Denali Advisors LLC Decreases Stake in DNOW Inc. $DNOW

Denali Advisors LLC reduced its stake in DNOW Inc. (NYSE:DNOW) by 46.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,645 shares of the oil and gas company’s stock after selling 204,692 shares during the period. Denali Advisors LLC’s holdings in DNOW were worth $3,162,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. BOKF NA increased its stake in DNOW by 13,223.9% in the 4th quarter. BOKF NA now owns 393,456 shares of the oil and gas company’s stock worth $5,213,000 after purchasing an additional 390,503 shares during the period. SBI Securities Co. Ltd. increased its stake in DNOW by 17,756.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 2,857 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 2,841 shares during the period. Strs Ohio increased its stake in DNOW by 32.7% in the 4th quarter. Strs Ohio now owns 70,600 shares of the oil and gas company’s stock worth $935,000 after purchasing an additional 17,400 shares during the period. Caisse Des Depots ET Consignations purchased a new position in DNOW in the 4th quarter worth approximately $596,000. Finally, Horizon Investments LLC increased its stake in DNOW by 25.3% in the 4th quarter. Horizon Investments LLC now owns 57,229 shares of the oil and gas company’s stock worth $758,000 after purchasing an additional 11,542 shares during the period. 97.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

More DNOW News

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 Price Performance

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

DNOW (NYSE:DNOW) last posted its earnings results on Thursday, May 7th. The oil and gas company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.04). DNOW had a negative net margin of 4.14% and a positive return on equity of 5.43%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm posted $0.22 earnings per share. DNOW’s quarterly revenue was up 97.5% on a year-over-year basis. On average, equities research analysts predict that DNOW Inc. will post 0.66 EPS for the current year.

DNOW 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.