Cwm LLC Raises Stock Holdings in Expro Group Holdings N.V. $XPRO

Cwm LLC raised its position in Expro Group Holdings N.V. (NYSE:XPRO) by 603.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,729 shares of the company’s stock after buying an additional 22,073 shares during the quarter. Cwm LLC’s holdings in Expro Group were worth $221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Earnest Partners LLC lifted its stake in Expro Group by 60.0% in the first quarter. Earnest Partners LLC now owns 7,140,421 shares of the company’s stock valued at $70,976,000 after buying an additional 2,678,489 shares during the last quarter. American Century Companies Inc. lifted its stake in Expro Group by 20.4% in the first quarter. American Century Companies Inc. now owns 5,065,985 shares of the company’s stock valued at $50,356,000 after buying an additional 859,000 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Expro Group by 37.4% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,050,542 shares of the company’s stock valued at $20,382,000 after buying an additional 557,750 shares during the last quarter. Brown Advisory Inc. lifted 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 buying an additional 27,826 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted 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 buying an additional 82,402 shares during the last quarter. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Analyst Upgrades and Downgrades

XPRO has been the subject of a number of research reports. Piper Sandler boosted their price objective on Expro Group from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Expro Group in a research note on Wednesday, October 8th. Barclays upped their price target on Expro Group from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Pickering Energy Partners started coverage on Expro Group in a research note on Monday, July 28th. They set an “outperform” rating for the company. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.25.

Expro Group Trading Up 0.6%

Shares of XPRO stock opened at $13.88 on Wednesday. The business’s fifty day moving average price is $12.48 and its 200 day moving average price is $10.20. Expro Group Holdings N.V. has a 1-year low of $6.70 and a 1-year high of $14.97. The firm has a market capitalization of $1.58 billion, a PE ratio of 23.53 and a beta of 1.11. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.11 and a quick ratio of 1.74.

Expro Group (NYSE:XPRO) last announced its quarterly earnings data on Thursday, October 23rd. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. Expro Group had a return on equity of 6.41% and a net margin of 4.15%.The firm had revenue of $411.36 million for the quarter, compared to analyst estimates of $426.65 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. Expro Group’s quarterly revenue was down 2.7% on a year-over-year basis. Expro Group has set its FY 2025 guidance at EPS. As a group, 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.