Willow Creek Wealth Management Inc. held its position in Exponent, Inc. (NASDAQ:EXPO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,760 shares of the business services provider’s stock at the end of the second quarter. Exponent comprises approximately 0.7% of Willow Creek Wealth Management Inc.’s portfolio, making the stock its 11th largest position. Willow Creek Wealth Management Inc. owned about 0.06% of Exponent worth $977,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPO. Gotham Asset Management LLC bought a new stake in Exponent during the first quarter worth approximately $394,000. Nationwide Fund Advisors boosted its stake in Exponent by 4.8% in the first quarter. Nationwide Fund Advisors now owns 159,560 shares of the business services provider’s stock worth $9,502,000 after buying an additional 7,296 shares in the last quarter. Bank of Montreal Can boosted its stake in Exponent by 21.8% in the first quarter. Bank of Montreal Can now owns 3,209 shares of the business services provider’s stock worth $192,000 after buying an additional 575 shares in the last quarter. Oxford Asset Management bought a new stake in Exponent during the first quarter worth approximately $1,174,000. Finally, Nordea Investment Management AB boosted its stake in Exponent by 18.3% in the first quarter. Nordea Investment Management AB now owns 25,299 shares of the business services provider’s stock worth $1,507,000 after buying an additional 3,911 shares in the last quarter. 90.37% of the stock is owned by institutional investors.
Exponent, Inc. (NASDAQ:EXPO) traded down 1.01% during mid-day trading on Friday, hitting $63.85. 90,699 shares of the stock were exchanged. The company has a 50-day moving average price of $62.98 and a 200-day moving average price of $60.12. The company has a market cap of $1.65 billion, a P/E ratio of 33.10 and a beta of 0.62. Exponent, Inc. has a one year low of $48.42 and a one year high of $68.30.
Exponent (NASDAQ:EXPO) last posted its earnings results on Tuesday, July 18th. The business services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.10. Exponent had a net margin of 15.94% and a return on equity of 16.52%. The business had revenue of $84.10 million for the quarter, compared to analysts’ expectations of $79.30 million. During the same period in the previous year, the company posted $0.38 earnings per share. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. Analysts forecast that Exponent, Inc. will post $1.97 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 1st will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.32%. Exponent’s payout ratio is currently 43.52%.
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A number of analysts have recently commented on the stock. ValuEngine raised shares of Exponent from a “sell” rating to a “hold” rating in a research note on Thursday, July 20th. Zacks Investment Research raised shares of Exponent from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Thursday, July 20th. Cantor Fitzgerald reissued a “buy” rating and set a $75.00 target price (up previously from $69.00) on shares of Exponent in a research note on Wednesday, July 19th. Finally, BidaskClub raised shares of Exponent from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 5th.
In related news, CEO Paul R. Johnston sold 5,000 shares of Exponent stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $64.41, for a total value of $322,050.00. Following the completion of the sale, the chief executive officer now owns 66,335 shares in the company, valued at $4,272,637.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Harri Kytomaa sold 12,000 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $66.38, for a total transaction of $796,560.00. Following the sale, the insider now owns 11,360 shares of the company’s stock, valued at approximately $754,076.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 41,855 shares of company stock worth $2,747,452. Corporate insiders own 2.80% of the company’s stock.
Exponent Company Profile
Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.
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