Harvey Partners Acquires 1.94 Million Shares in DNOW
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2026
0mins
Should l Buy DNOW?
Source: NASDAQ.COM
- New Investment Disclosure: Harvey Partners disclosed a new position in DNOW, acquiring 1,939,399 shares valued at $25.70 million in Q4 2026, indicating confidence in the company despite DNOW not being among its top five holdings.
- Financial Performance: DNOW reported $2.82 billion in revenue for 2025, with adjusted EBITDA of $209 million, or 7.4% of sales, although reported results were impacted by transaction and inventory step-up charges, highlighting integration risks post-acquisition.
- Market Performance: DNOW's shares have declined 18% over the past year, underperforming the broader market primarily due to integration risks and near-term challenges rather than a collapse in demand, suggesting skepticism about its future potential.
- Strategic Implications: Harvey Partners' investment strategy focuses on cyclical distributors, particularly following DNOW's acquisition of MRC Global, which is expected to expand scale and long-term growth opportunities, prompting investors to consider whether merger synergies can restore margins to historical highs.
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Analyst Views on DNOW
Wall Street analysts forecast DNOW stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.620
Low
16.00
Averages
17.67
High
19.00
Current: 11.620
Low
16.00
Averages
17.67
High
19.00
About DNOW
DNOW Inc. is a premier energy and industrial solutions provider. It supplies energy and industrial products and packaged, engineered process and production equipment. The Company is a distributor of pipe, valves, fittings (PVF), pumps and fabricated equipment. Its products and services include air compressors and blowers; artificial lift; drilling and completions; electrical; industrial and facilities supplies; instrumentation and measurement; paint and coatings; PVF; power generation and transmission; process and production equipment; pumps and packages; safety and PPE, and tools and welding equipment. Its DigitalNOW platform and supply chain services address intricate operational challenges, bolstered with support from procurement and inventory management to field services. It serves a range of markets, including upstream, midstream and downstream oil and gas, chemical processing, mining, municipal water, manufacturing, engineering, energy evolution and renewables.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rosen Law Firm Investigates DNOW Securities Claims
- Securities Claims Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE: DNOW) for allegedly issuing materially misleading business information, indicating significant legal risks for the company.
- Stock Price Impact: On February 20, 2026, DNOW's stock plummeted by 19.1% following the release of disappointing Q4 2025 financial results, reflecting market concerns over the company's financial health and potentially affecting future financing capabilities.
- Class Action Preparation: The Rosen Law Firm is preparing a class action lawsuit against DNOW, allowing investors to participate without any out-of-pocket costs, demonstrating the firm's commitment to protecting investor rights.
- Firm Reputation: The Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, underscoring its leadership and expertise in the industry.
See More
Rosen Law Firm Investigates DNOW Securities Fraud Claims
- Securities Fraud Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE:DNOW) for allegedly issuing materially misleading business information, indicating possible concealment of critical information from investors that led to financial losses.
- Stock Price Impact: On February 20, 2026, DNOW reported disappointing fourth-quarter 2025 results, revealing significant losses that missed Wall Street expectations, resulting in a 19.1% drop in stock price on that day, severely undermining investor confidence.
- Class Action Preparation: The Rosen Law Firm is preparing a class action lawsuit, allowing affected investors to seek compensation without upfront fees, demonstrating the firm's strong commitment to protecting investor rights.
- Firm's Track Record: Known for its success in securities class actions, the Rosen Law Firm recovered over $438 million for investors in 2019 alone, showcasing its extensive experience and resources in handling such cases effectively.
See More
Quantedge Capital Fully Exits DNOW Position Amid Challenges
- Complete Exit: On February 17, 2026, Quantedge Capital disclosed in an SEC filing that it fully sold its 351,310 shares of DNOW, valued at $5.36 million, reflecting a cautious stance on the company's future performance.
- Declining AUM Proportion: This sale reduced DNOW's representation in Quantedge's assets under management from 2.9% to 0%, indicating investor concerns over the company's integration challenges and poor market performance.
- Poor Market Performance: As of Monday, DNOW shares were priced at $11.79, down approximately 27% over the past year, significantly underperforming the S&P 500, which rose about 15% in the same period, suggesting a lack of confidence in its recovery prospects.
- Complex Financial Situation: Despite generating $2.8 billion in revenue last year and achieving five consecutive years of revenue growth, DNOW reported a net loss of $89 million, primarily due to costs associated with the MRC Global acquisition, highlighting execution risks during its transition.
See More
Rosen Law Firm Investigates DNOW Securities Claims
- Securities Claims Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE: DNOW) due to allegations of issuing materially misleading business information, indicating possible investor losses.
- Stock Price Plunge: On February 20, 2026, DNOW's stock fell 19.1% after the company reported disappointing fourth-quarter 2025 financial results, which missed Wall Street expectations, exacerbating investor concerns.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to seek compensation for affected investors, with no out-of-pocket fees required, thereby lowering the barrier for participation in the lawsuit.
- Firm's Track Record: The Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and experience in handling such cases.
See More
Rosen Law Firm Investigates DNOW Securities Fraud Claims
- Securities Fraud Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE:DNOW) for allegedly issuing materially misleading business information, raising serious concerns about the company's transparency and accountability.
- Stock Price Impact: On February 20, 2026, DNOW shares plummeted by 19.1% following the release of disappointing Q4 2025 financial results, which not only undermined investor confidence but also opened the door for potential legal actions against the company.
- Class Action Preparation: The Rosen Law Firm is preparing a class action lawsuit against DNOW, allowing investors to seek compensation without upfront costs, indicating that the company may face significant financial liabilities as a result of these claims.
- Firm's Reputation: Known for its successful track record in securities class actions, the Rosen Law Firm recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling such cases effectively.
See More
Rosen Law Firm Investigates DNOW Securities Fraud Claims
- Securities Fraud Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE: DNOW) for allegedly issuing materially misleading business information, indicating possible legal liabilities that could undermine investor confidence.
- Stock Price Plunge: On February 20, 2026, DNOW's stock fell by 19.1% following the release of disappointing fourth-quarter 2025 financial results, reflecting market concerns over the company's financial health and potentially triggering further investor claims.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to seek recovery for investor losses, allowing investors to participate without upfront costs through a contingency fee arrangement, thereby reducing legal expenses for affected shareholders.
- Firm's Track Record: The Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling such cases effectively.
See More
Rosen Law Firm Investigates DNOW Securities Claims
- Securities Claims Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE: DNOW) for allegedly issuing materially misleading business information, indicating significant legal risks for the company.
- Stock Price Impact: On February 20, 2026, DNOW's stock plummeted by 19.1% following the release of disappointing Q4 2025 financial results, reflecting market concerns over the company's financial health and potentially affecting future financing capabilities.
- Class Action Preparation: The Rosen Law Firm is preparing a class action lawsuit against DNOW, allowing investors to participate without any out-of-pocket costs, demonstrating the firm's commitment to protecting investor rights.
- Firm Reputation: The Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, underscoring its leadership and expertise in the industry.
See More
Rosen Law Firm Investigates DNOW Securities Fraud Claims
- Securities Fraud Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE:DNOW) for allegedly issuing materially misleading business information, indicating possible concealment of critical information from investors that led to financial losses.
- Stock Price Impact: On February 20, 2026, DNOW reported disappointing fourth-quarter 2025 results, revealing significant losses that missed Wall Street expectations, resulting in a 19.1% drop in stock price on that day, severely undermining investor confidence.
- Class Action Preparation: The Rosen Law Firm is preparing a class action lawsuit, allowing affected investors to seek compensation without upfront fees, demonstrating the firm's strong commitment to protecting investor rights.
- Firm's Track Record: Known for its success in securities class actions, the Rosen Law Firm recovered over $438 million for investors in 2019 alone, showcasing its extensive experience and resources in handling such cases effectively.
See More
Quantedge Capital Fully Exits DNOW Position Amid Challenges
- Complete Exit: On February 17, 2026, Quantedge Capital disclosed in an SEC filing that it fully sold its 351,310 shares of DNOW, valued at $5.36 million, reflecting a cautious stance on the company's future performance.
- Declining AUM Proportion: This sale reduced DNOW's representation in Quantedge's assets under management from 2.9% to 0%, indicating investor concerns over the company's integration challenges and poor market performance.
- Poor Market Performance: As of Monday, DNOW shares were priced at $11.79, down approximately 27% over the past year, significantly underperforming the S&P 500, which rose about 15% in the same period, suggesting a lack of confidence in its recovery prospects.
- Complex Financial Situation: Despite generating $2.8 billion in revenue last year and achieving five consecutive years of revenue growth, DNOW reported a net loss of $89 million, primarily due to costs associated with the MRC Global acquisition, highlighting execution risks during its transition.
See More
Rosen Law Firm Investigates DNOW Securities Claims
- Securities Claims Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE: DNOW) due to allegations of issuing materially misleading business information, indicating possible investor losses.
- Stock Price Plunge: On February 20, 2026, DNOW's stock fell 19.1% after the company reported disappointing fourth-quarter 2025 financial results, which missed Wall Street expectations, exacerbating investor concerns.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to seek compensation for affected investors, with no out-of-pocket fees required, thereby lowering the barrier for participation in the lawsuit.
- Firm's Track Record: The Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and experience in handling such cases.
See More
Rosen Law Firm Investigates DNOW Securities Fraud Claims
- Securities Fraud Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE:DNOW) for allegedly issuing materially misleading business information, raising serious concerns about the company's transparency and accountability.
- Stock Price Impact: On February 20, 2026, DNOW shares plummeted by 19.1% following the release of disappointing Q4 2025 financial results, which not only undermined investor confidence but also opened the door for potential legal actions against the company.
- Class Action Preparation: The Rosen Law Firm is preparing a class action lawsuit against DNOW, allowing investors to seek compensation without upfront costs, indicating that the company may face significant financial liabilities as a result of these claims.
- Firm's Reputation: Known for its successful track record in securities class actions, the Rosen Law Firm recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling such cases effectively.
See More
Rosen Law Firm Investigates DNOW Securities Fraud Claims
- Securities Fraud Investigation: The Rosen Law Firm is investigating potential securities claims against DNOW Inc. (NYSE: DNOW) for allegedly issuing materially misleading business information, indicating possible legal liabilities that could undermine investor confidence.
- Stock Price Plunge: On February 20, 2026, DNOW's stock fell by 19.1% following the release of disappointing fourth-quarter 2025 financial results, reflecting market concerns over the company's financial health and potentially triggering further investor claims.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to seek recovery for investor losses, allowing investors to participate without upfront costs through a contingency fee arrangement, thereby reducing legal expenses for affected shareholders.
- Firm's Track Record: The Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling such cases effectively.
See More
