KLX Energy Services Holdings, Inc. — Form SCHEDULE 13D
Filed September 3, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D
— Neutral
significance 88/100
What the filing says
Steel Partners Holdings L.P. and affiliated entities (Steel Partners Holdings GP Inc., SPH Group LLC, SPH Group Holdings LLC, Steel Excel Inc., Steel Connect LLC, SP Strategic Holdings LLC) purchased 1,707,172 shares of KLX Energy Services Holdings common stock between August 11–September 3, 2026, at prices ranging from $1.4857 to $1.5451 per share, totaling approximately $2.56M. This represents a coordinated, multi-entity accumulation disclosed via joint Schedule 13D filing on September 3, 2026.
Why this rating
Acquisition of ~5.9% of $29M market-cap company by single investor group; concentrated ownership stake material to control and governance. Neutral tone—acquisition itself neither inherently positive nor negative without strategic rationale disclosure.
Price action (we called it neutral)
at our read · unknown $0.12 | +10 min · unknown $0.12 ▲ 0.00% | +30 min · unknown $0.12 ▲ 0.00% | +1 hr · unknown $0.12 ▲ 0.00% | +4 hrs pending |
Quotes via Yahoo Finance at capture time; sessions other than regular hours are labeled. Not investment advice. How accurate are our calls? →
See more from September 3, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.