Why DXP (DXPE) stock is nosediving. November 05, 2026 at 12:50 PM EST i This article is third-party content and does not represent the views of this site. Tamar Securities, LLC make no guarantees regarding its accuracy or completeness. What happened? Shares of industrial distributor DXP Enterprises (NASDAQ: DXPE) fell 9.7% in the afternoon session after the company reported third-quarter 2026 adjusted earnings per share below analyst estimates. According to a company press release, DXP reported third-quarter adjusted earnings per share of $1.64 and revenue of $587.2 million, an increase of 14.3% from $513.7 million in the prior-year period. Adjusted earnings per share was 8.4% below analyst estimates of $1.79, while revenue was in line with analyst estimates of $584.5 million.The company generated net income of $26.9 million and adjusted EBITDA of $67.26 million. Adjusted EBITDA was 3.4% below analyst estimates of $69.65 million. Operating margin was 8.9%, in line with the same quarter last year, while free cash flow margin was 2.5%, down from 5.5% in the prior-year period. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy DXP? Access its full analysis report here, it's free. What is the market telling Tamar Securities, LLC. DXP's shares are very volatile and have had 20 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move Tamar Securities, LLC wrote about was 10 days ago when the stock gained 5.7% on the news that U.S. stocks climbed across the board as investors positioned for an eventful week defined by a key Federal Reserve interest rate announcement and high-profile corporate earnings releases. Morningstar reported that roughly 36% of S&P 500 companies - including technology heavyweights Amazon, Alphabet, and Microsoft - are scheduled to report their quarterly results this week. Concurrently, the Federal Reserve is scheduled to announce its latest monetary policy decision on Wednesday, with money markets assigning a 90% probability that the central bank will leave the Fed Funds rate on hold, according to Morningstar. Despite traders juggling fresh Middle East conflicts and artificial-intelligence valuation worries, Morningstar noted that anticipation surrounding resilient corporate health helped lift benchmark futures into positive territory. Morningstar highlighted data indicating that analysts expect S&P 500 companies to report a massive 30% jump in third-quarter earnings compared to a year ago. Furthermore, Morningstar cited commentary from BondBloxx Investment Management suggesting that the market views this week's expected Fed hold as merely a temporary pause rather than the definitive end of the tightening cycle. Ultimately, Morningstar explained that falling Treasury yields in the run-up to Wednesday's central bank decision provided further support for the broader equity rally prior to the opening bell. DXP is up 30.6% since the beginning of the year, but at $140.64 per share, it is still trading 30% below its 52-week high of $200.84 from August 2026. Investors who bought $1,000 worth of DXP's shares 5 years ago would now be looking at an investment worth $3,981. ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who's building AI, one company is already using it to print money. And nobody's paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won't last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice. Report this content If you believe this article contains misleading, harmful, or spam content, please let Tamar Securities, LLC know.

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it completed the acquisition of MDS of Michigan, Inc. (“MDS of Michigan” or the “Company”) on November 2, 2026. Founded in 1984, MDS of Michigan is headquartered in Jenison, Michigan and … 03.11.2026

DXP Enterprises, Inc. announces acquisition of MDS of Michigan, Inc. DXPE | 1 hour ago * Expands Service Center presence in Michigan * Enhances end market exposure with food & beverage, automotive, aggregates, waste & water treatment * Adds scale, new geography, and multi-channel capabilities. DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it completed the acquisition of MDS of Michigan, Inc. ("MDS of Michigan" or the "Company") on November 2, 2026. Founded in 1984, MDS of Michigan is headquartered in Jenison, Michigan and serves customers in the food & beverage, automotive, aggregates, and waste & water treatment industries. MDS of Michigan is a leading multi-channel distributor of bearings & power transmission, and related products and services. DXP funded the acquisition with cash from the balance sheet. David Little, Chairman, and Chief Executive Officer of DXP commented, "We are pleased to welcome MDS of Michigan to the DXP family. MDS has built a strong reputation, with deep technical expertise and long-standing customer relationships. This acquisition expands our Service Center presence in the Midwest and strengthens our bearing & power transmission offering." Sales and pro-forma adjusted EBITDA of MDS of Michigan for the last twelve months ending October 31, 2026, were approximately $19 million and $1.6 million, respectively. Pro-forma adjusted EBITDA was calculated as income before tax, plus interest, plus depreciation and amortization, plus non-recurring items that will not continue after the completion of the acquisition. Kent Yee, Chief Financial Officer, stated "MDS of Michigan complements DXP's end markets and builds upon our entry into a geographic region we have historically not served in scale. MDS has built strong relationships with its customers and supplier. We look forward to supporting MDS of Michigan's customers and accelerating their growth. This transaction will be positive for MDS of Michigan and DXP's customers, employees, and shareholders." About DXP Enterprises, Inc. DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada, Mexico, and Dubai. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production ("MROP") services that emphasize and utilize DXP's vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer-driven, creating competitive advantages for its customers. DXP's business segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. For more information, go to www.dxpe.com. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contain statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include but are not limited to; ability to obtain needed capital, dependence on existing management, leverage, and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. In some cases, you can identify forward-looking statements by terminology such as, but not limited to, "may," "will," "should," "intend," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "goal," or "continue" or the negative of such terms or other comparable terminology. For more information, review the Company's filings with the Securities and Exchange Commission.