Nuveen LLC Acquires 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 bought a new stake in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. grew its stake in Expro Group by 58.5% during the fourth quarter. Invesco Ltd. now owns 222,519 shares of the company's stock worth $2,775,000 after buying an additional 82,142 shares during the period. Legal & General Group Plc grew 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 buying an additional 5,833 shares during the period. Raymond James Financial Inc. purchased a new stake in Expro Group during the fourth quarter worth approximately $376,000. Guggenheim Capital LLC grew 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 buying an additional 3,608 shares during the period. Finally, First Trust Advisors LP grew 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 buying an additional 13,061 shares during the period. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Expro Group Stock Down 0.5%

Shares of XPRO stock traded down $0.07 on Friday, hitting $12.50. The stock had a trading volume of 1,101,750 shares, compared to its average volume of 1,203,619. Expro Group Holdings N.V. has a 52-week low of $6.70 and a 52-week high of $20.18. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.78 and a current ratio of 2.14. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 20.48 and a beta of 1.20. The stock's 50 day moving average is $9.97 and its 200-day moving average is $9.68.

Expro Group (NYSE:XPRO - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.16 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 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. As a group, research analysts expect that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

XPRO has been the subject of several research reports. Barclays boosted their price objective 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. Wells Fargo & Company initiated coverage on shares of Expro Group in a research note on Tuesday, May 27th. They set an "overweight" rating and a $12.00 price objective for the company. Pickering Energy Partners initiated coverage on shares of Expro Group in a research note on Monday, July 28th. They set an "outperform" rating for the company. Finally, Piper Sandler boosted their price objective 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. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Expro Group presently has an average rating of "Moderate Buy" and a consensus 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.