DXP Enterprises, Inc. (NASDAQ:DXPE) Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its position in shares of DXP Enterprises, Inc. (NASDAQ:DXPE) by 4.4% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 28,735 shares of the industrial products company’s stock after acquiring an additional 1,208 shares during the quarter. Public Sector Pension Investment Board owned about 0.18% of DXP Enterprises worth $1,317,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its position in DXP Enterprises by 7.1% during the 2nd quarter. Sei Investments Co. now owns 83,757 shares of the industrial products company’s stock worth $3,839,000 after acquiring an additional 5,543 shares during the period. Pacer Advisors Inc. acquired a new position in shares of DXP Enterprises in the 2nd quarter valued at about $32,797,000. Renaissance Technologies LLC lifted its holdings in shares of DXP Enterprises by 125.3% in the 2nd quarter. Renaissance Technologies LLC now owns 111,300 shares of the industrial products company’s stock valued at $5,102,000 after buying an additional 61,900 shares during the period. WINTON GROUP Ltd acquired a new position in shares of DXP Enterprises in the 2nd quarter valued at about $437,000. Finally, Federated Hermes Inc. lifted its holdings in shares of DXP Enterprises by 8.8% in the 2nd quarter. Federated Hermes Inc. now owns 10,962 shares of the industrial products company’s stock valued at $502,000 after buying an additional 888 shares during the period. Institutional investors and hedge funds own 74.82% of the company’s stock.

Insider Buying and Selling

In related news, CMO Paz Maestas sold 2,000 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $53.21, for a total value of $106,420.00. Following the completion of the transaction, the chief marketing officer now owns 617,367 shares of the company’s stock, valued at approximately $32,850,098.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 22.10% of the stock is currently owned by insiders.

DXP Enterprises Stock Performance

Shares of DXPE stock opened at $53.18 on Wednesday. The stock has a market cap of $847.05 million, a PE ratio of 14.71 and a beta of 1.59. The business has a 50-day simple moving average of $51.19 and a 200-day simple moving average of $50.47. The company has a quick ratio of 1.92, a current ratio of 2.39 and a debt-to-equity ratio of 1.35. DXP Enterprises, Inc. has a 52-week low of $28.82 and a 52-week high of $57.38.

DXP Enterprises (NASDAQ:DXPE) last issued its quarterly earnings data on Thursday, August 8th. The industrial products company reported $1.02 earnings per share (EPS) for the quarter. The business had revenue of $445.56 million during the quarter. DXP Enterprises had a return on equity of 17.22% and a net margin of 3.57%. On average, equities analysts expect that DXP Enterprises, Inc. will post 3.56 EPS for the current year.

About DXP Enterprises

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).