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Dover Corporation

Industrials
$130.78
+ $1.24 (0.96%) 1D
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Performance

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      Open PricePrev. CloseVolumeAvg. Volume
      $130.73$129.541,779,0341,118,008

      Fundamentals

      Market Cap$18.85B
      P/B Ratio4.4
      P/E Ratio16.9
      Enterprise Value$21.65B
      Div. Yield1.54%
      Book Value30.05
      EPS(TTM)7.76
      ROE27.70%
      Understand Fundamentals

      About the Company

      Headquartered in Downers Grove, Illinois, Dover Corporation is a global manufacturer offering various innovative products, digital solutions and support services. It has 45 subsidiaries and approximately 40 lines of industrial products which serve th
      Headquartered in Downers Grove, Illinois, Dover Corporation is a global manufacturer offering various innovative products, digital solutions and support services. It has 45 subsidiaries and approximately 40 lines of industrial products which serve the aerospace, petroleum, and electronics markets. The shares of the company are traded on NYSE under the ticker “DOV”. Dover is the largest elevator producer in the USA; one-third of DOV’s profits come from its elevator business. The company’s business is segregated into five segments - fuelling solutions, refrigeration & food equipment, pumps & process solutions, engineered products, imaging & identification. Each of these segments has its own independently run companies. DOV was officially founded in 1955 and went public on NYSE in the same year. After eight years, it announced a 3-for-2 stock split and since then has split a number of times. Between 1955 and 1979, a total of 14 companies were acquired by DOV. Most of these acquisitions significantly contributed to the growth of their elevator business. The purchase of Shepard Warner Elevator Company marked the start of their efforts to expand operations. In 1999, DOV sold its elevator business to Thyssen AG for approximately $1.1 billion. This sale proved to be beneficial for both parties. ThyssenKrupp became one of the largest elevator businesses in the world, and DOV was able to emphasise on expanding its other businesses. Since the very beginning, DOV adopted an acquisition-based growth strategy. Till now it has acquired more than 100 manufacturing companies. Moreover, it also manages approximately 30 separate companies. In 2011, DOV purchased Sound Solutions, a company that manufactured phone receivers, speakers and other electronic components. This purchase significantly helped to grow its acoustic component operations. The cost of acquisition was approximately $855 million. In the same year, one of its subsidiaries, US Synthetic Corporation, was awarded The Shingo Prize for its exceptional operational performance. Four years later, in 2015, DOV acquired both JK Group and Gala Industries for an estimated $520 million. In the same year, it acquired two more businesses - Gemtron Corporation and Reduction Engineering Scheer. In 2020, DOV was ranked 301st on the list of fortune 500 companies. It also ranks 1143rd on the Forbes Global 2000 list which comprises the world’s largest public companies.
      ...Read more
      OrganisationDover Corporation
      IndustrySpecialty Industrial Machinery
      HeadQuartersDowners Grove, IL

      Company Financials

      *All values are in Million $
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      FAQs on Dover Corporation

      Can I Buy Dover Corporation Shares in India?

      Yes, Dover Corporation shares can be bought in India by opening an international trading account with Groww.

      How to Buy Dover Corporation Shares in India?

      One can easily invest in Dover Corporation shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Dover Corporation shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Dover Corporation.

      What is the Share Price of Dover Corporation?

      The share price of Dover Corporation is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Dover Corporation share price is $130.78 as of 20 May ‘22

      What is the Market Cap of Dover Corporation?

      The Dover Corporation market cap is $18.85B as of 20 May ‘22

      What is the PE and PB ratio of Dover Corporation?

      The PE and PB ratio of Dover Corporation is 16.9 and 4.4 as of 20 May ‘22
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