Nuveen LLC Buys Shares of 828,088 Expro Group Holdings N.V. $XPRO

Key Points

• Nuveen LLC recently acquired 828,088 shares of Expro Group Holdings N.V. valued at approximately $8.2 million, representing about 0.72% of the company's total shares as of their last SEC filing.
• Multiple institutional investors have increased their stakes in Expro Group, with significant increases reported from Millennium Management LLC, Brown Advisory Inc., and Dimensional Fund Advisors LP during the fourth quarter.
• Wall Street analysts have given Expro Group shares a consensus target price of $12.50, with several firms recommending "Buy" or "Overweight" ratings based on improved earnings outlook and recent performance.

Nuveen LLC acquired a new stake in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 828,088 shares of the company's stock, valued at approximately $8,231,000. Nuveen LLC owned 0.72% of Expro Group as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in XPRO. Invesco Ltd. boosted its stake in shares of Expro Group by 58.5% in the 4th quarter. Invesco Ltd. now owns 222,519 shares of the company's stock valued at $2,775,000 after buying an additional 82,142 shares during the period. Legal & General Group Plc lifted its stake in Expro Group by 5.0% during the fourth quarter. Legal & General Group Plc now owns 121,394 shares of the company's stock worth $1,514,000 after purchasing an additional 5,833 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Expro Group during the fourth quarter worth approximately $376,000. Guggenheim Capital LLC lifted its stake in Expro Group by 24.6% during the fourth quarter. Guggenheim Capital LLC now owns 18,270 shares of the company's stock worth $228,000 after purchasing an additional 3,608 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Expro Group by 56.8% during the fourth quarter. First Trust Advisors LP now owns 36,073 shares of the company's stock worth $450,000 after purchasing an additional 13,061 shares during the last quarter. Hedge funds and other institutional investors own 92.07% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on XPRO. Piper Sandler boosted their target price on 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 began coverage on Expro Group in a research note on Monday, July 28th. They set an "outperform" rating for the company. Wells Fargo & Company began coverage on Expro Group in a research note on Tuesday, May 27th. They set an "overweight" rating and a $12.00 target price for the company. Finally, Barclays boosted their target price on Expro Group from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's 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 Down 0.1%

XPRO stock traded down $0.02 during trading on Friday, hitting $12.55. The company had a trading volume of 186,442 shares, compared to its average volume of 1,234,454. 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 firm has a 50-day moving average price of $9.90 and a 200-day moving average price of $9.69. 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 cap of $1.45 billion, a price-to-earnings ratio of 20.49 and a beta of 1.20.

Expro Group (NYSE:XPRO - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $408.04 million. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts predict that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Expro Group Company 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.