Expand Energy Corporation $EXE Stock Purchased by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC grew its position in Expand Energy Corporation (NASDAQ:EXE) by 50.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,828 shares of the company’s stock after acquiring an additional 5,670 shares during the quarter. Quattro Financial Advisors LLC’s holdings in Expand Energy were worth $1,415,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Expand Energy during the 2nd quarter worth approximately $1,778,004,000. Oaktree Capital Management LP raised its stake in shares of Expand Energy by 3.5% in the first quarter. Oaktree Capital Management LP now owns 5,237,477 shares of the company’s stock valued at $574,970,000 after purchasing an additional 175,114 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Expand Energy by 94.7% in the first quarter. Bank of New York Mellon Corp now owns 4,498,905 shares of the company’s stock valued at $493,890,000 after purchasing an additional 2,188,422 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Expand Energy by 7.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,466,772 shares of the company’s stock worth $270,838,000 after purchasing an additional 166,407 shares during the period. Finally, Bank of America Corp DE lifted its position in Expand Energy by 9.9% in the first quarter. Bank of America Corp DE now owns 1,921,098 shares of the company’s stock worth $210,898,000 after purchasing an additional 173,503 shares during the period. Institutional investors and hedge funds own 97.93% of the company’s stock.

Expand Energy Trading Down 0.3%

EXE stock opened at $90.80 on Friday. Expand Energy Corporation has a 1-year low of $83.25 and a 1-year high of $126.62. The firm has a market cap of $21.02 billion, a P/E ratio of 11.21 and a beta of 0.41. The business’s 50 day moving average is $92.64 and its 200-day moving average is $93.42. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.19.

Expand Energy (NASDAQ:EXE) last issued its earnings results on Tuesday, July 28th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.20. The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Expand Energy had a return on equity of 10.33% and a net margin of 20.46%. Equities analysts anticipate that Expand Energy Corporation will post 8.59 earnings per share for the current fiscal year.

Expand Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th were given a $0.5750 dividend. This represents a $2.30 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Thursday, August 13th. Expand Energy’s dividend payout ratio is 19.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on EXE shares. Barclays decreased their price target on shares of Expand Energy from $110.00 to $107.00 and set an “equal weight” rating on the stock in a research note on Monday, August 17th. Morgan Stanley dropped their price objective on shares of Expand Energy from $129.00 to $124.00 and set an “overweight” rating for the company in a research note on Thursday. Wolfe Research restated an “outperform” rating and issued a $114.00 price objective on shares of Expand Energy in a research note on Wednesday, July 29th. Mizuho reduced their price objective on shares of Expand Energy from $145.00 to $138.00 and set an “outperform” rating for the company in a report on Tuesday, October 6th. Finally, Raymond James Financial decreased their target price on shares of Expand Energy from $147.00 to $141.00 and set a “strong-buy” rating on the stock in a research report on Monday, October 5th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Expand Energy has an average rating of “Moderate Buy” and an average price target of $122.89.

Expand Energy Company Profile

Expand Energy Corporation is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids in the United States. The company’s operations are focused primarily on unconventional, or shale, formations, and its products are sold to customers in domestic energy and industrial markets.

Expand Energy was created through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024.