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

Other institutional investors have also recently added to or reduced their stakes in the company. 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 period. Fifth Third Bancorp acquired a new stake in Expro Group in the 1st quarter valued at $87,000. Brighton Jones LLC acquired a new stake in Expro Group in the 1st quarter valued at $103,000. Tower Research Capital LLC TRC grew its stake in Expro Group by 1,413.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock valued at $139,000 after acquiring an additional 10,391 shares during the period. Finally, Teacher Retirement System of Texas acquired a new stake in Expro Group in the 1st quarter valued at $145,000. Institutional investors and hedge funds own 92.07% of the company's stock.

Expro Group Price Performance

XPRO traded up $0.12 on Thursday, hitting $12.53. 1,042,728 shares of the company's stock were exchanged, compared to its average volume of 1,246,765. Expro Group Holdings N.V. has a fifty-two week low of $6.70 and a fifty-two week high of $20.18. 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 firm has a 50-day moving average price of $9.90 and a 200-day moving average price of $9.69. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 20.53 and a beta of 1.20.

Expro Group (NYSE:XPRO - Get Free Report) last announced 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. Expro Group had a net margin of 4.26% and a return on equity of 6.43%. The firm 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. As a group, equities analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Analyst Ratings Changes

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

Expro Group 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.