Latest news with #DoverCorporation
Yahoo
2 days ago
- Business
- Yahoo
Dover Corporation (DOV) Had An 'Unbelievable' Quarter, Says Jim Cramer
We recently published . Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer recently discussed. Dover Corporation (NYSE:DOV) is an industrial machinery company. Cramer's comments about the firm came in the context of industrial stocks and Honeywell's share price movement after its latest earnings. Honeywell shares dropped as investors wondered whether the firm would experience business health in 2025, and Dover Corporation (NYSE:DOV)'s shares dropped by 2.2% after the firm's second-quarter earnings. The stock fell despite a revenue and earnings beat, which led Cramer to criticize the sellers: 'And I'm going to throw in a third one. Dover. With another unbelievable quarter. Very big guide up. Stock is down. Whoever is selling these, things Carl, they're not trying to paint the tape. They just don't understand how stocks work. Because we have real major industrial companies that are doing incredibly well. And it's almost like if they're not merging, we don't want to own them, if they're not AI, we don't want to. own. They're other things worth owning. . . Dover's worth buying, right here. . . Dover, Honeywell beat and raise.' Cramer recently discussed Dover Corporation (NYSE:DOV)'s exposure to data centers. Here's what he said: 'No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President's going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks. . .You just want to own Dover which is a stock we own for the charitable trust, besides Eaton which is there. You want to be there again, because the building is continuing and I just feel like, wow it's a pretty good time.' While we acknowledge the potential of DOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-07-2025
- Business
- Yahoo
Dover Corporation (DOV): 'You Just Want To Own Dover,' Says Jm Cramer
We recently published . Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer recently discussed. Dover Corporation (NYSE:DOV) is one of the largest industrial machinery providers in America. Cramer discussed the stock in the context of booming AI build outs in America. Dover Corporation (NYSE:DOV)'s shares are flat year-to-date as the firm has suffered from the uncertainty created by high tariffs. However, its stock has gained 4% over the pre-Liberation Day announcement high. Cramer's earlier comments about Dover Corporation (NYSE:DOV) have dismissed market worries and advised viewers to buy. Here are his recent thoughts: 'No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President's going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks. . .You just want to own Dover which is a stock we own for the charitable trust, besides Eaton which is there. You want to be there again, because the building is continuing and I just feel like, wow it's a pretty good time.' A modern industrial equipment assembly line in motion. The CNBC TV host discussed Dover Corporation (NYSE:DOV)'s share price performance in June. Here is what he said: 'I look wrong right now on Dover for the club… but I think I'm going to be right. Why? Because I think that Tobin is very smart, the CEO and the stock should never have been thrown back, 19 times earnings. It even went down when steel tariffs went on. I say enough is enough. Buy Dover right now, tomorrow morning.' While we acknowledge the potential of DOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
15-07-2025
- Business
- Yahoo
Dover: A Lesser-Known Industrial Dividend Gem
Dover Corporation (NYSE:DOV) is included among the 13 Best Industrial Dividend Stocks to Buy Right Now. A modern industrial equipment assembly line in motion. The company holds one of the longest dividend streaks in the industry, spanning 68 years, which makes it a reliable investment option for income investors. Currently, it pays a quarterly dividend of $0.515 per share and has a dividend yield of 1.09%, as of July 13. Dover Corporation (NYSE:DOV) produces equipment and components, including consumables, aftermarket parts, and digital solutions. The company is known for consistently generating strong free cash flow. In the first quarter of 2025, Dover Corporation (NYSE:DOV) reported an operating cash flow of $157.4 million, up from $146.6 million in the same period last year. The operating cash flow represented 8.4% of the revenue. The company's free cash flow also grew to $109.3 million, from $106.4 million in the prior-year period. It delivered a strong first-quarter performance, with a positive book-to-bill ratio in all five segments and building momentum throughout the quarter, reinforcing confidence in its short-term outlook. While we acknowledge the potential of DOV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
Will Dover (DOV) Beat Estimates Again in Its Next Earnings Report?
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Dover Corporation (DOV). This company, which is in the Zacks Manufacturing - General Industrial industry, shows potential for another earnings beat. When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.39%, on average, in the last two quarters. For the most recent quarter, Dover was expected to post earnings of $2.05 per share, but it reported $1.99 per share instead, representing a surprise of 3.02%. For the previous quarter, the consensus estimate was $2.08 per share, while it actually produced $2.2 per share, a surprise of 5.77%. With this earnings history in mind, recent estimates have been moving higher for Dover. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Dover has an Earnings ESP of +0.25% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 24, 2025. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dover Corporation (DOV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-07-2025
- Business
- Yahoo
Dover (DOV) Acquires ipp Pump Products to Expand Sanitary Pump Offerings
Dover Corporation (NYSE:DOV) is one of the . Dover Corporation (NYSE:DOV) announced on June 18 that it had acquired ipp Pump Products GmbH, a German producer of sanitary pump infrastructure. The Bersenbrück-based company will join Dover's Pumps & Process Solutions segment as a part of the Pump Solutions Group (PSG) business unit. Pixabay/Public Domain Ipp specializes in developing progressive and hygienic lobe pumps as well as other processing equipment for use in the food and beverage, cosmetics, pharmaceutical, and other sectors that need to adhere to sanitary regulations. PSG President Karl Buscher stated that the acquisition expands PSG's pump portfolio with complementary technologies to address customers in a number of critical end market. Dover Corporation (NYSE:DOV) provides an array of industrial products, including data cooling, fuel systems, clean energy, biopharma, and vehicle maintenance. It operates across five business divisions with an emphasis on precise engineering, automation, and sustainability. While we acknowledge the potential of DOV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
