Vanguard Group Inc. Has $101.53 Million Stake in Expro Group Holdings N.V. $XPRO

Key Points

• Vanguard Group Inc. reduced its stake in Expro Group Holdings N.V. by 0.2%, now owning approximately 10.2 million shares, which represents 8.85% of the company's total stock worth $101.5 million.
• Expro Group's stock saw a 7.0% increase recently, with shares trading at $12.3550 while the company reported strong earnings of $0.16 per share in its last quarter, surpassing analysts' expectations.
• Institutional investors hold a significant portion of Expro Group, with 92.07% of the company's stock owned by such investors, indicating strong confidence in the company's performance.

Vanguard Group Inc. lowered its stake in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 0.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,214,730 shares of the company's stock after selling 21,530 shares during the quarter. Vanguard Group Inc. owned about 8.85% of Expro Group worth $101,534,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Connable Office Inc. lifted its stake in shares of Expro Group by 56.8% in the 1st quarter. Connable Office Inc. now owns 34,418 shares of the company's stock valued at $342,000 after purchasing an additional 12,461 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of Expro Group in the 1st quarter valued at $155,000. XTX Topco Ltd lifted its stake in shares of Expro Group by 23.7% in the 1st quarter. XTX Topco Ltd now owns 54,338 shares of the company's stock valued at $540,000 after purchasing an additional 10,394 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Expro Group in the 1st quarter valued at $636,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Expro Group by 18.2% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,663 shares of the company's stock valued at $295,000 after purchasing an additional 4,573 shares during the period. Institutional investors and hedge funds own 92.07% of the company's stock.

Analyst Ratings Changes

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

Expro Group Trading Up 0.9%

Expro Group stock traded up $0.12 during mid-day trading 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. The firm has a market capitalization of $1.45 billion, a P/E ratio of 20.53 and a beta of 1.20. 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 quick ratio of 1.78, a current ratio of 2.14 and a debt-to-equity ratio of 0.09. The company's 50 day simple moving average is $9.90 and its 200-day simple moving average is $9.69.

Expro Group (NYSE:XPRO - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.04. Expro Group had a return on equity of 6.43% and a net margin of 4.26%.The firm had revenue of $422.74 million for the quarter, compared to the consensus estimate of $408.04 million. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current 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.