James Hambro & Partners LLP Purchases 547,042 Shares of QXO, Inc. $QXO

Posted by Francis Steltz on Oct 19th, 2026

James Hambro & Partners LLP purchased a new stake in QXO, Inc. (NYSE:QXO – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 547,042 shares of the company’s stock, valued at approximately $6,398,000. QXO accounts for about 0.2% of James Hambro & Partners LLP’s portfolio, making the stock its 26th largest holding.

Other hedge funds have also recently modified their holdings of the company. Herold Advisors Inc. acquired a new stake in QXO during the third quarter worth about $160,000. LexAurum Advisors LLC lifted its holdings in QXO by 65.3% in the third quarter. LexAurum Advisors LLC now owns 28,524 shares of the company’s stock valued at $333,000 after acquiring an additional 11,273 shares during the period. First Bank & Trust lifted its holdings in QXO by 28.0% in the third quarter. First Bank & Trust now owns 19,262 shares of the company’s stock valued at $225,000 after acquiring an additional 4,215 shares during the period. Narus Financial Partners LLC purchased a new stake in QXO in the 3rd quarter worth approximately $118,000. Finally, Align Financial LLC purchased a new stake in QXO in the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 58.68% of the company’s stock.

Wall Street Analyst Weigh In

QXO has been the topic of a number of analyst reports. KeyCorp dropped their price objective on shares of QXO from $32.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 1st. Wall Street Zen upgraded shares of QXO from a “strong sell” rating to a “sell” rating in a research note on Saturday, July 25th. Melius Research started coverage on shares of QXO in a research note on Tuesday, October 6th. They issued a “buy” rating and a $17.00 target price for the company. Zacks Research raised shares of QXO from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Finally, Wells Fargo & Company dropped their price target on shares of QXO from $16.00 to $15.00 and set an “overweight” rating on the stock in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, QXO has an average rating of “Moderate Buy” and an average target price of $25.14.

Read Our Latest Stock Report on QXO

QXO Price Performance

QXO traded down $0.69 during trading on Monday, hitting $10.16. The company’s stock had a trading volume of 9,830,883 shares, compared to its average volume of 16,267,946. The company has a current ratio of 4.11, a quick ratio of 3.29 and a debt-to-equity ratio of 0.66. QXO, Inc. has a twelve month low of $10.15 and a twelve month high of $27.61. The business’s fifty day simple moving average is $12.68 and its 200 day simple moving average is $15.73. The firm has a market capitalization of $10.55 billion, a price-to-earnings ratio of -11.27, a P/E/G ratio of 2.21 and a beta of 2.30.

QXO (NYSE:QXO – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.18 billion. QXO had a positive return on equity of 2.41% and a negative net margin of 5.17%. On average, equities research analysts forecast that QXO, Inc. will post 0.25 EPS for the current fiscal year.

QXO Profile

(Free Report)

QXO, Inc is a building products distribution company serving professional contractors and other customers in the construction industry. Its product offerings include roofing materials, siding, windows, doors, insulation and related exterior building products.

The company operates through a network of distribution locations in the United States and Canada, providing materials, delivery services and product support to contractors and other building-industry customers. QXO’s strategy is focused on expanding its presence in the building products distribution market through organic growth and acquisitions.

QXO was formerly known as SilverSun Technologies, Inc and adopted the QXO name as part of a strategic transformation led by investor Brad Jacobs.