Boston Partners Acquires 744,469 Shares of Expro Group Holdings N.V. $XPRO

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 grew its holdings in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 2,662.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 772,428 shares of the company's stock after buying an additional 744,469 shares during the quarter. Boston Partners owned approximately 0.67% of Expro Group worth $7,674,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of XPRO. T. Rowe Price Investment Management Inc. lifted its holdings in Expro Group by 27.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,125,506 shares of the company's stock worth $138,736,000 after buying an additional 2,426,258 shares during the period. Millennium Management LLC purchased a new stake in Expro Group in the 4th quarter worth approximately $21,711,000. Brown Advisory Inc. lifted its holdings in Expro Group by 108.3% in the 4th quarter. Brown Advisory Inc. now owns 1,686,177 shares of the company's stock worth $21,027,000 after buying an additional 876,619 shares during the period. Nuveen LLC purchased a new stake in Expro Group in the 1st quarter worth approximately $8,231,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Expro Group by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company's stock worth $59,283,000 after buying an additional 728,836 shares during the period. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Stock Up 1.9%

XPRO stock traded up $0.2140 on Thursday, reaching $11.4440. 143,518 shares of the company traded hands, compared to its average volume of 1,234,367. Expro Group Holdings N.V. has a one year low of $6.70 and a one year high of $21.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78. The company has a market cap of $1.32 billion, a P/E ratio of 18.79 and a beta of 1.20. The firm has a fifty day simple moving average of $9.58 and a 200-day simple moving average of $9.72.

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 for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. Expro Group had a return on equity of 6.43% and a net margin of 4.26%.The company had revenue of $422.74 million during the quarter, compared to analyst estimates of $408.04 million. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Analysts Set New Price Targets

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

Expro Group Company Profile

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.