Exponent, Inc. (NASDAQ:EXPO) Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA cut its holdings in Exponent, Inc. (NASDAQ:EXPO) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 310,241 shares of the business services provider’s stock after selling 1,561 shares during the period. Exponent comprises about 1.7% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 24th largest position. Roffman Miller Associates Inc. PA’s holdings in Exponent were worth $27,643,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning increased its position in shares of Exponent by 24.9% during the third quarter. Creative Planning now owns 21,320 shares of the business services provider’s stock worth $2,458,000 after purchasing an additional 4,250 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Exponent during the third quarter worth about $11,261,000. Arkadios Wealth Advisors increased its position in shares of Exponent by 40.3% during the third quarter. Arkadios Wealth Advisors now owns 23,207 shares of the business services provider’s stock worth $2,675,000 after purchasing an additional 6,665 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Exponent during the third quarter worth about $215,000. Finally, State of Alaska Department of Revenue increased its position in shares of Exponent by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 5,866 shares of the business services provider’s stock worth $676,000 after purchasing an additional 395 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors and hedge funds.

Exponent Stock Performance

EXPO opened at $84.52 on Monday. The business’s 50-day simple moving average is $90.43 and its 200-day simple moving average is $99.54. Exponent, Inc. has a one year low of $75.81 and a one year high of $115.75. The stock has a market capitalization of $4.29 billion, a P/E ratio of 39.87 and a beta of 0.71.

Exponent (NASDAQ:EXPO) last posted its earnings results on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. Exponent had a return on equity of 27.27% and a net margin of 19.52%. During the same quarter in the previous year, the company earned $0.41 EPS. On average, equities research analysts forecast that Exponent, Inc. will post 1.98 EPS for the current fiscal year.

Exponent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be issued a $0.30 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.42%. This is a positive change from Exponent’s previous quarterly dividend of $0.28. Exponent’s payout ratio is presently 52.83%.

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.