Principal Financial Group Inc. Grows Stake in XPEL, Inc. $XPEL

Principal Financial Group Inc. increased its holdings in XPEL, Inc. (NASDAQ:XPEL) by 11.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,922 shares of the company’s stock after purchasing an additional 13,527 shares during the period. Principal Financial Group Inc. owned 0.49% of XPEL worth $4,528,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XPEL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of XPEL by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,994 shares of the company’s stock valued at $441,000 after buying an additional 619 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in XPEL by 12.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 62,214 shares of the company’s stock valued at $1,828,000 after acquiring an additional 7,099 shares during the last quarter. Jane Street Group LLC lifted its stake in XPEL by 177.4% in the 1st quarter. Jane Street Group LLC now owns 29,905 shares of the company’s stock worth $879,000 after purchasing an additional 19,126 shares in the last quarter. KLP Kapitalforvaltning AS boosted its holdings in shares of XPEL by 51.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 5,600 shares of the company’s stock valued at $201,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of XPEL during the second quarter valued at about $488,000. 75.08% of the stock is currently owned by institutional investors.

XPEL Trading Down 0.3%

Shares of NASDAQ:XPEL opened at $53.72 on Monday. The company has a 50-day moving average price of $52.24 and a 200 day moving average price of $42.43. XPEL, Inc. has a 12 month low of $24.25 and a 12 month high of $55.91. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 31.79 and a beta of 1.26.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on XPEL shares. Wall Street Zen downgraded XPEL from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPEL in a report on Monday, December 29th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, XPEL presently has an average rating of “Hold”.

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.