Dover Corp Stock Price, News & Analysis

Dover (NYSE: DOV) has announced its participation in the upcoming 2025 J.P. Morgan Industrials Conference in New York City. The company's President and CEO, Richard J. Tobin, is scheduled to deliver a presentation on Tuesday, March 11, 2025, at 9:00 am ET.

The presentation will be accessible through a live audio webcast on dovercorporation.com. For those unable to attend live, the presentation recording will remain available on the company's website for a 90-day replay period.

Systech, a Dover company, has launched UniSecure artAI™, an AI-powered authentication solution for life sciences and pharmaceutical industries. This cloud-based SaaS solution utilizes existing packaging artwork and AI applications including machine vision, machine learning, and neural networks to combat counterfeiting and ensure packaging quality.

The solution addresses the growing challenge of counterfeit medicine trafficking, which generates up to $432 billion annually according to NIH. artAI creates digital blueprints of packaging artwork features for verification and quality inspection through pattern recognition, offering both mobile application scanning and forensic platform capabilities.

Key features include fast deployment with real-time detection, AI-powered forensic intelligence, retroactive and proactive protection, and reduced carbon footprint through centralized operations. The system requires no packaging changes or hardware integration, enabling rapid deployment and immediate value for pharmaceutical brands.

Malema, a Dover (NYSE: DOV) subsidiary, has launched the M-2300 Series High-Purity Inline Straight Tube Ultrasonic Flow Meter. This innovative device combines an inline ultrasonic flow sensor and electronics into a single compact unit, specifically designed for semiconductor applications.

The M-2300 Series features advanced digital signal processing (DSP) technology and a straight-through PFA tube, offering flow measurement accuracy of ±1% and repeatability of ±0.5%. Available in 1/4", 3/8", and 1/2" sizes, it's suitable for various applications including CMP, cooling systems, ECD, and chemical distribution systems.

Key features include PFA-wetted materials, a straight flow path with no moving parts, and superior corrosion resistance. The design eliminates dead legs, obstructions, and particle contamination, positioning it as a superior alternative to vortex flow meter technology.

Dover (NYSE: DOV) has announced its Board of Directors has declared a regular quarterly cash dividend. Shareholders will receive $0.515 per share, with the payment scheduled for March 14, 2025. To be eligible for this dividend, investors must be shareholders of record by February 28, 2025.

Dover (NYSE: DOV) has announced its participation in the upcoming Barclays Industrial Select Conference in Miami Beach, Florida. The company's President and Chief Executive Officer, Richard J. Tobin, is scheduled to deliver a presentation on Thursday, February 20, 2025, at 8:05 am ET.

The presentation will be accessible through a live audio webcast on Dover's official website. For those unable to attend or watch live, the presentation recording will remain available on dovercorporation.com for a 90-day period following the event.

Markem-Imaje, a Dover (NYSE: DOV) company, has launched the SmartLase UV500, a new 5-watt UV laser printer designed for marking and coding on high-density and delicate materials. The printer specializes in rapid coding for traceability, including advanced text messages, logos, and complex 2D codes on materials like hard plastics, recyclable films, metal, and glass.

The device offers virtually maintenance-free operation, reducing operational expenses by minimizing line stoppages and eliminating costs associated with consumables or external cooling. It features Industry 4.0 optimization with various industrial interfaces and CoLOS software support for remote message design and data management. The SmartLase UV500 provides chemical-free production, permanent coding for anti-counterfeiting, and meets ISO 13849-1 safety standards up to Performance Level PLe.

Dover (NYSE: DOV) reported its Q4 and full-year 2024 financial results. For Q4, revenue increased 1% to $1.9 billion, while GAAP earnings from continuing operations decreased 8% to $238 million. Q4 adjusted diluted EPS rose 1% to $2.20.

For full-year 2024, revenue grew 1% to $7.7 billion, with GAAP earnings from continuing operations increasing 48% to $1.4 billion. Full-year adjusted diluted EPS improved 4% to $8.29. The company showed strong performance in Clean Energy & Fueling and Pumps & Process Solutions segments, with book-to-bill ratio above one.

Looking ahead, Dover provided 2025 guidance projecting revenue growth of 2-4% (organic growth 3-5%) and adjusted EPS of $9.30-$9.50. The company completed six acquisitions over the last three years and recently closed two bolt-on acquisitions in the Pumps & Process Solutions segment.

CPC, a Dover (NYSE: DOV) subsidiary, has launched the MicroCNX® Nano Series aseptic connectors, an innovative solution for cell and gene therapy (CGT) sterile processing. This industry-first product simplifies the connection process by allowing users to click connector halves together to create sterile flow paths, replacing traditional methods like biosafety cabinets and tube welding.

The new connectors are specifically designed for 1/8- and 1/16-inch flow paths, reducing holdup volume by eliminating the need for extra tubing required in traditional tube welding. A key feature is their ability to be frozen to -190°C, supporting cell preservation during storage and transport. The connectors' compact size enables direct integration into freeze cassettes used in CGT product cryopreservation.

Markem-Imaje, a Dover (NYSE: DOV) company, has launched the new 9712 Bi-Jet continuous inkjet printer targeting construction, pharmaceuticals, and food manufacturers. The innovative printer combines two machines' functions into one, offering significant cost advantages and operational benefits.

The printer can code twice as fast or print double the amount of data, while its compact design and Bi-Jet printhead enhance production line performance. Key benefits include up to 50% reduction in upfront capital costs, lower operational expenses, and reduced maintenance requirements.

The 9712 features market-leading service intervals, Intelli'Swap® technology for synchronized part replacements, Intelli'Inks™ system for error-proof performance and lower consumption, and Industry 4.0 integration capabilities.