Encore Wire Ownership

WIRE Stock  USD 280.50  0.07  0.02%   
Encore Wire retains a total of 15.79 Million outstanding shares. The majority of Encore Wire outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Encore Wire to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Encore Wire. Please pay attention to any change in the institutional holdings of Encore Wire as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
 
Shares in Circulation  
First Issued
1991-03-31
Previous Quarter
16.1 M
Current Value
16.1 M
Avarage Shares Outstanding
23.7 M
Quarterly Volatility
6.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Encore Wire in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Encore Wire, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividend Payout Ratio is expected to grow to 0, whereas Dividends Paid is projected to grow to (1.3 M). The current year's Common Stock Shares Outstanding is expected to grow to about 19.3 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 866.8 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.

Encore Stock Ownership Analysis

About 93.0% of the company outstanding shares are owned by institutional investors. The book value of Encore Wire was at this time reported as 114.88. The company has Price/Earnings To Growth (PEG) ratio of 2.09. Encore Wire recorded earning per share (EPS) of 19.05. The entity last dividend was issued on the 5th of July 2024. The firm had 3:2 split on the 17th of August 2004. Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. Encore Wire operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 1440 people. For more information please call Daniel Jones at 972 562 9473 or visit https://www.encorewire.com.
Besides selling stocks to institutional investors, Encore Wire also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Encore Wire's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Encore Wire's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Encore Wire Quarterly Liabilities And Stockholders Equity

2.04 Billion

Encore Wire Insider Trades History

About 7.0% of Encore Wire are currently held by insiders. Unlike Encore Wire's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Encore Wire's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Encore Wire's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Encore Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Encore Wire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Encore Wire backward and forwards among themselves. Encore Wire's institutional investor refers to the entity that pools money to purchase Encore Wire's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2023-12-31
346.2 K
Arrowstreet Capital Limited Partnership2023-12-31
313.9 K
American Century Companies Inc2023-12-31
310.2 K
Royce & Associates, Lp2023-12-31
302.2 K
Northern Trust Corp2023-12-31
259.8 K
Hhg Plc2023-12-31
238.7 K
Alliancebernstein L.p.2023-12-31
220.2 K
Charles Schwab Investment Management Inc2023-12-31
215.3 K
Bank Of New York Mellon Corp2023-12-31
170.6 K
Blackrock Inc2023-12-31
2.7 M
Vanguard Group Inc2023-12-31
1.7 M
Note, although Encore Wire's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Encore Wire Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Encore Wire insiders, such as employees or executives, is commonly permitted as long as it does not rely on Encore Wire's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Encore Wire insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Encore Wire Corporate Filings

10th of May 2024
Other Reports
ViewVerify
8K
9th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
8th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
25th of April 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

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When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Encore Wire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Encore Wire. If investors know Encore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Encore Wire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
0.08
Earnings Share
19.05
Revenue Per Share
155.987
Quarterly Revenue Growth
(0.04)
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Wire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.