William Blair Investment Management LLC Buys New Position in XPEL, Inc. $XPEL

Key Points

• William Blair Investment Management bought 307,175 XPEL shares worth approximately $15.2 million, giving it a 1.11% stake. Institutional investors collectively own 75.08% of the company.
• XPEL reported stronger-than-expected quarterly results, with EPS of $0.68 versus the $0.60 consensus estimate and revenue of $143.05 million. Revenue increased 14.7% year over year.
• Analyst sentiment is generally positive: B. Riley raised its price target to $65 and Freedom Capital upgraded the stock to “strong buy,” contributing to a consensus “Moderate Buy” rating and $65 average target.

William Blair Investment Management LLC bought a new position in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 307,175 shares of the company's stock, valued at approximately $15,236,000. William Blair Investment Management LLC owned 1.11% of XPEL at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of XPEL during the 2nd quarter worth approximately $190,144,000. Alta Fox Capital Management LLC grew its position in shares of XPEL by 2,392.9% during the 4th quarter. Alta Fox Capital Management LLC now owns 1,442,638 shares of the company's stock worth $72,002,000 after buying an additional 1,384,769 shares during the period. SCS Capital Management LLC bought a new stake in shares of XPEL in the 2nd quarter valued at $61,580,000. Wasatch Advisors LP increased its stake in shares of XPEL by 16.6% in the 4th quarter. Wasatch Advisors LP now owns 3,814,500 shares of the company's stock valued at $190,382,000 after acquiring an additional 542,187 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of XPEL during the 2nd quarter valued at $6,868,000. 75.08% of the stock is currently owned by institutional investors.

XPEL Trading Up 1.9%

NASDAQ:XPEL opened at $51.34 on Friday. XPEL, Inc. has a 52 week low of $31.50 and a 52 week high of $55.91. The firm has a 50-day moving average price of $46.66 and a two-hundred day moving average price of $45.75. 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 firm has a market cap of $1.42 billion, a price-to-earnings ratio of 26.06 and a beta of 1.09.

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

Analysts Set New Price Targets

Several research analysts recently issued reports on XPEL shares. B. Riley Financial increased their target price on shares of XPEL from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Freedom Capital raised shares of XPEL from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of XPEL in a research note on Wednesday, June 24th. Finally, Zacks Research upgraded XPEL from a "strong sell" rating to a "hold" rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued 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 $65.00.

XPEL 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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