Preformed Line Products Company
In the published model solve dated 2026-Q2, anchored at $470.56, Preformed Line Products Company (PLPC) is priced for today's economics sustained for ~5.5 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.
- The price sits far above where most valuation methods land. At about $385 the market pays roughly 33 times company-wide operating income, and only the growth-DCF family reaches that level; the asset frames sit near one-fifth of the price and the earnings-power frames near one-seventh. The premium is a bet on durable compounding the static methods cannot capture. - That bet is concrete: the inverted price implies about 24.1% annual operating-profit growth for five years, well above the company'
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175 institutional managers reported holding PLPC in 13F filings for the quarter ended 2026-03-31. Together they hold about 66% of the company; the top 10 hold 45%. 47 opened new positions that quarter. Held by Dimensional Fund Advisors, BlackRock, Vanguard Group, among others. On the short side, 246k shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (2.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
PLPC's share count is about flat over the past five years ($55.87M of repurchases, offset by issuance). It pays a dividend, and has paid one every year in our records (16 and counting); the current rate is $0.81 a share annually. Cash returned over the past three years: $11.27M in dividends and $45.19M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at PLPC over the trailing three years. Absence is a fact about the company, not a signal. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
PLPC's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | -8.8% | -0.9% |
| 2023-11-03 | -18.5% | +8.5% |
| 2024-03-09 | -3.9% | +1.6% |
| 2024-05-03 | +4.1% | -4.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
PLPC's latest 8-K filings: 2026-07-29 (items 2.02, 7.01, 9.01); 2026-07-27 (items 8.01, 9.01); 2026-05-04 (items 5.07); 2026-04-29 (items 2.02, 7.01, 9.01); 2026-03-04 (items 2.02, 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.