Linde PLC (LIN) Q1 2026 Earnings Call Highlights: Strong EPS Growth and Strategic Acquisitions Propel Performance Linde PLC (LIN) reports a robust 10% EPS increase, strategic acquisitions, and continued dividend growth amidst global challenges. Summary
EPS: $4.33, a 10% increase year-over-year.Operating Margin: 30%.Return on Capital: 23.8%.Revenue: $8.8 billion, up 8% year-over-year.Operating Profit: $2.6 billion, an 8% increase year-over-year.Operating Cash Flow: $2.2 billion, 4% higher than prior year.Capital Expenditures: $1.3 billion.Free Cash Flow: $900 million.Dividend Growth: 7% increase, marking 33 consecutive years of growth.Stock Repurchase: $800 million during the quarter.Healthcare Sales Growth: 1% year-over-year.Food and Beverage Sales Growth: 5% year-over-year.Electronics Sales Growth: 10% year-over-year.Chemicals and Energy Sales Growth: 3% year-over-year.Metals and Mining Sales Growth: 3% year-over-year.Manufacturing Sales Growth: 5% year-over-year.Guidance for Q2 2026 EPS: $4.40 to $4.50, 8% to 10% growth.Full Year 2026 EPS Guidance: $17.60 to $17.90, 7% to 9% growth.
Release Date: May 01, 2026
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points Linde PLC LIN reported a strong EPS growth of 10% to $4.33, showcasing resilience against a challenging economic backdrop.Operating margins reached an impressive 30%, with a return on capital at a healthy 24%, indicating efficient management and profitability.The electronics sector saw a significant 10% growth, driven by investments in advanced chips for AI, positioning Linde PLC (LIN) well in the market.The company signed 9 bolt-on acquisitions in the Americas, contributing to future EPS growth and expanding its market presence.Linde PLC (LIN) raised its annual dividend by 7%, marking 33 consecutive years of dividend growth, reflecting strong shareholder returns. Negative Points The US home care business within the healthcare segment remained flat due to a new policy affecting service levels, impacting overall growth.EMEA experienced negative volumes, primarily due to on-site customers shifting production to more competitive regions outside Continental Europe.The helium market faced acute global shortages, although Linde PLC (LIN) is well-positioned, the situation adds uncertainty to supply dynamics.APAC saw lower volumes driven by seasonal factors and weaker trends in industrial end markets, affecting overall sales growth.The construction and subcontractor environment in the US Gulf Coast remains challenging, causing delays in project timelines. Q & A Highlights Q: Can you explain the margin performance across different regions, particularly the strong improvement in the Americas and the flat performance in Europe and Asia?
A: Matthew White, Chief Financial Officer, explained that on a full-year basis, Linde expects to raise margins for 2026, likely at the upper end of their traditional range. In Europe, weaker industrial and chemical environments, along with impacts from the Middle East conflict, have affected volumes. In Asia, seasonal factors and a one-off sale of equipment related to electronics contracts impacted margins. However, the company expects improvements in both regions as the year progresses.
Q: How is Linde positioned to support the commercial space sector, and what are the growth expectations for this market?
A: Matthew White stated that Linde is well-positioned to support the growing space economy, particularly in the U.S. and internationally. The company is working with major and emerging launch providers to ensure capacity and contractual relationships are in place. Growth will depend on launch frequency, size, and propellant type, with hydrogen-based rockets potentially accelerating growth. Linde expects to reach significant sales in this sector, driven by increased satellite launches and replacements.
Q: What are the longer-term implications of the current geopolitical crisis on energy security and potential projects in conventional and renewable energy?
A: Matthew White noted that energy independence and security are likely to be accelerated due to the crisis. While renewable energy remains a focus, it requires government support and subsidies to be viable. Conventional energy sources, such as LNG and oil sands, may see renewed interest due to their lower exploration risks. Linde expects continued interest in both conventional and renewable energy projects, depending on economic viability and government policies.
Q: How is Linde managing the impact of European energy price fluctuations on merchant and packaged gas pricing?
A: Matthew White explained that Linde uses surcharges to manage short-term energy price volatility. If energy prices remain elevated for a sustained period, they may be incorporated into overall pricing. Currently, the company is using surcharges to address the volatility, but sustained increases could lead to structural price adjustments.
Q: What is the outlook for Linde's helium business given the current supply constraints?
A: Matthew White stated that Linde's helium business is largely contracted, with 85% to 90% of sales under long-term agreements. The company has seen pricing rise due to recent supply constraints and expects this trend to continue. Linde is prioritizing securing long-term agreements with high-quality customers and anticipates incremental volumes and pricing as opportunities arise.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) today announced it has been included in the Dow Jones Best-in-Class Indices (previously known as Dow Jones Sustainability Indices) for the 23rd consecutive year.
The Dow Jones Best-in-Class World Index comprises global sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment (CSA). It represents the top 10% of the largest 2,500 companies in the S&P Global BMI based on long-term economic, environmental and social criteria. Linde scored in the 98th percentile in its CSA and was recognized by S&P Global for 25 years of active engagement.
Linde was also included in the S&P 2026 Sustainability Yearbook, following a rigorous assessment of sustainability performance and reporting. Of more than 9,200 companies eligible for inclusion, only 848 qualified for Yearbook membership.
“These distinctions validate Linde's pragmatic approach to sustainability built over more than two decades. They also confirm our strong track record in transparent reporting in alignment with global disclosure standards,” said Erin Catapano, Linde Vice President Sustainability. “Linde’s focus on creating long-term value extends from helping customers to decarbonize and managing Linde’s own environmental footprint to investing in the communities where we live and work.”
“Reaching 25 years of participation in the S&P Global CSA is a testament to Linde’s long-standing commitment to meaningful sustainability action,” said Robert Dornau, S&P Global Senior Director, Head of Corporate Solutions & Engagement.
With its products, technologies and services, Linde helped its customers avoid more than 90 million metric tons of carbon dioxide equivalents in 2025. Linde’s climate goals include its 2035 science-based absolute greenhouse gas emissions reduction target and its 2050 climate neutrality ambition.
About Linde
Linde is a leading global industrial gases and engineering company with 2025 sales of $34 billion. We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain, decarbonize and protect our planet.
Linde serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde’s industrial gases and technologies are used in countless applications, enabling space exploration and launch technologies, delivering ultra-high-purity and specialty gases for semiconductor manufacturing, providing life-saving medical oxygen and enabling clean hydrogen production and carbon capture to reduce greenhouse gas emissions. Linde also delivers state-of-the-art gas processing solutions to support customer growth, efficiency improvements and emissions reductions.
For more information about the company and its products and services, please visit www.linde.com
Linde (LIN) remains a best-in-class industrial with robust margins, 33 years of dividend growth, and disciplined capital allocation. Q1'26 results reinforced business resilience: 10% EPS growth, 30% margins, and $1.5B returned to shareholders, despite only 1% underlying volume growth. Secular tailwinds in electronics, aerospace, and helium offer long-term upside, but near-term volume recovery is not yet visible, especially in EMEA.
SpaceX could raise $75 billion in capital with its IPO, giving it more cash to spend on various projects. The IPO gives an opportunity for this early investor to sell stock and redeploy cash in high-return opportunities.
As the global financial community eagerly awaits SpaceX's historic initial public offering (IPO) – rumoured to command some $1.7 trillion valuation on June 12 – a wave of capital is flooding into public space stocks. This unprecedented offering promises to shine a “blinding spotlight” on the entire commercial space ecosystem, resetting industry benchmarks and driving institutional demand to a fever pitch.
WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) has published its 2025 Sustainable Development Report, highlighting measurable progress against its sustainability commitments and the growing impact of its technologies in supporting customers' decarbonization efforts. In 2025, Linde reduced absolute greenhouse gas emissions by 10% versus its 2021 baseline and increased the share of electricity from low-carbon and renewable sources to 50%, advancing toward its 2035 emissions reduction targe.
On June 01, 2026, we delve into the DCF analysis for Linde PLC LIN , a company currently trading at $497.69. The stock has experienced a price performance of -3.8% over the past week, -1.4% over the past month, +17.1% year-to-date, and +8.7% over the past year. Here are some key insights:
DCF Earnings-based intrinsic value of $326.62 per share vs current price of $497.69 (margin of safety: -52.4%) DCF FCF-based intrinsic value of $199.62 per share vs current price (second opinion indicates significant overvaluation) GF Score™ of 94/100 suggests high reliability of the DCF inputs What Is LIN Worth? DCF Earnings-Based Model The DCF earnings-based model evaluates Linde PLC's intrinsic value by projecting its future earnings growth over a 10-year period, followed by a terminal growth phase. The model assumes a starting EPS of $16.38 and applies a growth rate of 13.3% for the first decade. The discount rate is set at 11%, which is derived from the risk-free rate and equity risk premium. After the growth phase, the terminal growth rate is assumed to be 4% for the subsequent ten years.
Parameter Value Current EPS (TTM, excl. non-recurring) $16.38 10-Year Growth Rate 13.3% 10-Year Treasury Rate 4.47% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The two-stage model breaks down the valuation into a growth stage and a terminal stage. The growth stage reflects the expected earnings growth over the first ten years, while the terminal stage accounts for the company's value beyond that period.
Stage Description Value Growth Stage (Years 1-10) EPS growing at 13.3%, discounted at 11% $183.64 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $142.98 Intrinsic Value Growth + Terminal $326.62 With the current price at $497.69, the intrinsic value of $326.62 indicates that Linde PLC is modestly overvalued, with a margin of safety of -52.4%. It is important to note that GuruFocus uses EPS without non-recurring items because research shows stock prices correlate more closely with earnings than free cash flow. For further calculations, visit the LIN DCF Calculator.
What Does the Free Cash Flow DCF Say? The Free Cash Flow (FCF) based intrinsic value for Linde PLC is calculated at $199.62 per share. When comparing this to the earnings-based intrinsic value of $326.62, there is a significant disparity. The FCF model indicates that Linde PLC is significantly overvalued, with a margin of safety of -149.3%. This divergence suggests that the two models do not agree on the valuation of the company.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for Linde PLC stands at $490.46, providing a third perspective on the company's valuation. GF Value™ is GuruFocus' proprietary measure calculated from historical trading multiples, past business growth, and future performance estimates. When considering the DCF earnings-based, FCF-based, and GF Value™, all three models indicate that Linde PLC is overvalued. For more details, visit the GF Value™ page.
What Does LIN's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006 to 2021. Linde PLC has a GF Score™ of 94/100, indicating strong potential. The financial strength is rated 6/10, profitability 9/10, growth 9/10, valuation 9/10, and momentum 10/10. The predictability rank is 2/5 stars, suggesting that the DCF model may be less reliable for this stock. For further insights, visit the LIN stock page.
Key Assumptions and Limitations It is important to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings, such as Linde PLC with a rank of 2/5 stars, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions accurately.
What This Means for Investors In summary, the DCF earnings-based model indicates that Linde PLC is modestly overvalued, while the FCF-based model suggests a significant overvaluation. The GF Value™ also supports the conclusion of overvaluation. Therefore, the clear verdict is that Linde PLC is overvalued at its current price.
For the full DCF analysis, visit the LIN DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is LIN's intrinsic value based on DCF?
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Genuine Parts (GPC - Free Report) came out with quarterly earnings of $1.77 per share, missing the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.94%. A quarter ago, it was expected that this auto and industrial parts distributor would post earnings of $1.79 per share when it actually produced earnings of $1.55, delivering a surprise of -13.41%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Genuine Parts, which belongs to the Zacks Automotive - Retail and Wholesale - Parts industry, posted revenues of $6.26 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.55%. This compares to year-ago revenues of $5.87 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Genuine Parts shares have lost about 8.4% since the beginning of the year versus the S&P 500's gain of 3.9%.
What's Next for Genuine Parts?While Genuine Parts has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Genuine Parts was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.21 on $6.38 billion in revenues for the coming quarter and $7.76 on $25.28 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Retail and Wholesale - Parts is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
O'Reilly Automotive (ORLY - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on April 29.
This auto parts retailer is expected to post quarterly earnings of $0.69 per share in its upcoming report, which represents a year-over-year change of +11.3%. The consensus EPS estimate for the quarter has been revised 1.7% lower over the last 30 days to the current level.
O'Reilly Automotive's revenues are expected to be $4.47 billion, up 8% from the year-ago quarter.
For the quarter ended March 2026, Genuine Parts (GPC - Free Report) reported revenue of $6.26 billion, up 6.8% over the same period last year. EPS came in at $1.77, compared to $1.75 in the year-ago quarter.
The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $6.17 billion. With the consensus EPS estimate being $1.81, the EPS surprise was -1.94%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Genuine Parts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Automotive- North America: $2.36 billion versus the two-analyst average estimate of $2.36 billion. The reported number represents a year-over-year change of +4.3%.Net Sales- Automotive: $3.95 billion versus $3.81 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.7% change.Net Sales- Industrial: $2.32 billion versus $2.34 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.2% change.Segment EBITDA- Automotive: $301.05 million compared to the $298.53 million average estimate based on two analysts.Corporate EBITDA: $-119.53 million versus the two-analyst average estimate of $-100.6 million.Segment EBITDA- Industrial: $314.12 million versus $303.46 million estimated by two analysts on average.View all Key Company Metrics for Genuine Parts here>>>
Shares of Genuine Parts have returned +11.4% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Genuine Parts Company (GPC) reported fairly good Q1 results in a volatile environment. The Industrial and N.A. Automotive segments showed confident earnings, while International Automotive expectedly struggled more in a shaky market environment. GPC reaffirmed its 2026 financial guidance, which is clearly positive. The conflict in Iran could cause volatility in forward earnings.
Genuine Parts' Q1 results showed North America Automotive margin improvement and strong Industrial segment performance, but International Automotive lagged on underlying sales and margin. First tangible separation costs have emerged, with ongoing uncertainty around dis-synergies, capital structure, and future dividend policy weighing on investor confidence. GPC's valuation is not enough to turn positive.
Examine Genuine Parts' (GPC) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
ATLANTA, April 28, 2026 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its Board of Directors declared a regular quarterly cash dividend of one dollar and six and one quarter cents ($1.0625) per share on the company's common stock. The dividend is payable on July 2, 2026 to shareholders of record on June 5, 2026.
Altria Group (NYSE:MO | MO Price Prediction), Coca-Cola (NYSE:KO), and Genuine Parts Company (NYSE:GPC) are three of the most reliable dividend payers in the market.
On May 12, 2026, Genuine Parts Co (GPC) shares fell 3.8%, closing at $100.74. The stock has experienced a downward trend, trading between a 52-week high of $151
Strategic acquisition expands GPC's fiber network and strengthens its long-standing commitment to Nebraska communities Strategic acquisition expands GPC's fiber network and strengthens its long-standing commitment to Nebraska communities
Emerson Electric (EMR) came out with quarterly earnings of $1.54 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.48 per share a year ago.
The headline numbers for Emerson Electric (EMR) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Emerson Electric Co. is a mature industrial company with slow growth, limited exposure to AI-driven data center capex, and a premium valuation. EMR's recent quarter showed 3% revenue and 4% earnings growth, reflecting dependence on broad macro drivers rather than high-growth sectors. Despite solid margins and over $3bn FCF, EMR's serial M&A and portfolio strategy have not enhanced growth or returns.
EMR posts modest Q2 growth as pricing and demand offset geopolitical headwinds, while backlog strength and orders signal momentum into a stronger second half.
Emerson Electric Co. is rated Buy with a $197/share target, leveraging U.S. reindustrialization and global data center expansion. EMR can benefit from $1.4T utility investments in power infrastructure and potential LNG market shifts due to Middle East disruptions. Software and systems, especially grid management and AI-embedded solutions, are driving robust order growth and future margin expansion.
AspenTech AVA enables customers to act faster, develop more informed strategies, improve operational reliability HOUSTON, May 11, 2026 /PRNewswire/ -- Global automation leader Emerson (NYSE: EMR) today introduced the AspenTech AVA™ AI platform, specifically designed for industrial companies to accelerate AI adoption across the enterprise for measurable business impact. Offering agentic, domain-aware AI capabilities, AVA delivers the agility, efficiency and autonomy companies need to respond faster to operating conditions, continuously improve performance using trusted domain context and act with greater confidence through AI-assisted recommendations embedded directly in operations.
Enhanced AspenTech Inmation OT Data Fabric to accelerate enterprise-scale intelligence HOUSTON, May 13, 2026 /PRNewswire/ -- Global automation leader Emerson (NYSE: EMR) today announced major advancements to the AspenTech Inmation™ OT Data Fabric, establishing it as the foundational enterprise-scale intelligence layer for the AspenTech Inmation Data Platform. The enhanced Inmation OT Data Fabric creates a modern industrial data backbone designed to scale with customers as their digital needs evolve, supporting advanced analytics, AI capabilities and the development of an enterprise operations platform that connects data, context and decision-making across the organization.
NI Nigel™ AI to expand into code generation and cross-platform intelligence, embedding AI automation across the test lifecycle FORT WORTH, Texas, May 13, 2026 /PRNewswire/ -- Global automation leader Emerson (NYSE: EMR) today announced the expansion of NI Nigel™ AI across its test software portfolio, introducing new prompt-based code generation in the NI LabVIEW+ Suite and further evolving the NI platform into an integrated, AI-ready test automation platform. These enhancements will allow aerospace, semiconductor, transportation and other mission-critical customers to develop, test and deliver products to market faster while meeting strict reliability and safety requirements.
In a software-led global industrial complex that's going strong on digitalization, the mention of ‘big data' has become routine. But process industries say it is ‘quality data' and not randomly gathered digital data mountains that make the difference.
Report highlights continued investments in employees, customers, suppliers and communities, progress toward sustainability targets ST. LOUIS, May 19, 2026 /PRNewswire/ -- Global automation leader Emerson (NYSE: EMR) today released its 2025 Sustainability Report, highlighting the Company's progress in advancing innovation and improving operational efficiency while driving meaningful environmental impact internally and for customers.
Advanced sensing to digitalize industrial corrosion monitoring for improved decision making Emerson and Aramco sign an agreement to co-develop next-generation corrosion management solutions for the Saudi Arabian Oil Company (Aramco), one of the world's leading integrated energy and chemicals companies. Emerson's advanced corrosion monitoring platform delivers real-time insights that enable the energy industry to prevent unplanned downtime and boost production efficiency.
Zacks.com users have recently been watching Emerson Electric (EMR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Dover Corporation (DOV) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.05 per share a year ago.
The headline numbers for Dover (DOV) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of Dover Corporation (NYSE: DOV - Get Free Report) traded up 6.1% during trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $228.94 and last traded at $229.2670. 265,247 shares changed hands during trading, a decline of 78% from the average session volume of 1,227,931 shares.
Revenue Growth: Double-digit growth in the first quarter of 2026.Bookings: Totaled $2.5 billion, up 24% year-over-year.Book-to-Bill Ratio: Healthy at 1.2% for
Explore how Dover's (DOV) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
DOWNERS GROVE, Ill., April 28, 2026 /PRNewswire/ -- OPW Engineered Systems, part of Dover (NYSE: DOV), today announced the launch of the HyperFlow™ high-flow data center dry disconnect coupler.
DOWNERS GROVE, Ill., May 8, 2026 /PRNewswire/ -- The Board of Directors of Dover Corporation (NYSE: DOV) today declared a regular quarterly cash dividend of $0.52 (fifty-two cents) per share, payable on June 15, 2026, to shareholders of record as of May 29, 2026.
DOWNERS GROVE, Ill., May 13, 2026 /PRNewswire/ -- SWEP, part of Dover (NYSE: DOV) and a world-leading supplier of brazed plate heat exchangers (BPHEs), today announced plans to continue expanding its global manufacturing capacity to meet growing demand that serve the global data center as well as industrial and commercial heating/cooling markets.
