Plexus Corp. (PLXS)

In the past six months, Plexus Corp. experienced several notable stock events, including a 14.5% gain in shares as of December 24, 2025, and breaking below its 200-day moving average on November 20, 2025. The company reported strong fiscal first-quarter 2026 results on January 28, 2026, leading to a surge in shares and reaching an all-time high closing price of $206.22 on February 6, 2026. Significant insider selling occurred around this time, including the President and Executive VP & CFO.

Plexus Corp. experiences some demand seasonality, particularly in certain subsectors, such as energy, which led to an expected revenue decrease in the fiscal first quarter for the Industrial segment. Seasonal compensation headwinds are anticipated to impact Q2 margins, though management plans to offset these with productivity improvements. The company has noted robust global demand for its solutions and has observed recent strengthening in healthcare, semiconductor capital equipment, industrial equipment, and various subsectors within Aerospace & Defense. Management anticipates a modest improvement in overall end-market demand for fiscal 2026.

Plexus Corp. is a global leader in electronic manufacturing services (EMS), operating within the Technology sector, specifically in the Electronic Manufacturing Services (EMS) industry. The company specializes in designing, manufacturing, and servicing intricate electronic products for clients in highly regulated environments, offering solutions across the entire product lifecycle. Plexus serves diverse market sectors, with a significant focus on Healthcare/Life Sciences, Industrial, and Aerospace/Defense, supporting life-saving medical devices, mission-critical aerospace and defense products, industrial automation systems, and semiconductor capital equipment.

Plexus Corp., headquartered in Neenah, Wisconsin, maintains a global operational presence through three primary geographical segments: Americas (AMER), Asia-Pacific (APAC), and Europe, Middle East, and Africa (EMEA). Its network includes 26 global facilities and six design centers across North America, Europe, and Asia.

Plexus Corp. has demonstrated a strong brand reputation, driven by its dedication to customer success and strategic investments in talent, technology, and infrastructure. The company has achieved significant momentum through robust program launches and increased demand in key industries. CEO Todd Kelsey has highlighted the company's ongoing strategic focus and commitment to customer satisfaction as key drivers for market share gains and leadership. Operational enhancements across its global sites have also contributed to balancing costs associated with capacity expansion.

Plexus Corp. is predominantly owned by institutional shareholders, who hold 97.09% of the company's stock, while insiders own 3.55%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Disciplined Growth Investors Inc, Dimensional Fund Advisors Lp, Fiduciary Management Inc /wi/, American Century Companies Inc, State Street Corp, BNP Paribas Asset Management Holding S.A., Earnest Partners LLC, and Geode Capital Management LLC. BlackRock, Inc. is the largest individual Plexus shareholder, holding 15.77% of the company's shares.