Vanguard Group Inc. Raises Holdings in DNOW Inc. $DNOW

Vanguard Group Inc. lifted its holdings in shares of DNOW Inc. (NYSE:DNOW) by 66.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 19,498,204 shares of the oil and gas company’s stock after acquiring an additional 7,762,071 shares during the period. Vanguard Group Inc. owned 0.19% of DNOW worth $258,351,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Hillsdale Investment Management Inc. grew its stake in shares of DNOW by 134.8% during the third quarter. Hillsdale Investment Management Inc. now owns 439,700 shares of the oil and gas company’s stock worth $6,705,000 after acquiring an additional 252,400 shares during the last quarter. New York State Common Retirement Fund grew its stake in shares of DNOW by 25.3% during the third quarter. New York State Common Retirement Fund now owns 864,495 shares of the oil and gas company’s stock worth $13,184,000 after acquiring an additional 174,544 shares during the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of DNOW by 58.4% during the third quarter. Y Intercept Hong Kong Ltd now owns 234,617 shares of the oil and gas company’s stock worth $3,578,000 after acquiring an additional 86,509 shares during the last quarter. Allianz Asset Management GmbH grew its stake in shares of DNOW by 15.2% during the third quarter. Allianz Asset Management GmbH now owns 1,404,668 shares of the oil and gas company’s stock worth $21,421,000 after acquiring an additional 185,727 shares during the last quarter. Finally, Picton Mahoney Asset Management grew its stake in shares of DNOW by 116,545.3% during the third quarter. Picton Mahoney Asset Management now owns 110,813 shares of the oil and gas company’s stock worth $1,689,000 after acquiring an additional 110,718 shares during the last quarter. Hedge funds and other institutional investors own 97.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded DNOW from a “hold” rating to a “sell” rating in a report on Saturday. Stifel Nicolaus decreased their target price on DNOW from $18.00 to $16.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Zacks Research downgraded DNOW from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 24th. Finally, Weiss Ratings downgraded DNOW from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, February 27th. Two investment analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $17.00.

Trending Headlines about DNOW

Here are the key news stories impacting DNOW this week:

• Positive Sentiment: DNOW reported first-quarter revenue of $1.18 billion, which came in above analyst expectations of $1.08 billion and rose sharply year over year, suggesting solid demand and helping support the stock. DNOW Reports First Quarter 2026 Results
• Positive Sentiment: The company also highlighted its first-quarter 2026 results and midstream expansion plans, which may reinforce the longer-term growth story for investors. Assessing DNOW (DNOW) Valuation After Recent Share Price Momentum And Midstream Expansion Plans
• Neutral Sentiment: Several earnings recap articles and the earnings call presentation are drawing attention to the quarter, but they largely repeat the same key takeaways: strong revenue growth, but weaker profitability. DNOW Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Market commentary notes that DNOW beat on revenue but missed earnings estimates, which is a mixed signal for the stock. DNOW’s (NYSE:DNOW) Q1 CY2026: Beats On Revenue
• Negative Sentiment: DNOW posted earnings of $0.01 per share, below the $0.05 consensus estimate and far under last year’s $0.22, raising concerns about profitability and margin pressure. DNOW (DNOW) Q1 Earnings Lag Estimates
• Negative Sentiment: Rosen Law Firm announced and reiterated a securities class action investigation into whether DNOW may have issued misleading business information, which can add legal overhang and pressure sentiment. ROSEN, LEADING INVESTOR COUNSEL, Encourages DNOW Inc. Investors to Inquire About Securities Class Action Investigation – DNOW

DNOW Trading Up 0.3%

DNOW stock opened at $13.08 on Friday. The company has a quick ratio of 1.11, a current ratio of 2.34 and a debt-to-equity ratio of 0.18. DNOW Inc. has a 52 week low of $10.94 and a 52 week high of $17.26. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of -17.92 and a beta of 0.85. The stock has a 50-day moving average price of $12.11 and a 200 day moving average price of $13.48.

DNOW (NYSE:DNOW) last released its earnings results on Thursday, May 7th. The oil and gas company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). DNOW had a positive return on equity of 5.43% and a negative net margin of 4.14%.The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the firm earned $0.22 EPS. The company’s revenue for the quarter was up 97.5% compared to the same quarter last year. Sell-side analysts anticipate that DNOW Inc. will post 0.66 EPS for the current year.

DNOW Company Profile

DistributionNOW (NYSE: DNOW) is a global distributor of energy and industrial products, serving a broad range of end-markets including oil and gas, petrochemical, power generation, and industrial manufacturing. Headquartered in Houston, Texas, the company provides solutions across the life cycle of energy and industrial assets, with an emphasis on safety, reliability and operational efficiency.

The company’s core product portfolio includes piping systems and related components (such as valves, fittings, flanges and gaskets), instrumentation, electrical and automation equipment, fasteners, industrial safety supplies, chemicals and composite products.