Distribution Solutions Group
DSGR

$34.39

1.15%

Market Cap: $1.61B

About: Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education, and medical industries.

Employees: 3,700

Industrials Machinery, Equipment & Supplies

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

18% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 22

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

0.09% less ownership

Funds ownership: 92.81% [Q1] → 92.72% (-0.09%) [Q2]

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

1% less funds holding

Funds holding: 77 [Q1] → 76 (-1) [Q2]

15% less capital invested

Capital invested by funds: $1.54B [Q1] → $1.3B (-$238M) [Q2]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $51K

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$42

22%

upside

Avg. target

$43

24%

upside

High target

$43

25%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Barrington Research Kevin Steinke 64% 1-year accuracy 32 / 50 met price target	25%upside $43	Outperform Maintained	19 Aug 2024
Stephens & Co. Tommy Moll 92% 1-year accuracy 22 / 24 met price target	22%upside $42	Overweight Reiterated	5 Aug 2024

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Financial journalist opinion

Based on 5 articles about DSGR published over the past 30 days

Zacks Investment Research

Are Business Services Stocks Lagging Distribution Solutions Group (DSGR) This Year?

Here is how Distribution Solutions Group (DSGR) and SGS SA (SGSOY) have performed compared to their sector so far this year.

Are Business Services Stocks Lagging Distribution Solutions Group (DSGR) This Year?

Distribution Solutions Group: Stabilizing

Distribution Solutions Group is seeing stabilizing demand as various industrial and tech-related end-markets have started to turn the quarter over the past few quarters. The above stabilization is supported by various internal initiatives like cross-selling their recent acquisitions, as well as growing margins via improved cost alignment (elimination of duplicate costs). DSGR's valuation is closer to what I'd deem as a fair, however their capital allocation and internal initiatives support a positive long-term fundamental outlook.

Distribution Solutions Group: Stabilizing

Zacks Investment Research

Distribution Solutions Group (DSGR) Just Flashed Golden Cross Signal: Do You Buy?

From a technical perspective, Distribution Solutions Group, Inc. (DSGR) is looking like an interesting pick, as it just reached a key level of support. DSGR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

Distribution Solutions Group (DSGR) Just Flashed Golden Cross Signal: Do You Buy?

Distribution Solutions Group to Participate in Two Conferences: 15th Annual Midwest IDEAS Conference & Jefferies Industrial Conference

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company, today announced that management is participating in one-on-one investor meetings and presenting at the following conferences. 15th Annual Midwest IDEAS Conference in Chicago on August 28, 2024, with one-on-one investor meetings and a 2:45 p.m. CT presentation time. Jefferies Industrial Conference in New York City on September 5.

Distribution Solutions Group to Participate in Two Conferences: 15th Annual Midwest IDEAS Conference & Jefferies Industrial Conference

Distribution Solutions Group Announces Closing of Source Atlantic Acquisition and Expansion of Its Credit Facility

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced the closing on its previously announced agreement to acquire Source Atlantic Limited (“Source Atlantic”) which was funded by the Company's senior secured credit facility. Additionally, on August 14, 2024, the Company entered into an amendment to its Amended and Restated Credit Agreement, dated April 1, 2022, increasing the borr.

Distribution Solutions Group Announces Closing of Source Atlantic Acquisition and Expansion of Its Credit Facility

Distribution Solutions Group, Inc. (DSGR) Q2 2024 Earnings Call Transcript

Distribution Solutions Group, Inc. (NASDAQ:DSGR ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Steven Hooser - Three Part Advisors J. Bryan King – CEO and Chairman Ron Knutson – EVP and CFO Conference Call Participants Kevin Steinke - Barrington Research Operator Good day, and welcome to the Distribution Solutions Group Second Quarter 2024 Earnings Conference Call.

Distribution Solutions Group, Inc. (DSGR) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Distribution Solutions Group (DSGR) Q2 Earnings and Revenues Top Estimates

Distribution Solutions Group (DSGR) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.26 per share a year ago.

Distribution Solutions Group (DSGR) Q2 Earnings and Revenues Top Estimates

Distribution Solutions Group Announces 2024 Second Quarter Results

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ:DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced consolidated results for the second quarter ended June 30, 2024. This press release is supplemented by an earnings presentation at https://investor.distributionsolutionsgroup.com/news/events. The following represents a summary of certain operating results (unaudited). See the reconciliations of GAAP to non-GAAP measures in Table.

Distribution Solutions Group Announces 2024 Second Quarter Results

Distribution Solutions Group Announces Timing for Second Quarter 2024 Results and Conference Call

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group Announces Timing for Second Quarter 2024 Results and Conference Call.

Distribution Solutions Group Announces Timing for Second Quarter 2024 Results and Conference Call

Distribution Solutions Group Enters into Agreement to Acquire Source Atlantic

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company, Lawson Products, under its affiliate Lawson Products Canada, Inc. (“Lawson Canada”), signed an agreement to acquire Source Atlantic Limited (“Source Atlantic”). The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. Source A.

Distribution Solutions Group Enters into Agreement to Acquire Source Atlantic

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