Y Intercept Hong Kong Ltd Acquires Shares of 1,948 Preformed Line Products Company $PLPC

Posted by Stanley Muller on Jul 14th, 2026

Y Intercept Hong Kong Ltd bought a new position in Preformed Line Products Company (NASDAQ:PLPC – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,948 shares of the technology company’s stock, valued at approximately $527,000.

Several other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its position in shares of Preformed Line Products by 18.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,625 shares of the technology company’s stock valued at $711,000 after acquiring an additional 405 shares in the last quarter. Wasatch Advisors LP acquired a new position in Preformed Line Products in the 1st quarter worth approximately $30,565,000. Ritholtz Wealth Management grew its position in Preformed Line Products by 11.2% during the 1st quarter. Ritholtz Wealth Management now owns 9,389 shares of the technology company’s stock worth $2,542,000 after purchasing an additional 943 shares in the last quarter. Pullen Investment Management LLC grew its position in Preformed Line Products by 1.4% during the 1st quarter. Pullen Investment Management LLC now owns 6,891 shares of the technology company’s stock worth $1,866,000 after purchasing an additional 92 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in Preformed Line Products by 1,929.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 548 shares of the technology company’s stock valued at $113,000 after purchasing an additional 521 shares during the period. 41.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PLPC has been the subject of a number of research analyst reports. Freedom Capital lowered Preformed Line Products from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Weiss Ratings lowered Preformed Line Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen raised Preformed Line Products from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Preformed Line Products currently has an average rating of “Hold” and a consensus target price of $275.00.

Read Our Latest Research Report on PLPC

Preformed Line Products Price Performance

Shares of NASDAQ:PLPC opened at $340.03 on Tuesday. The company has a current ratio of 3.01, a quick ratio of 1.78 and a debt-to-equity ratio of 0.07. Preformed Line Products Company has a 1 year low of $139.04 and a 1 year high of $414.35. The business has a fifty day simple moving average of $366.35 and a 200 day simple moving average of $302.21. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 48.93 and a beta of 0.88.

Preformed Line Products (NASDAQ:PLPC – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.32. Preformed Line Products had a return on equity of 8.96% and a net margin of 4.92%.The firm had revenue of $176.28 million during the quarter, compared to analysts’ expectations of $178.00 million.

Preformed Line Products Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, July 1st. Preformed Line Products’s payout ratio is currently 12.09%.

Preformed Line Products Company Profile

(Free Report)

Preformed Line Products Company (NASDAQ: PLPC) is a global manufacturer of engineered solutions for electric, telecommunications and industrial infrastructure networks. The company designs, engineers and produces a broad portfolio of products, including preformed wire and cable fittings, anchors, suspension and tension clamps, splice closures and optical fiber hardware. These durable components support the installation, repair and maintenance of overhead and underground systems, helping utilities and contractors manage reliability and safety in demanding environments.

Founded in 1947 and headquartered in Mayfield Village, Ohio, Preformed Line Products operates manufacturing facilities and distribution centers across North America, Europe and the Asia Pacific region.