Nordea Investment Management AB Reduces Position in XPEL, Inc. $XPEL

Nordea Investment Management AB lessened its holdings in shares of XPEL, Inc. (NASDAQ:XPEL) by 14.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,436 shares of the company’s stock after selling 12,678 shares during the period. Nordea Investment Management AB’s holdings in XPEL were worth $3,718,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Wasatch Advisors LP lifted its stake in shares of XPEL by 5.0% during the 2nd quarter. Wasatch Advisors LP now owns 3,947,310 shares of the company’s stock worth $141,708,000 after acquiring an additional 188,368 shares during the last quarter. Vanguard Group Inc. grew its position in XPEL by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,676,224 shares of the company’s stock valued at $55,433,000 after acquiring an additional 70,087 shares during the last quarter. Schwartz Investment Counsel Inc. increased its stake in XPEL by 4.8% in the third quarter. Schwartz Investment Counsel Inc. now owns 912,999 shares of the company’s stock worth $30,193,000 after purchasing an additional 42,000 shares during the period. Divisadero Street Capital Management LP increased its stake in XPEL by 195.2% in the third quarter. Divisadero Street Capital Management LP now owns 416,890 shares of the company’s stock worth $13,787,000 after purchasing an additional 275,651 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of XPEL by 7.8% during the third quarter. Dimensional Fund Advisors LP now owns 395,129 shares of the company’s stock worth $13,066,000 after purchasing an additional 28,637 shares during the last quarter. 75.08% of the stock is currently owned by hedge funds and other institutional investors.

XPEL Stock Up 0.2%

XPEL opened at $40.42 on Friday. The stock’s fifty day moving average is $47.08 and its two-hundred day moving average is $43.77. The company has a market capitalization of $1.12 billion, a P/E ratio of 21.85 and a beta of 1.29. XPEL, Inc. has a 52 week low of $24.25 and a 52 week high of $55.91.

XPEL (NASDAQ:XPEL) last issued its earnings results on Wednesday, February 25th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.05. XPEL had a return on equity of 19.51% and a net margin of 10.76%.The business had revenue of $122.27 million during the quarter, compared to analysts’ expectations of $125.01 million. During the same period in the prior year, the business earned $0.32 EPS. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. Equities analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on XPEL shares. Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a report on Monday, December 29th. Zacks Research lowered shares of XPEL from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

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.