fueling sectors, catering to 165 million customers daily in the U.S. Key brands attending include Dover Fueling Solutions (DFS) and OPW, showcasing innovative products like the DX Connected Solutions Platform, hydrogen dispensers, and advanced car wash solutions. Dover aims to leverage growth opportunities in clean energy and retail fueling, emphasizing its commitment to evolving industry needs.

Dover (NYSE: DOV) announced the launch of its new range of 2-column lifts, named Tomorrow Series and Legend Series, through its Vehicle Service Group (VSG) in the EMEA region. These lifts, featuring modern designs and high-quality components, aim to enhance workshop functionality and efficiency. Key features include reduced installation time by 20%, minimized routine maintenance, and an integrated TEq-Link module for connectivity. The Tomorrow Series will debut with SPMA models, while the Legend Series will feature KPX models, both designed for vehicles ranging from microcars to medium-sized vans.

Dover, a diversified global manufacturer, announced that its President and CEO, Richard J. Tobin, will speak at the Morgan Stanley Laguna Conference on September 15, 2022, at 11:20 AM CDT. Investors can access a live audio webcast of the presentation at dovercorporation.com, with a replay available for 90 days. Dover reported annual revenue of approximately $8 billion and operates through five segments, employing over 25,000 people. For more details, visit dovercorporation.com.

Dover (NYSE: DOV) announced the launch of the eTouch-S intelligent print and apply labeling system by its subsidiary, Markem-Imaje, on Sept. 7, 2022. The eTouch-S aims to reduce environmental impact while maintaining supply chain traceability and production speed of over 150 packs per minute. Enhanced with proprietary technology, it requires no plant air, minimizing downtime and maintenance. Built-in artificial intelligence ensures precise label application, enhancing operational safety and compliance with labeling standards. The product is part of Markem-Imaje's 2200 series, designed for efficiency and user-friendliness.

Dover's Environmental Solutions Group has expanded its Verif-Eye service verification tool, designed for Rear Load Refuse Collection Vehicles. This patent-pending technology enhances service accuracy by automatically collecting data on service stops, including bag counts and service times, without operator involvement. This innovation is crucial for waste management fleets operating on thin margins and helps reduce unnecessary service calls due to unverified complaints. Verif-Eye aligns with the Connected Collections strategy, improving operational efficiency and customer relations.