Principal Financial Group Inc. Purchases 13,527 Shares of XPEL, Inc. $XPEL

Principal Financial Group Inc. increased its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 11.0% in the third quarter, Holdings Channel.com reports. The firm owned 136,922 shares of the company’s stock after purchasing an additional 13,527 shares during the quarter. Principal Financial Group Inc.’s holdings in XPEL were worth $4,528,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in shares of XPEL by 81.8% during the second quarter. PNC Financial Services Group Inc. now owns 851 shares of the company’s stock valued at $31,000 after buying an additional 383 shares during the period. Lazard Asset Management LLC bought a new stake in shares of XPEL during the 2nd quarter worth approximately $55,000. Tower Research Capital LLC TRC boosted its holdings in XPEL by 234.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,886 shares of the company’s stock valued at $104,000 after acquiring an additional 2,022 shares during the period. Osaic Holdings Inc. grew its position in XPEL by 319.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,984 shares of the company’s stock valued at $107,000 after acquiring an additional 2,273 shares during the last quarter. Finally, KLP Kapitalforvaltning AS increased its stake in XPEL by 51.4% in the second quarter. KLP Kapitalforvaltning AS now owns 5,600 shares of the company’s stock worth $201,000 after purchasing an additional 1,900 shares during the period. 75.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of XPEL in a research note on Monday, December 29th. Wall Street Zen lowered shares of XPEL from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, XPEL presently has an average rating of “Hold”.

XPEL Stock Down 0.3%

Shares of XPEL stock opened at $53.72 on Monday. XPEL, Inc. has a 52-week low of $24.25 and a 52-week high of $55.91. The company’s 50 day moving average is $52.24 and its 200 day moving average is $42.43. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 31.79 and a beta of 1.26.

XPEL Company Profile

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.