The Manufacturers Life Insurance Company Purchases New Shares in XPEL, Inc. $XPEL

The Manufacturers Life Insurance Company acquired a new stake in shares of XPEL, Inc. (NASDAQ:XPEL) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,906 shares of the company’s stock, valued at approximately $541,000.

A number of other hedge funds have also recently bought and sold shares of the company. William Blair Investment Management LLC purchased a new stake in shares of XPEL in the second quarter valued at about $15,236,000. JB Capital Partners LP purchased a new position in XPEL during the second quarter worth about $1,240,000. B. Metzler seel. Sohn & Co. AG purchased a new position in XPEL during the second quarter worth about $2,052,000. Meeder Asset Management Inc. bought a new stake in XPEL in the 2nd quarter worth about $275,000. Finally, BlackRock Inc. bought a new stake in XPEL in the 2nd quarter worth about $190,144,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Stock Performance

Shares of XPEL stock opened at $51.45 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.14 and a current ratio of 2.61. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 26.12 and a beta of 1.13. XPEL, Inc. has a 52 week low of $31.50 and a 52 week high of $55.91. The firm’s 50-day simple moving average is $47.46 and its two-hundred day simple moving average is $45.49.

XPEL (NASDAQ:XPEL) last released its earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The firm had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. XPEL had a net margin of 10.77% and a return on equity of 18.98%. The company’s revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. As a group, equities analysts forecast that XPEL, Inc. will post 2.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

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