Hotchkis & Wiley Capital Management LLC Increases Holdings in Expro Group Holdings N.V. $XPRO

Key Points

• Hotchkis & Wiley Capital Management LLC increased its holdings in Expro Group Holdings N.V. by 37.4% to $20.38 million during the first quarter, now owning 2,050,542 shares.
• Expro Group reported $0.16 EPS for the last quarter, exceeding analyst expectations of $0.12 EPS, with revenues of $422.74 million compared to anticipated $408.04 million.
• As of the latest reports, Expro Group has received a consensus rating of "Moderate Buy" from analysts, with an average price target of $12.50.

Hotchkis & Wiley Capital Management LLC grew its stake in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 37.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,050,542 shares of the company's stock after purchasing an additional 557,750 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.78% of Expro Group worth $20,382,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quantbot Technologies LP grew its holdings in shares of Expro Group by 21.9% during the 1st quarter. Quantbot Technologies LP now owns 112,307 shares of the company's stock worth $1,116,000 after purchasing an additional 20,164 shares in the last quarter. Wellington Management Group LLP increased its holdings in Expro Group by 24.5% in the first quarter. Wellington Management Group LLP now owns 112,602 shares of the company's stock valued at $1,119,000 after purchasing an additional 22,166 shares during the period. Versor Investments LP acquired a new stake in Expro Group in the first quarter valued at $111,000. Pinnacle Holdings LLC lifted its holdings in Expro Group by 3.7% in the first quarter. Pinnacle Holdings LLC now owns 69,799 shares of the company's stock valued at $694,000 after buying an additional 2,520 shares during the period. Finally, American Century Companies Inc. lifted its holdings in Expro Group by 20.4% in the first quarter. American Century Companies Inc. now owns 5,065,985 shares of the company's stock valued at $50,356,000 after buying an additional 859,000 shares during the period. Institutional investors and hedge funds own 92.07% of the company's stock.

Expro Group Stock Performance

Shares of Expro Group stock traded up $0.01 during trading hours on Friday, hitting $12.57. 328,934 shares of the company's stock traded hands, compared to its average volume of 1,235,856. Expro Group Holdings N.V. has a 12-month low of $6.70 and a 12-month high of $20.18. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 20.60 and a beta of 1.20. The company has a fifty day simple moving average of $9.90 and a 200-day simple moving average of $9.69. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78.

Expro Group (NYSE:XPRO - Get Free Report) last announced its 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 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 anticipate that Expro Group Holdings N.V. will post 0.68 EPS for the current fiscal year.

Analysts Set New Price Targets

XPRO has been the subject of a number of research reports. Pickering Energy Partners initiated coverage on shares of Expro Group in a report on Monday, July 28th. They issued an "outperform" rating for the company. Barclays lifted their price objective on shares of Expro Group from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Wells Fargo & Company started coverage on shares of Expro Group in a report on Tuesday, May 27th. They set an "overweight" rating and a $12.00 price objective for the company. Finally, Piper Sandler lifted their price objective 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 research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Expro Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.50.

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.