HighTower Advisors LLC Buys New Stake in Expro Group Holdings N.V. $XPRO

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

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Encompass Capital Advisors LLC increased 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 period. Millennium Management LLC bought a new stake in Expro Group in the fourth quarter valued at about $21,711,000. Brown Advisory Inc. increased its stake in Expro Group by 1.7% in the first quarter. Brown Advisory Inc. now owns 1,714,003 shares of the company’s stock valued at $17,037,000 after acquiring an additional 27,826 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Expro Group by 7.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,239,957 shares of the company’s stock valued at $12,325,000 after acquiring an additional 82,402 shares during the period. Finally, SIR Capital Management L.P. increased 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 period. Institutional investors own 92.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on XPRO. Piper Sandler upped their target price 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. Pickering Energy Partners initiated coverage on shares of Expro Group in a research report on Monday, July 28th. They issued an “outperform” rating on the stock. Barclays boosted their price target on shares of Expro Group from $12.00 to $15.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Wells Fargo & Company initiated coverage on shares of Expro Group in a research report on Tuesday, May 27th. They issued an “overweight” rating and a $12.00 price target on the stock. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $12.50.

Expro Group Price Performance

Shares of XPRO stock opened at $12.36 on Friday. Expro Group Holdings N.V. has a 1 year low of $6.70 and a 1 year high of $18.75. The firm’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 price-to-earnings ratio of 20.26 and a beta of 1.24. The company has a current ratio of 2.14, a quick ratio of 1.78 and a debt-to-equity ratio of 0.09.

Expro Group (NYSE:XPRO) last announced its earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. Expro Group had a net margin of 4.26% and a return on equity of 6.43%. The company had revenue of $422.74 million for the quarter, compared to analyst estimates of $408.04 million. 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 EPS 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.