Patrick Burns - Dover Senior Vice President Strategy
| DOV Stock | USD 171.44 0.85 0.49% |
President
Mr. Patrick M. Burns is Senior Vice President Strategy of the Company. He was Senior Vice President, Strategy of Dover prior thereto Vice President, Corporationrationrate Strategy of Johnson Controls Vice President, Marketing, Strategy and MA of Danaher Corporationrationration. since 2016.
| Age | 54 |
| Tenure | 8 years |
| Address | 3005 Highland Parkway, Downers Grove, IL, United States, 60515 |
| Phone | 630 541 1540 |
| Web | https://www.dovercorporation.com |
Dover Management Efficiency
The company has Return on Asset of 0.0797 % which means that on every $100 spent on assets, it made $0.0797 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.225 %, implying that it generated $0.225 on every 100 dollars invested. Dover's management efficiency ratios could be used to measure how well Dover manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Dover's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, whereas Return On Tangible Assets are likely to drop 0.13 in 2024. At this time, Dover's Non Currrent Assets Other are fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, whereas Non Current Assets Total are likely to drop slightly above 4.3 B in 2024.Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Sharon Barner | Cummins | 66 | |
| Thomas Okray | Eaton PLC | 61 | |
| David Wilson | Flowserve | 50 | |
| Earl Newsome | Cummins | 58 | |
| Stephen Shafer | Smith AO | 48 | |
| Mark Osowick | Cummins | 52 | |
| Michael Baughman | Emerson Electric | 59 | |
| Lee Eckert | Flowserve | 51 | |
| Sherry Aaholm | Cummins | 58 | |
| Adrian Chiu | Pentair PLC | 45 | |
| Nanda Cheruvatath | Eaton PLC | 63 | |
| Mark Borin | Pentair PLC | 50 | |
| Peter Martineau | Smith AO | 64 | |
| Paul Dana | Smith AO | 57 | |
| Robert Heideman | Smith AO | 57 | |
| Livingston Satterthwaite | Cummins | 63 | |
| Christopher Stevens | Pentair PLC | 46 | |
| Curtis Hutchins | Eaton PLC | 52 | |
| Tracy Embree | Cummins | 47 | |
| Lisa Yoder | Cummins | 51 | |
| Alok Maskara | Pentair PLC | 43 | |
Management Performance
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.0797 |
Dover Leadership Team
Elected by the shareholders, the Dover's board of directors comprises two types of representatives: Dover inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dover. The board's role is to monitor Dover's management team and ensure that shareholders' interests are well served. Dover's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dover's outside directors are responsible for providing unbiased perspectives on the board's policies.
| JeanPierre Ergas, Independent Director | ||
| Michael Zhang, Vice President and Presidentident, Asia | ||
| Robert Cremin, Independent Chairman of the Board | ||
| Robert Livingston, CEO and President and Director | ||
| James Moran, Vice President Treasurer | ||
| Kevin Buchanan, Vice President - Taxation | ||
| William Johnson, VP, CEO of The Refrigeration and Food Equipment Segments and President of The Refrigeration and Food Equipment Segments | ||
| Bernard Rethore, Independent Director | ||
| Raymond McKay, Vice President Controller | ||
| Keith Wandell, Independent Director | ||
| Kristiane Graham, Independent Director | ||
| Ivonne Cabrera, Senior Vice President General Counsel, Secretary | ||
| Patrick Burns, Senior Vice President Strategy | ||
| Adrian Sakowicz, Vice Communications | ||
| Brad Cerepak, Chief Financial Officer, Senior Vice President | ||
| Jay Kloosterboer, Senior Vice President - Human Resources | ||
| William Bosway, Vice President of Dover and Presidentident and CEO- Dover Refrigeration & Food Equipment | ||
| Stephen Wagner, Independent Director | ||
| Clenon Fincher, Vice President | ||
| Brian Moore, Vice President Treasurer | ||
| Kimberly Bors, Senior Vice President - Human Resources | ||
| Paul Goldberg, Vice President - Investor Relations | ||
| Ryan Paulson, Vice President Controller | ||
| Deborah DeHaas, Independent Director | ||
| Stephen Todd, Independent Director | ||
| Peter Francis, Independent Director | ||
| Eric Spiegel, Independent Director | ||
| William Spurgeon, Vice President, President and Chief Executive Officer - Dover Fluids | ||
| Sandra Arkell, Vice President Controller | ||
| Richard Tobin, President, Chief Executive Officer, Director | ||
| Mary Winston, Independent Director | ||
| H Gilbertson, Independent Director | ||
| Stephen Sellhausen, Sr. VP of Corporate Devel. and Strategy | ||
| Sivasankaran Somasundaram, Vice President and President & CEO of the Energy Segment | ||
| David Malinas, Senior Vice President - Operations | ||
| Karl Buscher, President Group | ||
| Andrey Galiuk, Vice Relations | ||
| Carrie Anderson, Principal Accounting Officer, Vice President Controller | ||
| Richard Lochridge, Independent Director | ||
| Russell Toney, Senior Vice President - Global Sourcing | ||
| Anthony Kosinski, Vice President - Tax | ||
| Michael Johnston, Independent Chairman of the Board | ||
| Michael Stubbs, Independent Director | ||
| Stephen Kennon, Senior Vice President | ||
| John Gilbertson, Independent Director | ||
| Girish Juneja, Chief Digital Officer, Senior Vice President | ||
| Jack Dickens, Senior Director of Investor Relations |
Dover Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Dover a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.0797 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 27.28 B | ||||
| Shares Outstanding | 137.38 M | ||||
| Shares Owned By Insiders | 0.42 % | ||||
| Shares Owned By Institutions | 88.23 % | ||||
| Number Of Shares Shorted | 3.27 M | ||||
| Price To Earning | 17.76 X |
Pair Trading with Dover
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dover position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dover will appreciate offsetting losses from the drop in the long position's value.Moving together with Dover Stock
| 0.82 | B | Barnes Group Earnings Call Tomorrow | PairCorr |
| 0.87 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.73 | HI | Hillenbrand Earnings Call This Week | PairCorr |
| 0.93 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Dover Stock
| 0.78 | ATS | ATS Corporation | PairCorr |
| 0.66 | RR | Richtech Robotics Class | PairCorr |
| 0.46 | BW | Babcock Wilcox Enter Buyout Trend | PairCorr |
The ability to find closely correlated positions to Dover could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dover when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dover - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dover to buy it.
The correlation of Dover is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dover moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dover moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dover can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Dover Stock please use our How to Invest in Dover guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Dover Stock analysis
When running Dover's price analysis, check to measure Dover's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is Dover's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dover. If investors know Dover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dover listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.128 | Dividend Share 2.03 | Earnings Share 7.53 | Revenue Per Share 60.338 | Quarterly Revenue Growth (0.02) |
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dover's market value can be influenced by many factors that don't directly affect Dover's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.