MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Stake in Exponent, Inc. (NASDAQ:EXPO)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 377,759 shares of the business services provider's stock after purchasing an additional 20,072 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.74% of Exponent worth $33,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Private Trust Co. NA raised 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 worth $25,000 after purchasing an additional 157 shares during the last quarter. Atala Financial Inc purchased a new position in shares of Exponent during the fourth quarter worth $25,000. Tortoise Investment Management LLC increased its holdings in Exponent by 76.7% in the fourth quarter. Tortoise Investment Management LLC now owns 440 shares of the business services provider's stock valued at $39,000 after buying an additional 191 shares in the last quarter. Trust Co. of Vermont purchased a new position in Exponent in the fourth quarter valued at $45,000. Finally, Brown Brothers Harriman & Co. purchased a new position in Exponent in the fourth quarter valued at $50,000. Hedge funds and other institutional investors own 92.37% of the company's stock.

Insider Buying and Selling at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of Exponent stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $85.93, for a total value 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 approximately $154,674. The trade was a 49.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.10% of the stock is owned by corporate insiders.

Exponent Trading Up 1.0%

EXPO traded up $0.82 on Friday, reaching $80.05. The stock had a trading volume of 458,574 shares, compared to its average volume of 244,606. Exponent, Inc. has a 12-month low of $73.37 and a 12-month high of $115.75. The business's 50-day moving average price is $79.27 and its two-hundred day moving average price is $87.85. The company has a market cap of $4.06 billion, a P/E ratio of 37.76 and a beta of 0.95.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The business services provider reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. Exponent had a net margin of 19.52% and a return on equity of 27.27%. The company had revenue of $137.44 million during the quarter, compared to analysts' expectations of $134.63 million. During the same quarter in the previous year, the company earned $0.59 earnings per share. The firm's revenue for the quarter was up .2% on a year-over-year basis. As a group, analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current year.

Exponent Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $1.20 dividend on an annualized basis and a yield of 1.50%. Exponent's payout ratio is 58.54%.

About Exponent

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.