Corient Private Wealth LP Makes New $1.04 Million Investment in XPEL, Inc. $XPEL

Key Points

• Corient Private Wealth LP acquired 21,028 XPEL shares worth approximately $1.04 million during the second quarter, joining other institutional investors that increased their positions. Institutions and hedge funds collectively own 75.08% of XPEL.
• XPEL reported stronger-than-expected quarterly results, with earnings of $0.68 per share versus the $0.60 estimate and revenue of $143.05 million, up 14.7% year over year.
• Shares recently traded at $51.45, while analysts maintain a “Moderate Buy” consensus and a $65 average price target; B. Riley raised its target to $65 and assigned a “buy” rating.

Corient Private Wealth LP acquired a new position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,028 shares of the company's stock, valued at approximately $1,043,000. Corient Private Wealth LP owned about 0.08% of XPEL at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XPEL. Wasatch Advisors LP boosted its holdings in shares of XPEL by 5.0% in the second quarter. Wasatch Advisors LP now owns 3,947,310 shares of the company's stock valued at $141,708,000 after buying an additional 188,368 shares during the period. BlackRock Inc. bought a new stake in XPEL in the second quarter valued at approximately $190,144,000. Vanguard Group Inc. lifted its holdings in XPEL by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 1,751,046 shares of the company's stock valued at $87,395,000 after purchasing an additional 74,822 shares during the last quarter. Alta Fox Capital Management LLC boosted its holdings in shares of XPEL by 2,392.9% during the 4th quarter. Alta Fox Capital Management LLC now owns 1,442,638 shares of the company's stock worth $72,002,000 after buying an additional 1,384,769 shares during the period. Finally, SCS Capital Management LLC bought a new stake in shares of XPEL during the second quarter worth approximately $61,580,000. 75.08% of the stock is owned by institutional investors and hedge funds.

XPEL Trading Up 1.1%

Shares of XPEL stock opened at $51.45 on Friday. The stock has a market capitalization of $1.42 billion, a PE ratio of 26.12 and a beta of 1.13. The stock has a 50 day moving average price of $47.46 and a two-hundred day moving average price of $45.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.14 and a current ratio of 2.61. XPEL, Inc. has a 52 week low of $31.50 and a 52 week high of $55.91.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08. The company had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. XPEL had a net margin of 10.77% and a return on equity of 18.98%. The firm's revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 earnings per share. As a group, equities analysts anticipate that XPEL, Inc. will post 2.12 earnings per share for the current fiscal year.

Analyst Ratings Changes

XPEL has been the topic of several research reports. Weiss Ratings upgraded shares of XPEL from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 24th. Freedom Capital raised XPEL from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. Finally, B. Riley Financial increased their price objective on shares of XPEL from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $65.00.

XPEL Company 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.

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