Exponent, Inc. (NASDAQ:EXPO) Shares Bought by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC grew its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 288,240 shares of the business services provider’s stock after purchasing an additional 11,720 shares during the period. Silvercrest Asset Management Group LLC’s holdings in Exponent were worth $25,682,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Private Trust Co. NA increased its holdings in shares of Exponent by 129.8% during the fourth quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 157 shares during the period. Atala Financial Inc acquired a new position in shares of Exponent during the fourth quarter valued at $25,000. Tortoise Investment Management LLC increased its holdings in shares of Exponent by 76.7% during the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 191 shares during the period. Trust Co. of Vermont acquired a new position in shares of Exponent during the fourth quarter valued at $45,000. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of Exponent during the fourth quarter valued at $50,000. 92.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Exponent

In related news, VP Richard Reiss sold 1,736 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total transaction 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 trade represents a 49.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.10% of the company’s stock.

Exponent Stock Up 1.0%

Shares of EXPO stock opened at $80.05 on Friday. The stock has a 50-day simple moving average of $79.27 and a 200 day simple moving average of $87.85. Exponent, Inc. has a fifty-two week low of $73.37 and a fifty-two week high of $115.75. The stock has a market capitalization of $4.06 billion, a P/E ratio of 37.76 and a beta of 0.95.

Exponent (NASDAQ:EXPO) last announced its earnings results on Thursday, May 1st. The business services provider reported $0.52 earnings per share for the quarter, beating 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 last year, the business posted $0.59 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. On average, sell-side analysts anticipate that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, June 6th. This represents a $1.20 annualized dividend and a yield of 1.50%. Exponent’s dividend payout ratio is currently 58.54%.

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.