1 day Ago By Defense World Staff
Norges Bank bought a new stake in shares of DXP Enterprises, Inc. ( NASDAQ:DXPE – Free Report ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,100 shares of the industrial products company’s stock, valued at approximately $669,000.
Norges Bank owned about 0.05% of DXP Enterprises at the end of the most recent quarter. Several other institutional investors also recently made changes to their positions in DXPE.
JPMorgan Chase & Co. boosted its position in DXP Enterprises by 193.3% during the 3rd quarter.
JPMorgan Chase & Co. now owns 98,044 shares of the industrial products company’s stock valued at $5,232,000 after purchasing an additional 64,611 shares during the period. 272 Capital LP acquired a new position in shares of DXP Enterprises during the third quarter valued at $1,380,000.
Barclays PLC boosted its holdings in shares of DXP Enterprises by 355.4% during the third quarter. Barclays PLC now owns 23,723 shares of the industrial products company’s stock valued at $1,267,000 after acquiring an additional 18,514 shares during the period.
Prudential Financial Inc. grew its position in shares of DXP Enterprises by 96.2% during the fourth quarter.
Prudential Financial Inc. now owns 26,105 shares of the industrial products company’s stock worth $2,157,000 after acquiring an additional 12,800 shares during the last quarter. Finally, Raymond James Financial Inc.
acquired a new stake in shares of DXP Enterprises in the 4th quarter worth about $1,037,000. 74.82% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several research analysts have commented on DXPE shares. Stephens upped their target price on shares of DXP Enterprises from $75.00 to $95.
00 and gave the stock an “overweight” rating in a research report on Monday, March 10th. StockNews.com lowered DXP Enterprises from a “buy” rating to a “hold” rating in a report on Thursday.
Insider Buying and Selling In related news, CMO Paz Maestas sold 4,328 shares of DXP Enterprises stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $89.04, for a total transaction of $385,365.
12. Following the transaction, the chief marketing officer now directly owns 613,039 shares of the company’s stock, valued at $54,584,992.56.
The trade was a 0.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
Also, CEO David R. Little purchased 5,999 shares of the company’s stock in a transaction on Wednesday, March 26th. The stock was acquired at an average price of $82.
70 per share, for a total transaction of $496,117.30. Following the completion of the transaction, the chief executive officer now owns 1,257,593 shares of the company’s stock, valued at $104,002,941.
10. This represents a 0.48 % increase in their position.
The disclosure for this purchase can be found here . Insiders have sold a total of 12,785 shares of company stock valued at $1,139,818 over the last quarter. Corporate insiders own 22.
40% of the company’s stock. DXP Enterprises Price Performance Shares of DXPE opened at $79.14 on Friday.
DXP Enterprises, Inc. has a one year low of $43.25 and a one year high of $107.
06. The stock’s fifty day moving average is $87.47 and its 200-day moving average is $78.
32. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.
78 and a current ratio of 2.22. The firm has a market capitalization of $1.
24 billion, a price-to-earnings ratio of 20.40 and a beta of 1.29.
DXP Enterprises ( NASDAQ:DXPE – Get Free Report ) last released its earnings results on Thursday, March 6th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $0.
89 by $0.49. The firm had revenue of $470.
91 million for the quarter, compared to analysts’ expectations of $447.00 million. DXP Enterprises had a net margin of 3.
75% and a return on equity of 18.74%. Equities analysts anticipate that DXP Enterprises, Inc.
will post 4.07 EPS for the current year. About DXP Enterprises ( Free Report ) DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada.
It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). See Also Five stocks we like better than DXP Enterprises Technology Stocks Explained: Here’s What to Know About Tech Robinhood Strategies Could Be a Game-Changer for Young Investors How to Short Nasdaq: An Easy-to-Follow Guide Are These 3 Retail Stocks Oversold or Really in Trouble? How Investors Can Identify and Successfully Trade Gap-Down Stocks IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Want to see what other hedge funds are holding DXPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DXP Enterprises, Inc.
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