MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 20,072 Shares of Exponent, Inc. (NASDAQ:EXPO)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Exponent, Inc. (NASDAQ:EXPO) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 377,759 shares of the business services provider’s stock after acquiring an additional 20,072 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Exponent were worth $33,658,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Private Trust Co. NA boosted its stake in shares of Exponent by 129.8% during the 4th quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock worth $25,000 after acquiring an additional 157 shares in the last quarter. Atala Financial Inc acquired a new position in shares of Exponent during the 4th quarter worth about $25,000. Tortoise Investment Management LLC lifted its position in shares of Exponent by 76.7% during the 4th quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock worth $39,000 after purchasing an additional 191 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Exponent during the 4th quarter worth about $45,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of Exponent during the 4th quarter worth about $50,000. Institutional investors own 92.37% of the company’s stock.

Exponent Stock Performance

NASDAQ EXPO opened at $79.14 on Wednesday. Exponent, Inc. has a twelve month low of $73.37 and a twelve month high of $115.75. The stock has a market capitalization of $4.02 billion, a PE ratio of 37.33 and a beta of 0.95. The stock has a 50-day simple moving average of $79.58 and a 200 day simple moving average of $88.17.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. Exponent had a return on equity of 27.27% and a net margin of 19.52%. The business had revenue of $137.44 million during the quarter, compared to analysts’ expectations of $134.63 million. During the same quarter in the previous year, the firm earned $0.59 EPS. The firm’s revenue was up .2% compared to the same quarter last year. As a group, equities research analysts forecast that Exponent, Inc. will post 1.98 EPS for the current fiscal year.

Exponent Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $1.20 annualized dividend and a yield of 1.52%. Exponent’s dividend payout ratio (DPR) is 58.54%.

Insider Buying and Selling at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the completion of the transaction, the vice president now owns 1,800 shares of the company’s stock, valued at $154,674. This represents a 49.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.10% of the company’s stock.

Exponent Profile

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.