MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $59.51 Million Holdings in DXP Enterprises, Inc. (NASDAQ:DXPE)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in DXP Enterprises, Inc. (NASDAQ:DXPE - Free Report) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 720,320 shares of the industrial products company's stock after buying an additional 38,900 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 4.59% of DXP Enterprises worth $59,513,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. CastleKnight Management LP increased its position in shares of DXP Enterprises by 0.3% in the 4th quarter. CastleKnight Management LP now owns 117,300 shares of the industrial products company's stock valued at $9,691,000 after buying an additional 300 shares in the last quarter. Sterling Capital Management LLC increased its holdings in DXP Enterprises by 4.4% during the 4th quarter. Sterling Capital Management LLC now owns 7,656 shares of the industrial products company's stock worth $633,000 after purchasing an additional 326 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of DXP Enterprises by 2,220.0% in the 4th quarter. Global Retirement Partners LLC now owns 348 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 333 shares during the period. Federated Hermes Inc. raised its stake in shares of DXP Enterprises by 4.7% in the 4th quarter. Federated Hermes Inc. now owns 11,220 shares of the industrial products company's stock valued at $927,000 after purchasing an additional 502 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of DXP Enterprises by 3,150.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 520 shares of the industrial products company's stock valued at $43,000 after purchasing an additional 504 shares during the period. Institutional investors own 74.82% of the company's stock.

Insider Buying and Selling

In other DXP Enterprises news, CEO David R. Little purchased 5,999 shares of DXP Enterprises stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average price of $82.70 per share, for a total transaction of $496,117.30. Following the completion of the acquisition, the chief executive officer now owns 1,257,593 shares of the company's stock, valued at approximately $104,002,941.10. This trade represents a 0.48% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Timothy P. Halter sold 5,000 shares of DXP Enterprises stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $89.75, for a total value of $448,750.00. Following the transaction, the director now owns 45,925 shares of the company's stock, valued at $4,121,768.75. The trade was a 9.82% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,785 shares of company stock worth $1,139,818. Company insiders own 22.70% of the company's stock.

DXP Enterprises Stock Up 0.9%

Shares of NASDAQ DXPE traded up $0.77 during mid-day trading on Friday, hitting $89.76. The company had a trading volume of 66,320 shares, compared to its average volume of 159,965. The company has a market capitalization of $1.41 billion, a PE ratio of 23.13 and a beta of 1.26. The firm has a 50-day simple moving average of $83.86 and a two-hundred day simple moving average of $84.21. The company has a current ratio of 2.22, a quick ratio of 1.78 and a debt-to-equity ratio of 1.29. DXP Enterprises, Inc. has a one year low of $43.25 and a one year high of $107.06.

DXP Enterprises (NASDAQ:DXPE - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.06. The company had revenue of $476.57 million during the quarter, compared to analysts' expectations of $477.00 million. DXP Enterprises had a return on equity of 18.74% and a net margin of 3.75%. On average, equities analysts expect that DXP Enterprises, Inc. will post 4.07 EPS for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Stephens lifted their price target on DXP Enterprises from $75.00 to $95.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. StockNews.com downgraded DXP Enterprises from a "buy" rating to a "hold" rating in a research note on Friday.

DXP Enterprises Profile

DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).