Stocks/PLPC

PLPC

Preformed Line Products Company
Industrials·Electrical Equipment & Parts
$369.82
$1.8B market cap
Revenue
$349.4M
Free Cash Flow
$7.8M
Rev Growth
+0.0%
FCF Margin
2.2%
P/FCF
230.5x
EV/FCF
227.0x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable operator, information, and other industries. The company offers formed wire products to support, protect, terminate, and secure power conductor and communication cables, as well as to control cable dynamics; and hardware products to support and

2-Year Price History

$357.82+182.3%
$150$200$250$300$350volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q1176.313.713.710.56.1-4.0-10.069.542.04.920.7%59.1x--
Act2025-Q4173.117.911.88.421.911.8-10.283.447.94.915.6%16.4x--

Valuation & Metrics

Market Stats

Price$369.82
Market Cap$1.8B
Enterprise Value$1.8B
P/S Ratio5.2x
P/FCF230.5x
EV/FCF227.0x
FCF Margin (TTM)2.2%
FCF Yield0.4%
Dividend Yield (TTM)0.2%
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$349.4M
Net Income$19.0M
Free Cash Flow$7.8M

Revenue Growth (YoY)+0.0%
EBITDA Margin9.0%
Net Margin5.4%
FCF Margin2.2%
CapEx % of Revenue5.8%
SBC % of Revenue1.0%
ROIC18.1%
WC Change % Rev-3.9%
Interest Coverage36.8x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.2M
Days to Cover1.2
Change (vs Prior)-12.5%
Need at least 2 settlement dates for chart

Employees

Headcount3,401
Revenue / Employee$102,731
Gross Profit / Employee$31,414

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
38.7%(+26.4% YoY)
162 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
13.6%(+6.1% YoY)
11 filers
Vanguard, iShares, SPDR
Market makers
0.7%(+0.7% YoY)
9 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
HighTower Advisors, LLC$262M$165.24+$509K+$219M-0.2%$93.93B
DIMENSIONAL FUND ADVISORS LPPassive$77.1M$101.78−$6.1M−$21.9M-0.4%$480.92B
BlackRock, Inc.Passive$55.4M$136.44+$1.4M+$6.0M-0.2%$5.69T
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$40.7M$141.52−$19.7M−$18.2M+1.7%$73.71B
WASATCH ADVISORS INC$30.6M$270.54+$30.5M+$30.6M-2.9%$14.87B
VANGUARD CAPITAL MANAGEMENT LLCPassive$29.9M$270.54+$29.9M+$29.9M$4.04T
Neuberger Berman Group LLC$26.7M$241.30+$14.5M+$26.7M-0.3%$131.37B
FMR LLC$22.9M$196.73+$137K+$17.6M-0.0%$1.89T
ROYCE & ASSOCIATES LP$21.0M$105.16−$10.9M−$56.2M-0.9%$10.09B
GEODE CAPITAL MANAGEMENT, LLCPassive$20.2M$148.66+$309K+$2.3M+2.3%$1.61T
AMERICAN CENTURY COMPANIES INC$16.9M$134.31−$3.1M−$2.6M+0.7%$193.48B
STATE STREET CORPPassive$16.1M$131.07+$414K−$449K-0.2%$2.89T
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$13.4M$270.54+$13.4M+$13.4M$1.91T
Invesco Ltd.$11.5M$165.13−$9.9M−$1.7M-0.2%$652.04B
GOLDMAN SACHS GROUP INC$11.3M$168.40+$1.9M+$8.1M-0.2%$760.93B
Tributary Capital Management, LLC$10.7M$270.54+$10.7M+$10.7M-1.2%$1.03B
Qube Research & Technologies Ltd$9.9M$241.51+$7.2M+$8.4M+0.3%$70.36B
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$9.2M$139.59−$267K+$4.9M+0.1%$184.72B
NORTHERN TRUST CORPPassive$8.3M$182.03+$289K−$1.0M-0.2%$755.34B
RENAISSANCE TECHNOLOGIES LLC$8.0M$154.83−$3.6M−$9.1M+1.2%$63.91B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.11%
avg per quarter
Holders (ex-self)
-0.12%
excl. this stock
Buyers (this Q)
-0.71%
96 buyers · $0.27B in
Sellers (this Q)
-0.37%
52 sellers · $-0.00B out
alpha coverage: 94% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+23.1%
how holders react when this stock falls
On quiet Qs
-5.6%
−10% to +10% baseline
On rallies (+10%+)
-4.7%
how they react when this stock rises
Holders' portfolio flow this Q
+2.9%
inflows — adds are organic
Sellers' portfolio flow this Q
-8.1%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.7%
Holder mid (any stock)
-0.5%
Holder rally (any stock)
-2.3%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

0407K813K1.2M1.6M$60$113$165$218$2712021-062022-062023-062024-062025-062026-03
hover the chart for per-quarter detailprice (right axis)
HighTower Advisors, LLC968KROYCE & ASSOCIATES LP77KMIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.150KKEYBANK NATIONAL ASSOCIATION/OHWASATCH ADVISORS INC113KNeuberger Berman Group LLC99KFMR LLC84KAMERICAN CENTURY COMPANIES INC62KInvesco Ltd.43KGrantham, Mayo, Van Otterloo & Co. LLC29K

Analyst Coverage

Analyst Coverage
Price Targets
Last Quarter (1 analysts)$275.00-2560.0%
Last Year (1 analysts)$275.00-2560.0%
Current Price$369.82
Analyst Ratings
1
Buy: 1Consensus: Buy

Corporate

Order Flow (FINRA, ~3w lag)

7.0%retail-11.6pp
16.5%dark-1.3pp
week of 2026-04-13
0%10%20%30%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

Preformed Line Products Company: Insider-Focused Buybacks Mask Persistent Margin Erosion

Overall Risk
4/10
Fraud
2/10
Dilution
2/10
Insolvency
2/10
Earnings Overstated
4/10
Hidden Liabilities
3/10
Legal
2/10
Audit Warnings
4/10
Hidden Upside
6/10
Contextually Acceptable
8/10