Plexus Corp. $PLXS Stock Holdings Lifted by Royce & Associates LP

Royce & Associates LP lifted its holdings in Plexus Corp. (NASDAQ:PLXS) by 27.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,459 shares of the technology company’s stock after buying an additional 3,302 shares during the quarter. Royce & Associates LP’s holdings in Plexus were worth $2,272,000 as of its most recent filing with the SEC.

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

Insiders Place Their Bets

In other Plexus news, EVP Angelo Michael Ninivaggi, Jr. sold 3,270 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $264.75, for a total transaction of $865,732.50. Following the sale, the executive vice president directly owned 16,266 shares in the company, valued at approximately $4,306,423.50. The trade was a 16.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Todd P. Kelsey sold 1,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $274.75, for a total transaction of $274,750.00. Following the sale, the chief executive officer owned 71,388 shares in the company, valued at $19,613,853. This trade represents a 1.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 20,471 shares of company stock worth $5,275,401. 1.78% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Plexus from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Benchmark reiterated a “buy” rating and issued a $220.00 price objective on shares of Plexus in a research report on Monday, March 16th. Stifel Nicolaus set a $280.00 price objective on shares of Plexus in a research report on Tuesday. Raymond James Financial reiterated an “outperform” rating and issued a $275.00 price objective on shares of Plexus in a research report on Thursday, April 30th. Finally, Zacks Research downgraded shares of Plexus from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 20th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Plexus currently has an average rating of “Moderate Buy” and a consensus target price of $234.17.

Plexus Trading Up 0.2%

Shares of NASDAQ:PLXS opened at $268.36 on Friday. The company has a market cap of $7.18 billion, a PE ratio of 39.23 and a beta of 0.88. The company’s 50-day moving average price is $237.81 and its 200 day moving average price is $194.54. Plexus Corp. has a fifty-two week low of $115.35 and a fifty-two week high of $275.83. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 0.06.

Plexus (NASDAQ:PLXS) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.18. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.13 billion. Plexus had a net margin of 4.35% and a return on equity of 12.84%. Plexus’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period last year, the firm posted $1.66 EPS. Plexus has set its Q3 2026 guidance at 2.020-2.180 EPS. Sell-side analysts anticipate that Plexus Corp. will post 5.98 earnings per share for the current year.

Plexus Profile

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.