Encore Wire Ownership

WIRE
 Stock
  

USD 140.17  0.08  0.06%   

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. Check out Your Current Watchlist.
  
Encore Wire Dividends per Basic Common Share is projected to increase slightly based on the last few years of reporting. The past year's Dividends per Basic Common Share was at 0.09. The current year Weighted Average Shares is expected to grow to about 23 M. The current year Weighted Average Shares Diluted is expected to grow to about 23.2 M.
Encore Wire retains a total of 18.34 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 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.
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.

Encore Stock Ownership Analysis

About 96.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.6. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Encore Wire has Price/Earnings To Growth (PEG) ratio of 2.09. The entity recorded earning per share (EPS) of 35.48. The firm last dividend was issued on the 5th of January 2023. Encore Wire 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.

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.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.5 K294 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.5 K264 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.5 K290 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.5 K364 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.4 K225 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.4 K180 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.8 K188 K
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.

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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 YOY
0.172
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.064
Return On Assets
0.3452
Return On Equity
0.488
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 Encore Wire value 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.