DXP Enterprises (NASDAQ:DXPE) Shares Climb 10.4% - What's Next?

Key Points

• DXP Enterprises shares rose 10.4% to $146.74, although trading volume was 76% below its average.
• Third-quarter revenue of $587.2 million slightly exceeded estimates, but adjusted EPS of $1.64 missed the $1.79 consensus; reports also flagged margin pressure and uncertainty around the fourth-quarter outlook.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $187; Stephens raised its target to $220 and maintained an overweight rating.

DXP Enterprises, Inc. (NASDAQ:DXPE - Get Free Report)'s share price rose 10.4% on Friday. The company traded as high as $151.47 and last traded at $146.7440. Approximately 37,590 shares changed hands during trading, a decline of 76% from the average daily volume of 154,460 shares. The stock had previously closed at $132.87.

DXP Enterprises News Summary

Here are the key news stories impacting DXP Enterprises this week:

• Positive Sentiment: Third-quarter revenue was $587.2 million, slightly above the $584.5 million estimate, and sales grew at a double-digit rate. DXPE Q3 2026 deep dive: Margin pressures emerge despite double-digit sales growth
• Negative Sentiment: Adjusted earnings were weaker than expected: DXP reported $1.64 per share versus the $1.79 consensus estimate. The shortfall raises concerns about profitability despite higher sales. DXP Enterprises Q3 earnings results
• Negative Sentiment: Coverage highlights emerging margin pressure and questions about the fourth-quarter outlook. These concerns help explain why the earnings news may weigh on DXPE more than the revenue beat supports it. Is DXP Enterprises Undervalued As Its Earnings Miss Clouds The Q4 Outlook?

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DXPE shares. Stephens lifted their price target on DXP Enterprises from $160.00 to $220.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Weiss Ratings downgraded shares of DXP Enterprises from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, October 26th. Finally, Wall Street Zen lowered DXP Enterprises from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 31st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $187.00.

DXP Enterprises Price Performance

The stock has a 50 day moving average of $179.98 and a two-hundred day moving average of $161.89. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.58 and a current ratio of 2.99. The firm has a market capitalization of $2.18 billion, a P/E ratio of 24.73 and a beta of 1.03.

DXP Enterprises (NASDAQ:DXPE - Get Free Report) last announced its earnings results on Thursday, November 5th. The industrial products company reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.15). DXP Enterprises had a net margin of 4.35% and a return on equity of 18.51%. The business had revenue of $587.18 million for the quarter, compared to the consensus estimate of $584.50 million.

Institutional Investors Weigh In On DXP Enterprises

A number of large investors have recently bought and sold shares of DXPE. Bank of New York Mellon Corp acquired a new stake in DXP Enterprises during the 2nd quarter worth approximately $13,566,000. First Trust Advisors LP grew its holdings in DXP Enterprises by 1.1% during the 1st quarter. First Trust Advisors LP now owns 68,634 shares of the industrial products company's stock worth $9,590,000 after acquiring an additional 756 shares during the period. Congress Asset Management Co. grew its stake in DXP Enterprises by 21.7% during the third quarter. Congress Asset Management Co. now owns 64,015 shares of the industrial products company's stock worth $11,600,000 after purchasing an additional 11,423 shares during the period. Globeflex Capital L P acquired a new stake in shares of DXP Enterprises during the 2nd quarter worth approximately $6,507,000. Finally, SummerHaven Investment Management LLC increased its stake in DXP Enterprises by 110.6% in the third quarter. SummerHaven Investment Management LLC now owns 17,271 shares of the industrial products company's stock valued at $3,130,000 after purchasing an additional 9,070 shares in the last quarter. 74.82% of the stock is currently owned by institutional investors.

DXP Enterprises Company Profile

DXP Enterprises, Inc is an industrial distribution and services company headquartered in Houston, Texas. The company supplies maintenance, repair and operating products used by industrial, commercial and government customers, with an emphasis on rotating equipment, fluid handling and related industrial applications.

Its product offerings include pumps, valves, bearings, power-transmission components, hose and rubber products, industrial supplies, safety equipment and other maintenance products.

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