Wasatch Advisors LP Acquires 7.7% Stake in Preformed Line Products Co (PLPC)

On July 17, 2026, Wasatch Advisors LP filed a Schedule 13G with the SEC, disclosing a new significant ownership stake in Preformed Line Products Co (PLPC). As of the event date on June 30, 2026, the investment firm reported holding 377,367 shares of common stock, representing a 7.7% ownership interest in the company. This position marks a substantial increase from a previous holding of zero shares, establishing Wasatch Advisors LP as a major institutional shareholder. According to the filing, Wasatch Advisors LP possesses sole dispositive power over all 377,367 shares and sole voting power over 275,995 shares. The filing was made under Rule 13d-1(b), indicating that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Wasatch Advisors LP is a Delaware limited partnership based in Salt Lake City, Utah, and is registered as an investment adviser. This transaction highlights a significant new institutional commitment to Preformed Line Products Co.