Northern Trust Corp Has $10.49 Million Stock Holdings in Xometry, Inc. $XMTR

Key Points

• Northern Trust Corp increased its stake in Xometry, Inc. by 3.0% during the first quarter, now owning 420,792 shares valued at approximately $10.49 million.
• Xometry reported a 22.6% increase in revenue year-over-year for its most recent quarter, achieving $162.55 million compared to analysts' expectations of $156.53 million.
• Analysts have a generally positive outlook on Xometry, with several firms raising their price targets, resulting in an average target of $40.44 and a consensus rating of "Moderate Buy".

Northern Trust Corp lifted its position in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 3.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 420,792 shares of the company's stock after purchasing an additional 12,373 shares during the period. Northern Trust Corp owned 0.84% of Xometry worth $10,486,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC increased its position in Xometry by 160.1% during the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock worth $25,000 after buying an additional 618 shares during the last quarter. CWM LLC increased its position in Xometry by 825.6% during the first quarter. CWM LLC now owns 1,555 shares of the company's stock worth $39,000 after buying an additional 1,387 shares during the last quarter. Comerica Bank increased its position in Xometry by 195.1% during the fourth quarter. Comerica Bank now owns 1,133 shares of the company's stock worth $48,000 after buying an additional 749 shares during the last quarter. CoreCap Advisors LLC acquired a new position in Xometry during the fourth quarter worth approximately $51,000. Finally, Keystone Global Partners LLC acquired a new position in Xometry during the first quarter worth approximately $57,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Xometry Trading Up 1.1%

Shares of XMTR stock opened at $49.68 on Friday. The company has a current ratio of 3.91, a quick ratio of 3.85 and a debt-to-equity ratio of 1.20. The stock has a market cap of $2.52 billion, a P/E ratio of -40.39 and a beta of 0.87. The stock has a 50 day simple moving average of $39.92 and a 200 day simple moving average of $32.33. Xometry, Inc. has a 1 year low of $16.11 and a 1 year high of $51.68.

Xometry (NASDAQ:XMTR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04. The business had revenue of $162.55 million during the quarter, compared to analysts' expectations of $156.53 million. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.The firm's revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.01) earnings per share. Xometry has set its Q3 2025 guidance at EPS. On average, research analysts predict that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on Xometry from $36.00 to $38.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 3rd. Citigroup reissued an "outperform" rating on shares of Xometry in a research report on Friday, July 11th. Cantor Fitzgerald upgraded shares of Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 price target on the stock in a research note on Tuesday, August 5th. UBS Group upped their price target on shares of Xometry from $35.00 to $40.00 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group upped their price target on shares of Xometry from $33.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $40.44.

Insider Activity at Xometry

In related news, CFO James Miln sold 598 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total transaction of $30,049.50. Following the sale, the chief financial officer owned 144,115 shares in the company, valued at approximately $7,241,778.75. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Randolph Altschuler sold 9,332 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $32.39, for a total transaction of $302,263.48. Following the sale, the chief executive officer owned 319,602 shares in the company, valued at $10,351,908.78. This represents a 2.84% decrease in their position. The disclosure for this sale can be found here. Insiders own 9.66% of the company's stock.

Xometry Profile

Xometry, Inc operates an online marketplace that enables buyers to source custom-manufactured parts and assemblies in the United States and internationally. It provides computer numerical control manufacturing, sheet metal forming, and sheet cutting; 3D printing, including fused deposition modeling, direct metal laser sintering, PolyJet, stereolithography, selective laser sintering, binder jetting, carbon digital light synthesis, multi jet fusion, and lubricant sublayer photo-curing; and die casting, stamping, injection molding, urethane casting, tube cutting, and tube bending, as well as finishing services, rapid prototyping, and high-volume production services.

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