Preformed Line Products (PLPC)

• Market cap: $658M
• 1 day: -3.46%
• 5 days: -5.90%
• 1 month: 3.96%
• 3 months: -1.38%
• 6 months: 13.36%
• Year to date: 4.59%
• 1 year: 2.07%
• 5 years: 141.45%
• 10 years: 193.92%
• Sector: Industrials
• Industry: Water, Sewer, Pipeline, Comm & Power Line Construction

About: Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in The Americas with operations also in PLP-USA, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

Employees: 3,520

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

8% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 36

6.46% less ownership

Funds ownership: 47.47% [Q3] → 41.01% (-6.46%) [Q4]

8% less funds holding

Funds holding: 116 [Q3] → 107 (-9) [Q4]

14% less capital invested

Capital invested by funds: $298M [Q3] → $257M (-$41.7M) [Q4]

47% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 17