Public Employees Retirement System of Ohio Invests $1.75 Million in XPEL, Inc. $XPEL

Public Employees Retirement System of Ohio bought a new position in shares of XPEL, Inc. (NASDAQ:XPEL) in the second quarter, HoldingsChannel reports. The firm bought 35,201 shares of the company’s stock, valued at approximately $1,746,000.

Several other institutional investors also recently bought and sold shares of the stock. Corient Private Wealth LP bought a new stake in XPEL in the 2nd quarter valued at $1,043,000. Bank of America Corp DE purchased a new stake in XPEL in the 2nd quarter worth $3,427,000. Freestone Grove Partners LP bought a new position in shares of XPEL during the 2nd quarter valued at about $403,000. Polar Asset Management Partners Inc. bought a new position in shares of XPEL during the 2nd quarter valued at about $10,466,000. Finally, Jupiter Topco LLC purchased a new position in shares of XPEL during the second quarter valued at about $480,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Price Performance

Shares of NASDAQ XPEL opened at $51.45 on Monday. The firm’s 50-day moving average price is $47.46 and its 200-day moving average price is $45.49. The company has a current ratio of 2.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 26.12 and a beta of 1.13. XPEL, Inc. has a 12-month low of $31.50 and a 12-month high of $55.91.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08. XPEL had a return on equity of 18.98% and a net margin of 10.77%.The company had revenue of $143.05 million during the quarter, compared to analyst estimates of $135.09 million. During the same quarter last year, the business posted $0.59 earnings per share. The firm’s revenue was up 14.7% on a year-over-year basis. On average, equities research analysts anticipate that XPEL, Inc. will post 2.12 EPS for the current fiscal year.

Analysts Set New Price Targets

XPEL has been the topic of several research reports. Freedom Capital raised XPEL from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Weiss Ratings upgraded XPEL from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Finally, B. Riley Financial lifted their price objective on XPEL from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, XPEL currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

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.