DXP Enterprises (NASDAQ:DXPE) Stock Price Up 6.5% – Here’s What Happened

Posted by Stanley Muller on Oct 26th, 2026

DXP Enterprises, Inc. (NASDAQ:DXPE – Get Free Report)’s share price traded up 6.5% during mid-day trading on Monday. The stock traded as high as $166.19 and last traded at $166.34. 33,615 shares changed hands during trading, a decline of 78% from the average session volume of 154,525 shares. The stock had previously closed at $156.26.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of DXP Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 17th. Weiss Ratings raised shares of DXP Enterprises from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. Finally, Stephens raised their price target on DXP Enterprises from $160.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.00.

View Our Latest Research Report on DXP Enterprises

DXP Enterprises Stock Performance

The company has a debt-to-equity ratio of 1.51, a current ratio of 2.99 and a quick ratio of 2.58. The business has a 50-day simple moving average of $184.41 and a 200-day simple moving average of $170.24. The firm has a market capitalization of $2.58 billion, a PE ratio of 29.24 and a beta of 1.03.

DXP Enterprises (NASDAQ:DXPE – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.17. DXP Enterprises had a net margin of 4.35% and a return on equity of 18.51%. The company had revenue of $576.46 million during the quarter, compared to the consensus estimate of $543.00 million.

Institutional Investors Weigh In On DXP Enterprises

Several hedge funds and other institutional investors have recently made changes to their positions in DXPE. Bank of New York Mellon Corp acquired a new position in DXP Enterprises in the second quarter valued at about $13,566,000. First Trust Advisors LP raised its holdings in shares of DXP Enterprises by 1.1% in the 1st quarter. First Trust Advisors LP now owns 68,634 shares of the industrial products company’s stock valued at $9,590,000 after purchasing an additional 756 shares in the last quarter. Congress Asset Management Co. lifted its holdings in DXP Enterprises by 21.7% during the 3rd quarter. Congress Asset Management Co. now owns 64,015 shares of the industrial products company’s stock worth $11,600,000 after buying an additional 11,423 shares during the last quarter. Globeflex Capital L P purchased a new position in shares of DXP Enterprises in the 2nd quarter valued at $6,507,000. Finally, SummerHaven Investment Management LLC boosted its position in shares of DXP Enterprises by 110.6% in the 3rd quarter. SummerHaven Investment Management LLC now owns 17,271 shares of the industrial products company’s stock valued at $3,130,000 after purchasing an additional 9,070 shares during the period. Institutional investors and hedge funds own 74.82% of the company’s stock.

DXP Enterprises Company Profile

(Get Free Report)

DXP Enterprises, Inc is an industrial distribution and services company headquartered in Houston, Texas. The company supplies maintenance, repair and operating products used by industrial, commercial and government customers, with an emphasis on rotating equipment, fluid handling and related industrial applications.

Its product offerings include pumps, valves, bearings, power-transmission components, hose and rubber products, industrial supplies, safety equipment and other maintenance products.