Barrow Hanley Mewhinney & Strauss LLC Reduces Stake in DNOW Inc.

The institutional investor sold nearly 195,000 shares of the oil and gas company's stock.

Published on Mar. 11, 2026

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Barrow Hanley Mewhinney & Strauss LLC, a major institutional investor, reduced its stake in DNOW Inc. (NYSE:DNOW) by 5.6% during the third quarter, according to a recent SEC filing. The firm now owns 3,286,361 shares of the oil and gas company's stock, worth approximately $50.12 million.

Why it matters

This filing provides insight into the investment strategies of one of DNOW's largest institutional shareholders. The reduction in Barrow Hanley's stake could signal a shift in sentiment around the company's prospects, though the overall holding remains substantial.

The details

According to the SEC filing, Barrow Hanley Mewhinney & Strauss sold 194,845 shares of DNOW stock during the third quarter. The firm now owns approximately 3.13% of the company's outstanding shares.

  • The filing covers Barrow Hanley's holdings as of the end of the third quarter of 2026.

The players

Barrow Hanley Mewhinney & Strauss LLC

A major institutional investment firm that owns a significant stake in DNOW Inc.

DNOW Inc.

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.

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The takeaway

This filing highlights the shifting investment landscape around DNOW, as one of its largest institutional shareholders has reduced its position. While Barrow Hanley remains a major investor, the reduction could signal broader uncertainty around the company's outlook among some institutional investors.