Nordea Investment Management AB Decreases Stake in XPEL, Inc. $XPEL

Nordea Investment Management AB lessened its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 14.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,436 shares of the company’s stock after selling 12,678 shares during the quarter. Nordea Investment Management AB owned about 0.27% of XPEL worth $3,718,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in shares of XPEL by 81.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 851 shares of the company’s stock worth $31,000 after acquiring an additional 383 shares in the last quarter. Lazard Asset Management LLC purchased a new position in shares of XPEL in the second quarter valued at $55,000. Russell Investments Group Ltd. bought a new stake in XPEL in the third quarter worth $66,000. Tower Research Capital LLC TRC increased its position in XPEL by 234.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,886 shares of the company’s stock worth $104,000 after purchasing an additional 2,022 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in XPEL by 319.7% during the second quarter. Osaic Holdings Inc. now owns 2,984 shares of the company’s stock valued at $107,000 after purchasing an additional 2,273 shares in the last quarter. Institutional investors own 75.08% of the company’s stock.

XPEL Stock Up 0.2%

Shares of XPEL opened at $40.42 on Friday. The company has a market cap of $1.12 billion, a PE ratio of 21.85 and a beta of 1.29. The business has a fifty day moving average of $47.08 and a 200 day moving average of $43.77. XPEL, Inc. has a 52-week low of $24.25 and a 52-week high of $55.91.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. XPEL had a net margin of 10.76% and a return on equity of 19.51%. The business had revenue of $122.27 million for the quarter, compared to analysts’ expectations of $125.01 million. During the same quarter in the previous year, the business posted $0.32 earnings per share. The business’s revenue was up 13.7% compared to the same quarter last year. As a group, research analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on XPEL. Zacks Research cut shares of XPEL from a “hold” rating to a “strong sell” rating in a research note on Friday, February 27th. Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, 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.