Dover Corp
DOV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|xZ | LOCK|l^$#& | LOCK|#r#?%Mn |
Dover Earnings: Conglomerate Produces Flat Organic Growth due to Diversified Nature of Business
Dover grew its organic sales 0.5% during its third quarter, and with a few acquisitions and currency tailwinds, its top line grew nearly 5% year over year. Results were driven by strength in Dover's Pumps & Process Solutions segment.
