Expro Group Holdings N.V. $XPRO Stake Increased by Boston Partners

Key Points

• Boston Partners significantly increased its stake in Expro Group Holdings N.V. by 2,662.7% during the first quarter, acquiring an additional 744,469 shares and owning approximately 0.67% of the company, valued at $7,674,000.
• Multiple institutional investors, including T. Rowe Price and Encompass Capital Advisors, have also expanded their positions in Expro Group, leading to institutional investors owning 92.07% of the stock.
• Analysts have upgraded Expro Group's target prices, with Barclays raising the price target from $12.00 to $15.00, reflecting a consensus rating of "Moderate Buy" and a target price of $12.50.

Boston Partners lifted its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 2,662.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 772,428 shares of the company's stock after purchasing an additional 744,469 shares during the quarter. Boston Partners owned about 0.67% of Expro Group worth $7,674,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in XPRO. Sterling Capital Management LLC grew its stake in Expro Group by 824.7% in the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock valued at $38,000 after acquiring an additional 2,705 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Expro Group during the 1st quarter worth about $87,000. Brighton Jones LLC purchased a new position in shares of Expro Group during the 1st quarter worth about $103,000. HighTower Advisors LLC purchased a new position in shares of Expro Group during the 1st quarter worth about $125,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Expro Group by 1,413.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock worth $139,000 after acquiring an additional 10,391 shares during the period. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Up 0.8%

Shares of XPRO traded up $0.09 during mid-day trading on Wednesday, reaching $11.32. 489,463 shares of the stock traded hands, compared to its average volume of 1,237,039. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 18.48 and a beta of 1.20. The stock has a fifty day simple moving average of $9.55 and a 200 day simple moving average of $9.71. Expro Group Holdings N.V. has a 12-month low of $6.70 and a 12-month high of $21.00. The company has a quick ratio of 1.78, a current ratio of 2.14 and a debt-to-equity ratio of 0.09.

Expro Group (NYSE:XPRO - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. The company had revenue of $422.74 million for the quarter, compared to analyst estimates of $408.04 million. Expro Group had a net margin of 4.26% and a return on equity of 6.43%. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Expro Group Holdings N.V. will post 0.68 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on XPRO. Wells Fargo & Company began coverage on shares of Expro Group in a report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price target on the stock. Piper Sandler raised their price target on shares of Expro Group from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Thursday, August 14th. Barclays raised their price target on shares of Expro Group from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Pickering Energy Partners began coverage on shares of Expro Group in a report on Monday, July 28th. They issued an "outperform" rating on the stock. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.50.

About Expro Group

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.