DNOW IncDNOW
Market Cap: $1.28B
About: Dnow Inc is a company engaged in world-wide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. It offers a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.
Employees: 2,625
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
173% more call options, than puts
Call options by funds: $881K | Put options by funds: $323K
21% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 77
13% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 40
2.2% more ownership
Funds ownership: 98.84% [Q1] → 101.05% (+2.2%) [Q2]
2% more funds holding
Funds holding: 262 [Q1] → 267 (+5) [Q2]
7% less capital invested
Capital invested by funds: $1.59B [Q1] → $1.48B (-$109M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stifel Nathan Jones 72% 1-year accuracy 46 / 64 met price target | 41%upside $17 | Buy Maintained | 18 Jul 2024 |
Susquehanna Charles Minervino 31% 1-year accuracy 17 / 55 met price target | 16%upside $14 | Neutral Maintained | 11 Jul 2024 |