Nuveen LLC Acquires Shares of 828,088 Expro Group Holdings N.V. $XPRO

Nuveen LLC acquired a new stake in shares of Expro Group Holdings N.V. (NYSE:XPRO) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 828,088 shares of the company’s stock, valued at approximately $8,231,000. Nuveen LLC owned about 0.72% of Expro Group as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in XPRO. Millennium Management LLC purchased a new stake in Expro Group during the fourth quarter valued at about $21,711,000. Brown Advisory Inc. lifted its holdings in Expro Group by 108.3% during the fourth quarter. Brown Advisory Inc. now owns 1,686,177 shares of the company’s stock valued at $21,027,000 after purchasing an additional 876,619 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Expro Group by 18.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company’s stock worth $59,283,000 after buying an additional 728,836 shares in the last quarter. Encompass Capital Advisors LLC lifted its holdings in shares of Expro Group by 33.0% in the fourth quarter. Encompass Capital Advisors LLC now owns 2,574,122 shares of the company’s stock worth $32,099,000 after buying an additional 638,324 shares in the last quarter. Finally, SIR Capital Management L.P. lifted its holdings in shares of Expro Group by 95.8% in the fourth quarter. SIR Capital Management L.P. now owns 972,759 shares of the company’s stock worth $12,130,000 after buying an additional 475,897 shares in the last quarter. 92.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on XPRO shares. Piper Sandler increased their price target 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. Pickering Energy Partners started coverage on shares of Expro Group in a report on Monday, July 28th. They issued an “outperform” rating on the stock. Barclays increased their price target 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. Finally, Wells Fargo & Company started coverage on shares of Expro Group in a report on Tuesday, May 27th. They issued an “overweight” rating and a $12.00 price target on the stock. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.50.

Expro Group Trading Up 7.0%

Shares of XPRO opened at $12.3550 on Friday. The firm’s 50 day simple moving average is $9.67 and its 200 day simple moving average is $9.68. The company has a market capitalization of $1.43 billion, a P/E ratio of 20.25 and a beta of 1.20. 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 1-year low of $6.70 and a 1-year high of $21.00.

Expro Group (NYSE:XPRO) last announced its earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The business had revenue of $422.74 million for 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 forecast that Expro Group Holdings N.V. will post 0.68 earnings per share for the current fiscal year.

Expro Group Company 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.