4,633 Shares in Exponent, Inc. (NASDAQ:EXPO) Acquired by Castlekeep Investment Advisors LLC

Castlekeep Investment Advisors LLC purchased a new stake in Exponent, Inc. (NASDAQ:EXPO) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 4,633 shares of the business services provider’s stock, valued at approximately $413,000.

A number of other large investors also recently made changes to their positions in the business. Venturi Wealth Management LLC lifted its position in Exponent by 4.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider’s stock worth $226,000 after buying an additional 111 shares during the period. Heritage Family Offices LLP boosted its position in shares of Exponent by 3.8% in the fourth quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider’s stock worth $278,000 after acquiring an additional 114 shares during the last quarter. Bank of Montreal Can grew its holdings in Exponent by 1.5% in the fourth quarter. Bank of Montreal Can now owns 8,747 shares of the business services provider’s stock valued at $779,000 after purchasing an additional 131 shares during the period. Arizona State Retirement System increased its position in Exponent by 0.9% during the fourth quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider’s stock worth $1,312,000 after purchasing an additional 133 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in Exponent by 129.8% during the fourth quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock worth $25,000 after purchasing an additional 157 shares during the period. Hedge funds and other institutional investors own 92.37% of the company’s stock.

Exponent Stock Down 1.8 %

Shares of EXPO opened at $75.38 on Tuesday. The firm has a market cap of $3.83 billion, a PE ratio of 35.56 and a beta of 0.95. The company’s fifty day moving average is $80.39 and its two-hundred day moving average is $89.24. Exponent, Inc. has a fifty-two week low of $73.37 and a fifty-two week high of $115.75.

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

Exponent Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $1.20 annualized dividend and a yield of 1.59%. Exponent’s dividend payout ratio is currently 58.54%.

Insider Transactions at Exponent

In related news, VP Richard Reiss sold 1,736 shares of the stock in a transaction 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 sale, the vice president now directly owns 1,800 shares in the company, valued at approximately $154,674. This represents a 49.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.10% of the company’s stock.

Exponent Company 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.