TD Private Client Wealth LLC Acquires 162 Shares of Plexus Corp. $PLXS

TD Private Client Wealth LLC boosted its holdings in Plexus Corp. (NASDAQ:PLXS) by 31.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 676 shares of the technology company’s stock after acquiring an additional 162 shares during the period. TD Private Client Wealth LLC’s holdings in Plexus were worth $91,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc raised its stake in Plexus by 1,000.0% in the 1st quarter. Versant Capital Management Inc now owns 473 shares of the technology company’s stock valued at $61,000 after acquiring an additional 430 shares during the period. Banque Transatlantique SA bought a new stake in Plexus in the 1st quarter valued at $71,000. N.E.W. Advisory Services LLC bought a new stake in Plexus in the 1st quarter valued at $87,000. Blue Trust Inc. grew its holdings in Plexus by 49.2% in the 1st quarter. Blue Trust Inc. now owns 846 shares of the technology company’s stock valued at $108,000 after buying an additional 279 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in Plexus in the 1st quarter valued at $121,000. Institutional investors own 94.45% of the company’s stock.

Insider Transactions at Plexus

In other Plexus news, CFO Patrick John Jermain sold 2,500 shares of the stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $137.71, for a total value of $344,275.00. Following the completion of the transaction, the chief financial officer directly owned 20,959 shares in the company, valued at approximately $2,886,263.89. This trade represents a 10.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Victor (Pang Hau) Tan sold 3,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $139.00, for a total value of $417,000.00. Following the completion of the transaction, the insider owned 8,723 shares of the company’s stock, valued at $1,212,497. This represents a 25.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,356 shares of company stock valued at $1,926,890. 1.76% of the stock is currently owned by corporate insiders.

Plexus Price Performance

Plexus stock opened at $143.27 on Tuesday. The company has a current ratio of 1.58, a quick ratio of 0.74 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $3.87 billion, a PE ratio of 24.41 and a beta of 0.82. Plexus Corp. has a 12 month low of $103.43 and a 12 month high of $172.89. The stock has a 50-day moving average price of $134.58 and a two-hundred day moving average price of $131.18.

Plexus (NASDAQ:PLXS) last posted its earnings results on Wednesday, July 23rd. The technology company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.71 by $0.19. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Plexus had a return on equity of 12.33% and a net margin of 4.04%.The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the company earned $1.45 earnings per share. Plexus has set its Q4 2025 guidance at 1.820-1.970 EPS. Analysts expect that Plexus Corp. will post 5.9 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on PLXS shares. Stifel Nicolaus set a $140.00 price objective on Plexus in a report on Thursday, July 24th. Williams Trading set a $165.00 price objective on Plexus in a report on Monday, September 22nd. Benchmark upped their price objective on Plexus from $160.00 to $165.00 and gave the company a “buy” rating in a report on Monday, September 22nd. Sidoti raised Plexus from a “neutral” rating to a “buy” rating and upped their price objective for the company from $135.00 to $150.00 in a report on Friday, July 25th. Finally, Needham & Company LLC decreased their price objective on Plexus from $162.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, July 24th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Plexus currently has an average rating of “Moderate Buy” and a consensus target price of $155.60.

Plexus Profile

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.