William Blair Investment Management LLC purchased a new stake in shares of XPEL, Inc. (NASDAQ:XPEL – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 307,175 shares of the company’s stock, valued at approximately $15,236,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its holdings in XPEL by 1.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,088 shares of the company’s stock worth $603,000 after acquiring an additional 198 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in XPEL by 1.9% during the fourth quarter. Illinois Municipal Retirement Fund now owns 12,610 shares of the company’s stock valued at $629,000 after purchasing an additional 236 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in XPEL by 13.8% during the fourth quarter. Osaic Holdings Inc. now owns 2,790 shares of the company’s stock valued at $139,000 after purchasing an additional 339 shares during the last quarter. Hantz Financial Services Inc. boosted its position in XPEL by 159.8% during the fourth quarter. Hantz Financial Services Inc. now owns 582 shares of the company’s stock worth $29,000 after purchasing an additional 358 shares during the period. Finally, Langdon Equity Partners bought a new position in XPEL during the fourth quarter worth about $27,000. Institutional investors own 75.08% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on XPEL. B. Riley Financial lifted their target price on shares of XPEL from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Zacks Research upgraded shares of XPEL from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Freedom Capital raised shares of XPEL from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of XPEL in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.
XPEL Price Performance
NASDAQ:XPEL opened at $51.34 on Friday. XPEL, Inc. has a 52-week low of $31.50 and a 52-week high of $55.91. The stock has a fifty day moving average of $46.66 and a 200 day moving average of $45.75. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.14 and a current ratio of 2.61. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 26.06 and a beta of 1.09.
XPEL (NASDAQ:XPEL – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. XPEL had a return on equity of 18.98% and a net margin of 10.77%.The business had revenue of $143.05 million for the quarter, compared to analyst estimates of $135.09 million. During the same period in the prior year, the company earned $0.59 EPS. The company’s quarterly revenue was up 14.7% compared to the same quarter last year. On average, research analysts expect that XPEL, Inc. will post 2.12 EPS for the current fiscal year.
About XPEL
XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.
Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.
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