Dover Corp

The Fluids segment contributed 24.6% of Dover’s (DOV) total sales and 24.3% of its total segment profits in 1Q16. Dover Fluids sales increased 17%.

After Actuant Corporation’s (ATU) fiscal 1Q16 earnings report, ATU rose by 5.1% to close at $22.91 per share in yesterday’s trade.

Dover (DOV) management has downgraded its sales guidance, citing weaker fundamentals in the oil and gas markets (USO).

Since its inception, Dover Corporation (DOV) has followed an acquisition-based growth strategy. The company has acquired over 100 manufacturing companies since 1955, and it currently manages close to 30 independently operating companies under its umbrella.

The Refrigeration and Food Equipment segment contributed 26.4%, 24.8%, and 24.9% of total Dover Corporation (DOV) sales in 2013, 2014, and 2015, respectively.

The Dover Refrigeration & Food Equipment unit is a major provider of refrigerated display cases and kitchen equipment such as cookers, mixers, braising pans, and packaging and processing solutions for the meat and poultry business.

Dover (DOV), a diversified industrials (XLI) company, released its 1Q16 earnings before the Market opened on April 21, 2016. The stock reacted negatively to the company’s performance.

Danaher (DHR) reported adjusted EPS of $0.87, which beat consensus estimates by $0.05. In growth terms, the adjusted EPS was 22.5% YoY.

The price-to-sales ratios of Actuant, Parker-Hannifin, Dover, Curtiss-Wright, and ITT are 1.1x, 1.1x, 1.3x, 1.4x, and 1.3x, respectively.

Among its major customers, Dover Corporation derives ~3.7% of its annual revenues from its business with Chevron (CVX), which had reduced its upstream capex by 16% in 2015.

Dover Corporation’s (DOV) Fluids businesses include the Pump Solutions Group (or PSG), which provides pumping solutions to several end markets.

Dover Corporation’s earnings undergo significant swings in changing business cycles. The company’s total sales fell by 10.3% to $7 billion in 2015, mostly due to steep organic declines in the energy segment.

Emerson Electric’s (EMR) trailing three-month (or TTM3) orders in June declined 4.4% on an organic basis. Much of the decline was led by the Process Management segment.

Danaher Corporation (DHR), which became a diversified healthcare company after its restructuring actions, is slated to declare its 3Q16 earnings on October 20. The consensus Wall Street estimate is for Danaher to post adjusted EPS of $0.83 on sales of ~$4.1 billion.

Although it didn’t fall as steeply as oil prices did, Dover’s (DOV) stock has dropped over 30% from its highs in September 2014.

Dover’s (DOV) revenue and EPS have grown at a five-year CAGR of 3.4% and 6.4%, respectively. It has a price-to-sales ratio of 1.5x.

3M’s (MMM) Consumer segment reported operating income of $291.0 million in the third quarter compared to $311.0 million in the third quarter of 2017.

Stanley Black & Decker (SWK) is scheduled to announce its fourth-quarter earnings on January 22 before the market opens.

Second-quarter 13F SEC filings indicate that institutional investors own 95.3% of Celanese’s (CE) outstanding shares.

Stanley Black & Decker stock performance in 2018 Stanley Black & Decker’s (SWK) stock has been struggling so far in 2018. On a year-to-date basis, the stock has left investors poorer by 15.1%. Its other industrial peers, Dover (DOV), Illinois Tool Works (ITW) and 3M (MMM) are also in red and have declined by 3.4%, 12.6%, and […]

SWK is expected to deliver yet another solid earnings performance in 1Q18.

As of October 3, 2017, SWK’s one-year-forward price-to-earnings multiple was 19.70x, while peer DOV is trading at a one-year-forward price-to-earnings multiple of 20.90x.

At the end of 2Q17, SWK’s interest expense was $107.3 million as compared to $95 million in 2Q16.

Carlisle rose 0.02% to close at $108.22 per share on January 10, 2017. Its weekly, monthly, and YTD price movements were -0.95%, -5.1%, and -1.9%.

Carlisle Companies (CSL) reported 2Q16 net sales of $996.9 million, a rise of 1.2% compared to net sales of $984.6 million in 2Q15.

Danaher’s Environmental & Applied Solutions (or, EAS) segment represented 25% of company sales in 2015, or $3.5 billion in value terms.

Each segment of Danaher is made up of roughly about 50 independent operating companies that Danaher has acquired over the years.

In its 2Q16 earnings, 3M (MMM) reduced its fiscal 2016 guidance that it outlined on its 1Q16 earnings call in April 2016.

The refrigeration and food equipment segment was responsible for 25.5% of Dover’s (DOV) total sales and 28.6% of the total segment profits in 2Q16.

Engineered systems sales were responsible for 35.1% of Dover’s (DOV) total sales and 47% of its total segment profits in 2Q16.

The diversified industrials company Dover Corporation (DOV) is expected to declare its 2Q16 earnings on July 19, 2016. In 1Q16, Dover’s management downgraded its sales guidance, citing weaker fundamentals in the oil and gas markets

Emerson’s (EMR) consolidated revenues fell 8.7% year-over-year to $4.9 billion in 2Q16.

Stanley Black & Decker’s (SWK) free cash flows improved year-over-year, with cash outflow in the quarter falling by $85 million to $158 million.

The Dover Refrigeration & Food Equipment segment was responsible for 22.4% of Dover’s (DOV) total sales and 20.1% of total segment profits in 1Q16.

Dover’s Printing & Identification segment accounted for 41.6% of segment sales in 1Q16. Revenues for this segment increased 4.1%.

The average target price of all analysts covering Dover Corporation fell from $64.47 in early January to $62.33 toward the end of the first quarter.

The Dover Engineered Systems’ Industrial Products unit supplies automation components such as robotic arms, grippers, and pick and place units that serve several end markets, as well as garbage trucks and equipment for waste collection and compaction.

Dover Corporation provides artificial lifts and surface solutions for land-based drilling through its various subsidiaries. The demand for drilling equipment is driven by shale oil presence in the US and maturing oil fields elsewhere.

Founded in 1955, Dover Corporation became just the second active company with 60 straight years of dividend hikes. This record is second only to California-based American States Water’s (AWR) 61-year record.

Dover Corporation (DOV) is a machinery manufacturer that operates in four diverse segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment.

The PowerShares DWA Consumer Cyclicals Momentum ETF invests 2.0% of its holdings in Middleby. The ETF tracks an index of US consumer cyclical firms.

Lennox is way ahead of its peers based on the PE ratio. Lennox outperformed its ETFs based on the price movement and PE ratios.

Dover rose by 6.6% to close at $61.53 per share as of October 20, 2015, following a rise in revenue by 1.6% in 3Q15.

The price-to-book value ratios of Pentair, Emerson, Dover, Xylem, and A. O. Smith are 2.05x, 3.51x, 2.72x, 3.04x, and 4.39x, respectively.

Pentair has fallen by 1.5% to close at $54.38 per share as of October 20, 2015, following a decrease in sales and income of 6.6% and 22.1% in 3Q15.

IDEX outperformed its peers based on the PE ratio and PBV ratio. The ETFs outperformed it based on the PE ratio. It’s ahead of its ETFs based on the PBV ratio.

IDEX (IEX) has a market cap of $5.8 billion. After the earnings report in 3Q15, IDEX fell by 0.09% to close at $74.91 per share as of October 19, 2015.