Voya Investment Management LLC Sells 2,156 Shares of Expro Group Holdings N.V. $XPRO

Voya Investment Management LLC decreased its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO) by 7.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,799 shares of the company’s stock after selling 2,156 shares during the period. Voya Investment Management LLC’s holdings in Expro Group were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in XPRO. Fifth Third Bancorp acquired a new stake in Expro Group in the first quarter valued at $87,000. Brighton Jones LLC acquired a new stake in shares of Expro Group during the 1st quarter worth about $103,000. Strs Ohio acquired a new stake in shares of Expro Group during the 1st quarter worth about $104,000. Versor Investments LP acquired a new stake in Expro Group in the 1st quarter worth about $111,000. Finally, HighTower Advisors LLC acquired a new stake in Expro Group in the 1st quarter worth about $125,000. Institutional investors own 92.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on XPRO shares. Barclays raised their target price on shares of Expro Group from $12.00 to $15.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Pickering Energy Partners started coverage on shares of Expro Group in a research report on Monday, July 28th. They set an “outperform” rating on the stock. Finally, Piper Sandler boosted 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. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $12.50.

Expro Group Price Performance

XPRO opened at $12.32 on Tuesday. The firm has a market cap of $1.42 billion, a P/E ratio of 20.19 and a beta of 1.24. The firm has a 50-day moving average of $11.41 and a 200 day moving average of $9.70. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.78 and a current ratio of 2.14. Expro Group Holdings N.V. has a fifty-two week low of $6.70 and a fifty-two week high of $18.06.

Expro Group (NYSE:XPRO) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. The company had revenue of $422.74 million during 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. On average, research analysts expect that Expro Group Holdings N.V. will post 0.68 EPS for the current 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.