Wellington Management Group LLP Makes New $21.23 Million Investment in Plexus Corp. $PLXS

Posted by Brenda Bartman on Sep 7th, 2026

Wellington Management Group LLP bought a new position in Plexus Corp. (NASDAQ:PLXS – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 70,614 shares of the technology company’s stock, valued at approximately $21,232,000. Wellington Management Group LLP owned about 0.26% of Plexus at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PLXS. AQR Capital Management LLC raised its holdings in shares of Plexus by 103.1% in the first quarter. AQR Capital Management LLC now owns 8,384 shares of the technology company’s stock valued at $1,074,000 after purchasing an additional 4,255 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Plexus by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,971 shares of the technology company’s stock valued at $2,046,000 after buying an additional 705 shares during the period. United Services Automobile Association bought a new stake in Plexus in the 1st quarter valued at about $218,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Plexus by 12.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 79,584 shares of the technology company’s stock valued at $10,197,000 after purchasing an additional 9,078 shares during the period. Finally, Cetera Investment Advisers bought a new stake in Plexus during the 2nd quarter valued at $309,000. 94.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PLXS shares. Weiss Ratings downgraded shares of Plexus from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Sidoti upgraded Plexus from a “neutral” rating to a “buy” rating and set a $308.00 price target on the stock in a research report on Friday, July 31st. Stifel Nicolaus boosted their price objective on shares of Plexus from $280.00 to $330.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Needham & Company LLC reissued a “buy” rating and issued a $310.00 target price on shares of Plexus in a research note on Friday, August 14th. Finally, Zacks Research raised shares of Plexus from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to data from MarketBeat, Plexus presently has an average rating of “Buy” and an average price target of $273.00.

Get Our Latest Analysis on Plexus

Insider Activity

In related news, CEO Todd Kelsey sold 1,500 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $294.98, for a total transaction of $442,470.00. Following the sale, the chief executive officer directly owned 68,888 shares of the company’s stock, valued at $20,320,582.24. This trade represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael V. Schrock sold 4,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $275.00, for a total transaction of $1,100,000.00. Following the transaction, the director owned 40,329 shares in the company, valued at $11,090,475. This represents a 9.02% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,500 shares of company stock valued at $2,039,375 over the last ninety days. 1.78% of the stock is currently owned by corporate insiders.

Plexus Price Performance

Shares of NASDAQ:PLXS opened at $245.98 on Monday. The stock has a fifty day simple moving average of $258.47 and a two-hundred day simple moving average of $245.59. The company has a current ratio of 1.49, a quick ratio of 0.72 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $6.58 billion, a price-to-earnings ratio of 36.28 and a beta of 0.89. Plexus Corp. has a 12-month low of $132.03 and a 12-month high of $307.06.

Plexus (NASDAQ:PLXS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.32 EPS for the quarter, beating the consensus estimate of $2.13 by $0.19. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.23 billion. Plexus had a net margin of 4.03% and a return on equity of 12.46%. Plexus’s revenue for the quarter was up 28.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.64 EPS. Plexus has set its Q4 2026 guidance at 2.470-2.630 EPS. On average, research analysts anticipate that Plexus Corp. will post 7.11 earnings per share for the current fiscal year.

Plexus Profile

(Free Report)

Plexus Corp. (NASDAQ: PLXS) is a global provider of electronics manufacturing services (EMS) and precision engineered electronics solutions. Headquartered in Neenah, Wisconsin, the company partners with original equipment manufacturers across industries such as medical, industrial, aerospace and defense, computing, and communications. Plexus offers a full suite of services that span new product introduction, product lifecycle management, supply chain management, printed circuit board assembly, system integration, and aftermarket support.

Founded in 1979, Plexus has grown from a regional electronics assembler into a multinational organization with manufacturing and engineering centers across North America, Europe, and Asia.