Dover's Hillphoenix Boosts Portfolio With AdvansorUltra Launch
DoverDover(US:DOV) ZACKS·2026-01-13 17:15

Group 1: Product Launch - Dover Corporation's subsidiary Hillphoenix has launched AdvansorUltra, a standardized industrial CO2 rack, enhancing its position in the industrial refrigeration market [2][9] - AdvansorUltra offers a capacity of up to 450TR (1,583kW) per rack, with operational temperatures ranging from -25F to 20F, and can reach -57F for specialized applications [3][9] - The new product allows technicians to access serviceable parts without shutting down the system and includes optional features like parallel compression and multiple heat reclaim options [4] Group 2: Strategic Alignment - The launch of AdvansorUltra aligns with Hillphoenix's long-term strategy to capitalize on the growing adoption of transcritical CO2 refrigeration in cold storage, food processing, and pharmaceutical sectors [5][9] Group 3: Financial Performance - Dover reported Q3 2025 adjusted EPS of $2.62, surpassing the Zacks Consensus Estimate of $2.50, and up from $2.27 in the same quarter last year [6] - Total revenues for Q3 were $2.08 billion, reflecting a 4.8% increase year-over-year, although it fell short of the Zacks Consensus Estimate of $2.09 billion, with organic growth at 0.5% [7] Group 4: Stock Performance - Dover's shares have increased by 10.1% over the past year, compared to the industry's growth of 15.8% [8]

Dover's Hillphoenix Boosts Portfolio With AdvansorUltra Launch - Reportify