Deutsche Bank AG Purchases 63,445 Shares of Expro Group Holdings N.V. $XPRO

Key Points

• Deutsche Bank AG increased its stake in Expro Group Holdings N.V. by 68.8% in the first quarter, acquiring an additional 63,445 shares for a total of 155,663 shares now worth approximately $1.55 million.
• Several hedge funds made significant changes to their positions in Expro Group, with Sterling Capital Management LLC increasing its stake by 824.7% and Tower Research Capital LLC boosting its stake by 1,413.7%.
• Analysts have given Expro Group a consensus rating of "Moderate Buy" with a price target averaging $12.50, following upgrades from various brokerages.

Deutsche Bank AG raised its position in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 68.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,663 shares of the company's stock after acquiring an additional 63,445 shares during the quarter. Deutsche Bank AG owned approximately 0.13% of Expro Group worth $1,547,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sterling Capital Management LLC increased its holdings in Expro Group by 824.7% in the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock valued at $38,000 after buying an additional 2,705 shares during the last quarter. Fifth Third Bancorp acquired 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 in the 1st quarter valued at about $103,000. Tower Research Capital LLC TRC raised its position 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 in the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in Expro Group in the first quarter valued at approximately $145,000. Institutional investors and hedge funds own 92.07% of the company's stock.

Analysts Set New Price Targets

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

Expro Group Stock Performance

NYSE XPRO traded up $0.11 during trading hours on Monday, reaching $12.45. The company's stock had a trading volume of 1,507,124 shares, compared to its average volume of 1,640,953. The company has a current ratio of 2.14, a quick ratio of 1.78 and a debt-to-equity ratio of 0.09. The business has a 50-day simple moving average of $9.73 and a 200 day simple moving average of $9.66. The stock has a market cap of $1.44 billion, a PE ratio of 15.05 and a beta of 1.20. Expro Group Holdings N.V. has a 52 week low of $6.70 and a 52 week high of $21.00.

Expro Group (NYSE:XPRO - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping 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. Equities research analysts predict that Expro Group Holdings N.V. will post 0.68 earnings per share for the current fiscal year.

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.