PLPC icon

Preformed Line Products

146.85 USD
+4.99
3.52%
At close Mar 24, 4:00 PM EDT
Pre-market
146.65
-0.20
0.14%
1 day
3.52%
5 days
-1.58%
1 month
11.55%
3 months
14.58%
6 months
19.95%
Year to date
14.34%
1 year
19.39%
5 years
231.42%
10 years
223.46%
 

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: 3,401

0
Funds holding %
of 7,390 funds
Analysts bullish %

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% less funds holding

Funds holding: 116 [Q3] → 109 (-7) [Q4]

6.08% less ownership

Funds ownership: 47.46% [Q3] → 41.38% (-6.08%) [Q4]

13% less capital invested

Capital invested by funds: $298M [Q3] → $259M (-$39.3M) [Q4]

35% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 17

Research analyst outlook

We haven’t received any recent analyst ratings for PLPC.

Financial journalist opinion

Based on 3 articles about PLPC published over the past 30 days

Neutral
PRNewsWire
5 days ago
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
CLEVELAND , March 19, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 10, 2025, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 21, 2025, to shareholders of record at the close of business on April 1, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
Positive
Zacks Investment Research
5 days ago
PLPC Earnings Surge Y/Y in Q4, Stock Gains 22.4% Since Results
Preformed Line Products posts 15% y/y Q4 sales growth, a 65% EPS jump and a $33.7-million debt reduction, signaling recovery from market de-stocking trends.
PLPC Earnings Surge Y/Y in Q4, Stock Gains 22.4% Since Results
Neutral
PRNewsWire
1 week ago
PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS
CLEVELAND , March 13, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter of 2024 and full year ended December 31, 2024. Q4/Full Year 2024 Highlights: Quarterly net sales of $167.1 million, an increase of 15% from Q4 2023 and 14% from Q3 2024 Diluted EPS of $2.13, an increase of 65% from Q4 2023 and 38% from Q3 2024 Debt reduction of $33.7 million in 2024 due to strong cash generation Net sales in the fourth quarter of 2024 were $167.1 million compared to $145.6 million in the fourth quarter of 2023, a 15% increase.
PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER 2024 FINANCIAL RESULTS
Neutral
PRNewsWire
3 months ago
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
CLEVELAND , Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
Negative
Zacks Investment Research
4 months ago
Preformed Line Products Earnings and Sales Decline Y/Y in Q3
PLPC's earnings in Q3 reflect the impacts of reduced sales volume, particularly in the U.S. segment.
Preformed Line Products Earnings and Sales Decline Y/Y in Q3
Neutral
PRNewsWire
4 months ago
PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS
CLEVELAND , Oct. 30, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2024. Net sales in the third quarter of 2024 were $147.0 million compared to $160.4 million in the third quarter of 2023, an 8% decrease.
PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS
Neutral
Zacks Investment Research
4 months ago
The Zacks Analyst Blog Costco, The Coca-Cola, T-Mobile US and Preformed Line Products
Costco, The Coca-Cola, T-Mobile US and Preformed Line Products are included in this Analyst Blog.
The Zacks Analyst Blog Costco, The Coca-Cola, T-Mobile US and Preformed Line Products
Neutral
PRNewsWire
6 months ago
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
CLEVELAND , Sept. 19, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on September 18, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 21, 2024, to shareholders of record at the close of business on October 1, 2024.
PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND
Negative
Zacks Investment Research
7 months ago
Preformed Line Products (PLPC) Earnings Decline Y/Y in Q2
A continued slowdown in spending within the communications end market hurt Preformed Line Products' (PLPC) earnings in Q2.
Preformed Line Products (PLPC) Earnings Decline Y/Y in Q2
Neutral
PRNewsWire
7 months ago
PREFORMED LINE PRODUCTS ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS
CLEVELAND , July 31, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter of 2024. Net sales in the second quarter of 2024 were $138.7 million compared to $181.8 million in the second quarter of 2023, a 24% decrease.
PREFORMED LINE PRODUCTS ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS
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