Wellington Management Group LLP Has $23.92 Million Position in ePlus inc. $PLUS

Posted by Francis Steltz on Sep 6th, 2026

Wellington Management Group LLP lessened its stake in ePlus inc. (NASDAQ:PLUS – Free Report) by 37.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 287,417 shares of the software maker’s stock after selling 169,199 shares during the period. Wellington Management Group LLP’s holdings in ePlus were worth $23,922,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in ePlus in the 2nd quarter valued at $337,929,000. First Trust Advisors LP increased its position in ePlus by 118.2% in the first quarter. First Trust Advisors LP now owns 579,047 shares of the software maker’s stock worth $43,573,000 after purchasing an additional 313,674 shares during the period. Neumeier Poma Investment Counsel LLC acquired a new stake in ePlus in the fourth quarter worth about $24,681,000. Bank of New York Mellon Corp acquired a new position in ePlus during the 2nd quarter valued at about $18,210,000. Finally, Bragg Financial Advisors Inc boosted its stake in shares of ePlus by 787.7% in the 4th quarter. Bragg Financial Advisors Inc now owns 181,922 shares of the software maker’s stock valued at $15,955,000 after purchasing an additional 161,428 shares during the last quarter. Institutional investors and hedge funds own 93.80% of the company’s stock.

ePlus Stock Performance

Shares of NASDAQ PLUS opened at $92.10 on Friday. ePlus inc. has a 52-week low of $69.25 and a 52-week high of $98.14. The stock has a market cap of $2.40 billion, a P/E ratio of 20.15, a P/E/G ratio of 1.18 and a beta of 0.97. The firm has a 50 day moving average price of $88.04 and a 200 day moving average price of $83.67.

ePlus (NASDAQ:PLUS – Get Free Report) last posted its earnings results on Tuesday, August 4th. The software maker reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.09. ePlus had a net margin of 4.91% and a return on equity of 11.51%. The company had revenue of $649.11 million for the quarter, compared to analyst estimates of $639.95 million. Analysts predict that ePlus inc. will post 4.86 earnings per share for the current fiscal year.

ePlus Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, August 25th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, August 25th. ePlus’s dividend payout ratio is 23.63%.

Insider Transactions at ePlus

In other news, COO Darren Raiguel sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $90.83, for a total transaction of $90,830.00. Following the sale, the chief operating officer owned 68,036 shares of the company’s stock, valued at $6,179,709.88. This trade represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Elaine Marion sold 5,514 shares of ePlus stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $96.41, for a total value of $531,604.74. Following the transaction, the chief financial officer owned 84,259 shares in the company, valued at $8,123,410.19. This trade represents a 6.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,700 shares of company stock valued at $1,301,128 over the last 90 days. 2.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

PLUS has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of ePlus in a research note on Friday, July 10th. Zacks Research upgraded shares of ePlus from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Get Our Latest Stock Report on ePlus

ePlus Profile

(Free Report)

ePlus Inc (NASDAQ:PLUS) is a technology solutions provider that helps enterprises and public-sector organizations maximize the value of their information technology investments. The company specializes in designing, implementing and managing complex IT infrastructures, with a focus on security, cloud computing, data center modernization and unified communications. By combining consulting services with software license management and hardware procurement, ePlus delivers end-to-end solutions that align with its clients’ strategic objectives.

The company’s offerings include cybersecurity assessments and managed security services, hybrid and public cloud deployments, network architecture and optimization, and collaboration platforms.