Preformed Line Products

PLPC

Market cap $1.46B

Preformed Line Products remains a prime beneficiary of U.S. grid modernization and AI data center power demand. Q4 net sales grew 4% year-over-year, with the order backlog surging 22%, validating sustained demand for PLPC's transmission components. Gross margin compressed to 29.8% in Q4, in line with expectations, as tariff-driven costs are pushed through accounting methods before the recovery begins.

CLEVELAND, March 18, 2026 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 13, 2026, declared a regular quarterly dividend in the amount of $0.21 per share on the Company's common shares, payable April 20, 2026, to shareholders of record at the close of business on April 1, 2026. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.

PLPC posts higher y/y sales but lower earnings in Q4 as tariffs and rising input costs pressure margins despite strong demand in energy and communications markets.

CLEVELAND, March 4, 2026 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter of 2025 and full year ended December 31, 2025. Q4/Full Year 2025 highlights: Quarterly net sales of $173.1 million, an increase of 4% from Q4 2024 Annual net sales growth of 13% from 2024, totaling $669.3 million Full year diluted EPS of $7.14; adjusted full year diluted EPS of $8.70, a 16% increase from 2024 Backlog increased 22% to $232.8 million, reflecting robust demand in core markets Quarterly dividend increased 5% to $0.21 per share Net sales in the fourth quarter of 2025 were $173.1 million compared to $167.1 million in the fourth quarter of 2024, a 4% increase.

Preformed Line Products Company remains a soft 'Buy' as rapid revenue and cash flow growth outpace the S&P 500. PLPC's U.S. and Americas segments are driving expansion, fueled by BEAD program funding and a strategic acquisition in Brazil. Despite fair valuation multiples, PLPC trades at a discount to peers, supporting continued upside potential.

Preformed Line Products' strong revenue growth, solid balance sheet and global reach support its place as a steady long-term portfolio holding.

Preformed Line Products stock seems to fly under the radar of many investors. The Ohio-based company is growing at a healthy clip, is profitable, has significant insider ownership, and maintains a clean balance sheet.

CLEVELAND , Dec. 11, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (NASDAQ: PLPC) announced that its Board of Directors has approved a 5% increase in the company's quarterly cash dividend. The dividend will rise from $0.20 per share to $0.21 per share, payable on January 20, 2026 to shareholders of record as of January 5, 2026.

Preformed Line Products is mispriced, benefiting from grid modernization and surging data center power demand. PLPC stands to gain from reconductoring trends, advanced conductor adoption, and its high-temperature product line. The company's low-float, insider-aligned share structure could amplify price momentum as grid upgrades accelerate.

Infrastructure spending, grid upgrades, and broadband expansion are fueling a quiet rally in industrial stocks. One lesser-known beneficiary is Preformed Line Products (PLPC) — a small-cap player that's been outperforming bigger peers with solid fundamentals and steady execution.