Swiss National Bank Reduces Stake in Expro Group Holdings N.V. $XPRO

Swiss National Bank trimmed its stake in Expro Group Holdings N.V. (NYSE:XPRO) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 193,400 shares of the company’s stock after selling 3,000 shares during the quarter. Swiss National Bank owned approximately 0.17% of Expro Group worth $1,922,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Upgrades and Downgrades

XPRO has been the topic of a number of recent research reports. Pickering Energy Partners initiated coverage on shares of Expro Group in a research note on Monday, July 28th. They set an “outperform” rating on the stock. Piper Sandler upped their price target on shares of Expro Group from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. Barclays upped their price target on shares of Expro Group from $12.00 to $15.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Wells Fargo & Company initiated coverage on shares of Expro Group in a research note on Tuesday, May 27th. They issued an “overweight” rating and a $12.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Expro Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.50.

Expro Group Stock Performance

NYSE XPRO opened at $12.3550 on Friday. Expro Group Holdings N.V. has a 1 year low of $6.70 and a 1 year high of $21.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78. The stock has a market capitalization of $1.43 billion, a PE ratio of 20.25 and a beta of 1.20. The company’s 50 day simple moving average is $9.67 and its two-hundred day simple moving average is $9.68.

Expro Group (NYSE:XPRO) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. The firm had revenue of $422.74 million for the quarter, compared to analyst estimates 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. Analysts predict that Expro Group Holdings N.V. will post 0.68 earnings per share for the current fiscal year.

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.