Nuveen LLC Makes New $599,000 Investment in Xponential Fitness, Inc. $XPOF

Key Points

• Nuveen LLC acquired approximately 71,943 shares of Xponential Fitness, valued at around $599,000, equating to about 0.15% ownership of the company as of their latest SEC filing.
• Xponential Fitness reported $0.26 earnings per share for the quarter, exceeding expectations, but its revenue was down 0.4% year-over-year.
• Analysts have revised their price targets for Xponential Fitness, with Raymond James setting a new target of $14.00 and maintaining a "strong-buy" rating for the stock.

Nuveen LLC acquired a new stake in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 71,943 shares of the company's stock, valued at approximately $599,000. Nuveen LLC owned 0.15% of Xponential Fitness at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Prospect Capital Advisors LLC purchased a new stake in Xponential Fitness in the 4th quarter worth approximately $2,590,000. BNP Paribas Financial Markets acquired a new stake in shares of Xponential Fitness in the 4th quarter valued at $1,284,000. Ameriprise Financial Inc. raised its position in shares of Xponential Fitness by 5.7% during the fourth quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company's stock valued at $23,021,000 after buying an additional 92,477 shares during the last quarter. Skylands Capital LLC boosted its holdings in shares of Xponential Fitness by 72.3% in the 1st quarter. Skylands Capital LLC now owns 164,500 shares of the company's stock worth $1,370,000 after acquiring an additional 69,042 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new position in Xponential Fitness in the fourth quarter valued at approximately $794,000. Institutional investors and hedge funds own 58.55% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on XPOF. Wall Street Zen upgraded shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Raymond James Financial lowered their price target on shares of Xponential Fitness from $15.00 to $14.00 and set a "strong-buy" rating for the company in a report on Friday, August 8th. Finally, Guggenheim reiterated a "buy" rating and issued a $13.00 price objective on shares of Xponential Fitness in a research note on Monday, May 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $12.93.

Xponential Fitness Price Performance

XPOF traded up $0.06 during trading hours on Monday, reaching $8.57. 102,745 shares of the stock traded hands, compared to its average volume of 719,803. Xponential Fitness, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $18.87. The firm's fifty day simple moving average is $9.39 and its two-hundred day simple moving average is $9.18. The company has a market cap of $418.47 million, a price-to-earnings ratio of -4.87 and a beta of 1.48.

Xponential Fitness (NYSE:XPOF - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.07. The firm had revenue of $76.21 million during the quarter, compared to analyst estimates of $77.23 million. Xponential Fitness's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.29) earnings per share. Xponential Fitness has set its FY 2025 guidance at EPS. On average, research analysts predict that Xponential Fitness, Inc. will post 0.61 earnings per share for the current year.

Insiders Place Their Bets

In other Xponential Fitness news, Director Bruce N. Haase bought 70,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was bought at an average price of $7.67 per share, for a total transaction of $536,900.00. Following the completion of the acquisition, the director directly owned 95,937 shares in the company, valued at $735,836.79. The trade was a 269.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 47.83% of the stock is owned by insiders.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.