Singular Research upgraded shares of DXP Enterprises (NASDAQ:DXPE - Free Report) to a moderate buy rating in a research report report published on Tuesday, September 9th,Zacks.com reports. Singular Research also issued estimates for DXP Enterprises' Q3 2025 earnings at $1.45 EPS, Q4 2025 earnings at $1.50 EPS, FY2025 earnings at $4.75 EPS, Q1 2026 earnings at $1.55 EPS, Q2 2026 earnings at $1.60 EPS, FY2026 earnings at $5.10 EPS and FY2027 earnings at $5.50 EPS.
Separately, Wall Street Zen downgraded shares of DXP Enterprises from a "buy" rating to a "hold" rating in a research note on Friday, May 16th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $95.00.
Check Out Our Latest Analysis on DXPE
DXP Enterprises Stock Down 1.5%
Shares of DXPE stock traded down $1.74 on Tuesday, hitting $115.83. The stock had a trading volume of 65,008 shares, compared to its average volume of 183,119. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 22.12 and a beta of 1.24. The stock's 50 day moving average is $112.36 and its 200-day moving average is $93.68. The company has a debt-to-equity ratio of 1.33, a quick ratio of 2.33 and a current ratio of 2.79. DXP Enterprises has a 52-week low of $48.45 and a 52-week high of $129.56.
DXP Enterprises (NASDAQ:DXPE - Get Free Report) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.04. The business had revenue of $498.68 million during the quarter, compared to the consensus estimate of $499.00 million. DXP Enterprises had a net margin of 4.52% and a return on equity of 20.94%. As a group, research analysts expect that DXP Enterprises will post 4.07 earnings per share for the current year.
Insider Activity at DXP Enterprises
In other news, Director Karen Hoffman sold 2,399 shares of the firm's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $125.00, for a total transaction of $299,875.00. Following the completion of the transaction, the director owned 4,787 shares in the company, valued at approximately $598,375. This trade represents a 33.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Nicholas Little sold 45,938 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $87.73, for a total transaction of $4,030,140.74. Following the completion of the transaction, the chief operating officer owned 812,328 shares of the company's stock, valued at approximately $71,265,535.44. The trade was a 5.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 67,337 shares of company stock worth $6,431,516. Company insiders own 22.40% of the company's stock.
Hedge Funds Weigh In On DXP Enterprises
A number of institutional investors have recently modified their holdings of the company. Wellington Management Group LLP raised its position in shares of DXP Enterprises by 13.3% in the first quarter. Wellington Management Group LLP now owns 931,004 shares of the industrial products company's stock valued at $76,584,000 after purchasing an additional 109,151 shares during the period. American Century Companies Inc. raised its position in shares of DXP Enterprises by 24.5% in the second quarter. American Century Companies Inc. now owns 562,210 shares of the industrial products company's stock valued at $49,278,000 after purchasing an additional 110,482 shares during the period. Geode Capital Management LLC raised its position in shares of DXP Enterprises by 2.9% in the second quarter. Geode Capital Management LLC now owns 329,543 shares of the industrial products company's stock valued at $28,888,000 after purchasing an additional 9,216 shares during the period. Invesco Ltd. raised its position in shares of DXP Enterprises by 22.6% in the first quarter. Invesco Ltd. now owns 280,430 shares of the industrial products company's stock valued at $23,068,000 after purchasing an additional 51,664 shares during the period. Finally, Millennium Management LLC raised its position in shares of DXP Enterprises by 661.5% in the first quarter. Millennium Management LLC now owns 128,956 shares of the industrial products company's stock valued at $10,608,000 after purchasing an additional 112,021 shares during the period. Institutional investors own 74.82% of the company's stock.
DXP Enterprises Company Profile
(
Get Free Report)
DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).
Further Reading
Before you consider DXP Enterprises, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DXP Enterprises wasn't on the list.
While DXP Enterprises currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.