Arrowstreet Capital Limited Partnership Has $5.43 Million Stock Position in XPEL, Inc. $XPEL

Key Points

• Arrowstreet Capital more than doubled its XPEL stake in the first quarter, adding 62,344 shares to own 122,584 shares valued at approximately $5.43 million, or 0.44% of the company.
• Institutional ownership remains substantial at 75.08%, with JPMorgan Chase and Jane Street among firms that significantly increased their positions.
• XPEL beat quarterly expectations, reporting $0.37 in EPS and $117.35 million in revenue; however, analysts maintain a consensus “Hold” rating, while shares recently opened at $44.37.

Arrowstreet Capital Limited Partnership lifted its stake in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 103.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 122,584 shares of the company's stock after purchasing an additional 62,344 shares during the period. Arrowstreet Capital Limited Partnership owned 0.44% of XPEL worth $5,426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in XPEL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of XPEL by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,994 shares of the company's stock worth $441,000 after purchasing an additional 619 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in XPEL by 12.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 62,214 shares of the company's stock worth $1,828,000 after purchasing an additional 7,099 shares during the period. Jane Street Group LLC grew its holdings in XPEL by 177.4% during the first quarter. Jane Street Group LLC now owns 29,905 shares of the company's stock worth $879,000 after purchasing an additional 19,126 shares during the period. Creative Planning increased its position in XPEL by 24.9% during the second quarter. Creative Planning now owns 10,276 shares of the company's stock worth $369,000 after buying an additional 2,050 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in XPEL by 354.0% during the second quarter. JPMorgan Chase & Co. now owns 115,193 shares of the company's stock worth $4,135,000 after buying an additional 89,820 shares during the last quarter. 75.08% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on XPEL. Weiss Ratings reaffirmed a "hold (c)" rating on shares of XPEL in a research report on Wednesday, June 24th. Freedom Capital lowered XPEL from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 7th. Finally, Zacks Research upgraded XPEL from a "strong sell" rating to a "hold" rating in a research note on Monday, April 27th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, XPEL has an average rating of "Hold".

XPEL Stock Performance

Shares of XPEL stock opened at $44.37 on Monday. XPEL, Inc. has a 52 week low of $31.26 and a 52 week high of $55.91. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 23.23 and a beta of 1.09. The company has a 50-day simple moving average of $45.61 and a 200 day simple moving average of $46.16.

XPEL (NASDAQ:XPEL - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. XPEL had a net margin of 10.82% and a return on equity of 19.14%. The firm had revenue of $117.35 million for the quarter, compared to analysts' expectations of $113.10 million. During the same period in the prior year, the firm earned $0.31 EPS. The business's revenue was up 13.1% on a year-over-year basis. Sell-side analysts forecast that XPEL, Inc. will post 1.92 EPS for the current year.

XPEL Profile

XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company's core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL's flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle's factory finish by resisting swirl marks, stone chips, and acid rain.

Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.

Want to see what other hedge funds are holding XPEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for XPEL, Inc. (NASDAQ:XPEL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.