Public Employees Retirement System of Ohio Acquires New Stake in XPEL, Inc. $XPEL

Key Points

• Public Employees Retirement System of Ohio acquired 35,201 XPEL shares worth approximately $1.75 million, joining several other institutions that initiated positions during the second quarter. Institutional investors collectively own 75.08% of XPEL.
• XPEL reported quarterly earnings of $0.68 per share, beating estimates by $0.08, while revenue rose 14.7% year over year to $143.05 million, above expectations.
• Analyst sentiment is generally positive: XPEL has a consensus “Moderate Buy” rating and a $65 price target, compared with its reported opening price of $51.45.

Public Employees Retirement System of Ohio bought a new stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,201 shares of the company's stock, valued at approximately $1,746,000. Public Employees Retirement System of Ohio owned 0.13% of XPEL as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of XPEL. Corient Private Wealth LP purchased a new stake in shares of XPEL during the 2nd quarter valued at about $1,043,000. Bank of America Corp DE purchased a new position in shares of XPEL in the second quarter worth approximately $3,427,000. Freestone Grove Partners LP bought a new position in XPEL in the second quarter worth approximately $403,000. Polar Asset Management Partners Inc. bought a new position in XPEL in the second quarter worth approximately $10,466,000. Finally, Jupiter Topco LLC purchased a new position in shares of XPEL during the 2nd quarter worth $480,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Stock Performance

Shares of XPEL stock opened at $51.45 on Monday. XPEL, Inc. has a fifty-two week low of $31.50 and a fifty-two week high of $55.91. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.14 and a current ratio of 2.61. The company has a market capitalization of $1.42 billion, a P/E ratio of 26.12 and a beta of 1.13. The company has a fifty day moving average of $47.46 and a 200 day moving average of $45.49.

XPEL (NASDAQ:XPEL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.60 by $0.08. The business had revenue of $143.05 million for the quarter, compared to the consensus estimate of $135.09 million. XPEL had a return on equity of 18.98% and a net margin of 10.77%.The business's revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 earnings per share. On average, sell-side analysts anticipate that XPEL, Inc. will post 2.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on XPEL shares. Freedom Capital raised XPEL from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. B. Riley Financial upped their price target on XPEL from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings raised XPEL from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, XPEL presently has a consensus rating of "Moderate Buy" and a consensus target price of $65.00.

XPEL Company Profile

XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company's core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL's flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle's factory finish by resisting swirl marks, stone chips, and acid rain.

Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.

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