HighTower Advisors LLC Acquires New Position in Expro Group Holdings N.V. $XPRO

HighTower Advisors LLC acquired a new stake in Expro Group Holdings N.V. (NYSE:XPRO) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,622 shares of the company’s stock, valued at approximately $125,000.

A number of other large investors also recently made changes to their positions in XPRO. Fifth Third Bancorp acquired a new position in shares of Expro Group in the 1st quarter valued at $87,000. Brighton Jones LLC acquired a new position in shares of Expro Group in the 1st quarter valued at $103,000. Teacher Retirement System of Texas acquired a new position in shares of Expro Group in the 1st quarter valued at $145,000. Jefferies Financial Group Inc. acquired a new position in shares of Expro Group in the 1st quarter valued at $155,000. Finally, D. E. Shaw & Co. Inc. acquired a new position in shares of Expro Group in the 4th quarter valued at $183,000. Institutional investors and hedge funds own 92.07% of the company’s stock.

Expro Group Stock Down 1.4%

Expro Group stock opened at $12.36 on Friday. The company’s 50-day moving average is $10.35 and its 200-day moving average is $9.64. The firm has a market capitalization of $1.43 billion, a PE ratio of 20.26 and a beta of 1.24. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78. Expro Group Holdings N.V. has a fifty-two week low of $6.70 and a fifty-two week high of $18.75.

Expro Group (NYSE:XPRO) last announced its earnings results on Tuesday, July 29th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.12 by $0.04. The business had revenue of $422.74 million during the quarter, compared to the consensus estimate of $408.04 million. Expro Group had a net margin of 4.26% and a return on equity of 6.43%. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on XPRO shares. Pickering Energy Partners started coverage on Expro Group in a research note on Monday, July 28th. They issued an “outperform” rating on the stock. Barclays increased their target price on shares of Expro Group from $12.00 to $15.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Wells Fargo & Company began coverage on shares of Expro Group in a report on Tuesday, May 27th. They issued an “overweight” rating and a $12.00 target price on the stock. Finally, Piper Sandler increased their target price on shares of Expro Group from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Expro Group has a consensus rating of “Moderate Buy” and a consensus price target of $12.50.

Expro Group Profile

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.