Sprucegrove Investment Management Ltd. Has $3.21 Million Position in XPEL, Inc. $XPEL

Sprucegrove Investment Management Ltd. cut its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 44.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 64,256 shares of the company’s stock after selling 50,600 shares during the period. XPEL comprises 0.4% of Sprucegrove Investment Management Ltd.’s portfolio, making the stock its 28th biggest holding. Sprucegrove Investment Management Ltd.’s holdings in XPEL were worth $3,207,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. B. Metzler seel. Sohn & Co. AG boosted its position in XPEL by 1.1% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 25,882 shares of the company’s stock worth $856,000 after acquiring an additional 282 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of XPEL by 7.6% in the third quarter. Oregon Public Employees Retirement Fund now owns 5,638 shares of the company’s stock valued at $186,000 after purchasing an additional 400 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of XPEL by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,994 shares of the company’s stock valued at $441,000 after purchasing an additional 619 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of XPEL by 4.0% in the third quarter. Franklin Resources Inc. now owns 16,956 shares of the company’s stock worth $561,000 after purchasing an additional 653 shares in the last quarter. Finally, Lakewood Asset Management LLC boosted its holdings in XPEL by 8.8% during the fourth quarter. Lakewood Asset Management LLC now owns 8,116 shares of the company’s stock worth $405,000 after purchasing an additional 657 shares during the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.

Analyst Ratings Changes

XPEL has been the topic of several analyst reports. Zacks Research raised shares of XPEL from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a research note on Friday, March 27th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

XPEL Stock Up 3.0%

XPEL opened at $49.37 on Wednesday. XPEL, Inc. has a 12-month low of $31.26 and a 12-month high of $55.91. The business has a 50 day moving average of $43.60 and a 200-day moving average of $46.01. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 26.69 and a beta of 1.13.

XPEL (NASDAQ:XPEL) last posted its earnings results on Wednesday, February 25th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $125.01 million. During the same period in the previous year, the firm earned $0.32 EPS. The firm’s revenue was up 13.7% compared to the same quarter last year. As a group, analysts expect that XPEL, Inc. will post 2.04 earnings per share for the current year.

XPEL 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.