Dover fueling solutions launches Bulloch POS system in US market

Published 13/08/2025, 21:26
Dover fueling solutions launches Bulloch POS system in US market

DOWNERS GROVE, Ill. - Dover Fueling Solutions (DFS), a part of Dover (NYSE:DOV), announced Wednesday that its Bulloch POS system is now available in the United States market. According to InvestingPro data, Dover currently trades at $182.83 with a market capitalization of $25.05 billion, and analysis suggests the stock is trading near its Fair Value.

The system integrates point of sale, electronic payment systems, and forecourt controllers into a single software solution for fuel and convenience store operators.

"The U.S. retail POS market needed another option," said Kendra Keller, Vice President and General Manager of North America at DFS. "Bulloch has delivered simplicity, reliability and trusted support in Canada for decades."

According to the company, the Bulloch system features dual-terminal redundancy, configuration backups, remote software control, and proactive software monitoring to reduce downtime. DFS claims the system’s customer support team can eliminate up to 80% of POS tech site visits.

The solution is Conexxus- and PCI-compliant and integrates with DFS’s suite of technologies.

Bulloch Technologies, which developed the POS system, was acquired by DFS in January 2024. The company has provided services to Canadian fueling and convenience retailers for over 30 years and currently supports over 8,000 locations in Canada. InvestingPro shows Dover has maintained strong financial health, with 10 analysts recently revising earnings estimates upward.

Dover Fueling Solutions is part of Dover Corporation, a manufacturer with annual revenue of $7.83 billion. The company provides energy dispensing equipment, automation systems, and other solutions to fueling and convenience retail customers globally. Notable for investors, Dover has raised its dividend for 54 consecutive years, currently yielding 1.17%. Get comprehensive analysis and additional insights with a InvestingPro subscription, which includes exclusive access to Dover’s detailed Pro Research Report, one of 1,400+ available for top US stocks.

This information is based on a press release issued by Dover Fueling Solutions.

In other recent news, Dover Corporation reported its second-quarter earnings for 2025, surpassing analyst expectations with an adjusted earnings per share (EPS) of $2.44, compared to the forecasted $2.39. Revenue also exceeded projections, reaching $2.05 billion against an anticipated $2.04 billion. This earnings beat was attributed to cost reductions, productivity improvements, and a favorable product mix that drove margin expansion. Additionally, Dover raised the midpoint of its 2025 guidance by $0.15, indicating a positive outlook for the remainder of the year. In terms of dividends, Dover announced an increase in its quarterly cash dividend to $0.52 per share, up from the previous $0.515 per share. On the analyst front, RBC Capital raised its price target for Dover to $206 while maintaining a Sector Perform rating. Meanwhile, BofA Securities increased its price target to $225 and maintained a Buy rating, citing the company’s cost savings plans that are expected to boost 2026 EPS growth by at least 2%. These developments provide a comprehensive view of Dover’s recent performance and future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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