Zacks upgrades NLI Holdings stock to Outperform

Published on 10/14/2026 at 05:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks upgraded NLI Holdings to Outperform on September 23, 2026. For NLI Holdings stock, the next test is November 5, 2026.

Upgrade and earnings dates

Zacks announced the Outperform upgrade on September 23, 2026.
Second-quarter revenue reached USD 43.61 million on June 30, 2026.
NLI Holdings stock was last at USD 6.63 on October 13, 2026 at 4:00 p.m. ET.
The next earnings date is November 5, 2026.

NL, US6291564077, Illustration mit AI erstellt.

NLI Holdings stock (ISIN US6291564077) was last at USD 6.63 on the NYSE on October 13, 2026 at 4:00 p.m. ET, while Zacks had upgraded the company to Outperform from Neutral on September 23, 2026. The upgrade centered on stronger operating trends at CompX International and improved performance at Kronos Worldwide.

Upgrade rests on margin gains

According to Zacks on September 23, 2026, CompX's second-quarter 2026 sales increased 9 percent year over year. Security Products reporting-unit profit rose 39 percent to USD 8.00 million, while its margin expanded to 24 percent from 19 percent.

The same analysis reported that CompX gross margin increased to USD 15.50 million from USD 12.90 million in the second quarter of 2025. The gross margin rate improved to 36 percent from 32 percent, and segment profit climbed 41 percent to USD 8.90 million.

What does the upgrade mean for earnings?

The answer lies in the combination of operating leverage and diversification. Zacks said Kronos operating income reached USD 37.60 million in the second quarter of 2026, compared with USD 7.40 million in the second quarter of 2025, while Kronos gross margin rose to 18 percent from 13 percent.

For NLI Holdings, the improvement matters because the company is primarily a holding company with exposure to component products through CompX and a significant interest in Kronos. Zacks also identified tariff and raw-material inflation, titanium dioxide pricing and currency movements as risks to the earnings outlook.

Three results dates show the trend

On May 6, 2026, NLI Holdings reported first-quarter revenue of USD 40.57 million and net income of USD 4.34 million, according to StockMarketCap.eu. On August 5, 2026, the company filed its second-quarter report for the period ended June 30, 2026.

That second quarter produced revenue of USD 43.61 million, net income of USD 8.95 million and diluted earnings per share of USD 0.18. Revenue increased 8.05 percent year over year, while net income increased 2,422.25 percent, according to StockMarketCap.eu.

Next report arrives November 5

The next earnings date is November 5, 2026, according to StockMarketCap.eu. That report will show whether the second-quarter margin improvement continued into the third quarter and whether the upgraded operating outlook is translating into sustained earnings growth.

Last NYSE price on October 13

NLI Holdings was last at USD 6.63 on the NYSE on October 13, 2026 at 4:00 p.m. ET. The stock's 52-week range was USD 5.04 to USD 8.60, and market capitalization stood at USD 324.0 million on the same quote date.

Market context: Market report S&P 500.