Preformed Line Ownership

PLPC Stock  USD 136.02  0.17  0.12%   
The market capitalization of Preformed Line Products is $667 Million. Preformed Line has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
 
Shares in Circulation  
First Issued
2009-03-31
Previous Quarter
M
Current Value
M
Avarage Shares Outstanding
M
Quarterly Volatility
0.0
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Preformed Line in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Preformed Line, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividend Payout Ratio is expected to grow to 0.1, whereas Dividends Paid is forecasted to decline to about 3.4 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 65.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 4.3 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Preformed Stock Ownership Analysis

About 51.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Preformed Line Products recorded earning per share (EPS) of 6.66. The entity last dividend was issued on the 1st of October 2024. The firm had 2:1 split on the 11th of June 1998. 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 was incorporated in 1947 and is headquartered in Mayfield, Ohio. Preformed Line operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 2927 people. To find out more about Preformed Line Products contact Robert Ruhlman at 440 461 5200 or learn more at https://www.preformed.com.
Besides selling stocks to institutional investors, Preformed Line also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Preformed Line's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Preformed Line's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Preformed Line Quarterly Liabilities And Stockholders Equity

591.95 Million

Preformed Line Insider Trades History

About 51.0% of Preformed Line Products are currently held by insiders. Unlike Preformed Line's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Preformed Line's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Preformed Line's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Preformed Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Preformed Line is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Preformed Line Products backward and forwards among themselves. Preformed Line's institutional investor refers to the entity that pools money to purchase Preformed Line's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2024-09-30
35.3 K
Charles Schwab Investment Management Inc2024-09-30
32.6 K
Pnc Financial Services Group Inc2024-09-30
28 K
Bank Of New York Mellon Corp2024-06-30
27.4 K
Cm Management, Llc2024-09-30
27 K
Arrowstreet Capital Limited Partnership2024-06-30
25.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
25.2 K
Fmr Inc2024-09-30
25.1 K
Empowered Funds, Llc2024-06-30
23.8 K
Dimensional Fund Advisors, Inc.2024-09-30
372.3 K
Royce & Associates, Lp2024-09-30
304.6 K
Note, although Preformed Line's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Preformed Line Products Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Preformed Line insiders, such as employees or executives, is commonly permitted as long as it does not rely on Preformed Line's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Preformed Line insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
O'shaughnessy Timothy over a week ago
Disposition of 700 shares by Oshaughnessy Timothy of Preformed Line at 130.34 subject to Rule 16b-3
 
Caroline Vaccariello over a month ago
Disposition of 6000 shares by Caroline Vaccariello of Preformed Line at 156.15 subject to Rule 16b-3
 
Robert Ruhlman over three months ago
Acquisition by Robert Ruhlman of 405200 shares of Preformed Line subject to Rule 16b-3
 
Third Restatement Of Barbara P. Ruhlman Trust Agreement, Dated November 20, 2008 over three months ago
Disposition of 604213 shares by Third Restatement Of Barbara P. Ruhlman Trust Agreement, Dated November 20, 2008 of Preformed Line subject to Rule 16b...
 
John Hofstetter over three months ago
Disposition of 719 shares by John Hofstetter of Preformed Line at 130.5 subject to Rule 16b-3
 
David C Sunkle over six months ago
Disposition of 2000 shares by David C Sunkle of Preformed Line at 131.9 subject to Rule 16b-3
 
Caroline Vaccariello over six months ago
Exercise or conversion by Caroline Vaccariello of 2794 shares of Preformed Line subject to Rule 16b-3
 
Caroline Vaccariello over six months ago
Exercise or conversion by Caroline Vaccariello of 1397 shares of Preformed Line subject to Rule 16b-3
 
Caroline Vaccariello over a year ago
Disposition of 6000 shares by Caroline Vaccariello of Preformed Line subject to Rule 16b-3
 
Michael Weisbarth over a year ago
Exercise or conversion by Michael Weisbarth of 5000 shares of Preformed Line subject to Rule 16b-3
 
Caroline Vaccariello over a year ago
Exercise or conversion by Caroline Vaccariello of 4132 shares of Preformed Line subject to Rule 16b-3

Preformed Line Outstanding Bonds

Preformed Line issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Preformed Line Products uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Preformed bonds can be classified according to their maturity, which is the date when Preformed Line Products has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Preformed Line Corporate Filings

F4
21st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
7th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
31st of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
30th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

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When determining whether Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Preformed Line. If investors know Preformed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Preformed Line listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Dividend Share
0.8
Earnings Share
6.66
Revenue Per Share
116.621
Quarterly Revenue Growth
(0.08)
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.