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Spin-Off Should Reveal Dover's Earning Power

With volatile Apergy on its own, Dover is leaner and more focused.

Mentioned:

Three major factors are behind our fresh take on  Dover (DOV):

  • The spin-off of the company’s upstream oil and gas business as publicly traded Apergy.
  • The naming of Richard Tobin as CEO, effective May 1.
  • The October 2017 disclosure that Daniel Loeb’s Third Point hedge fund has taken a stake in the company.

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Joshua Aguilar does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.