Campbell & CO Investment Adviser LLC Has $1.85 Million Stock Holdings in Exponent, Inc. $EXPO

Key Points

• Campbell & CO Investment Adviser LLC increased its stake in Exponent, Inc. by 28.0%, owning 22,833 shares valued at approximately $1.85 million after acquiring an additional 4,997 shares in the first quarter.
• Exponent recently reported a quarterly earnings per share (EPS) of $0.52, exceeding analysts' expectations of $0.48, along with a revenue of $132.87 million, a 7.3% increase year-over-year.
• The company has declared a quarterly dividend of $0.30, which will yield 1.7% annually, with the payment scheduled for September 19th to shareholders recorded on September 5th.

Campbell & CO Investment Adviser LLC boosted its holdings in Exponent, Inc. (NASDAQ:EXPO - Free Report) by 28.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,833 shares of the business services provider's stock after buying an additional 4,997 shares during the quarter. Campbell & CO Investment Adviser LLC's holdings in Exponent were worth $1,851,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group lifted its position in shares of Exponent by 10,200.0% during the 1st quarter. Brooklyn Investment Group now owns 309 shares of the business services provider's stock valued at $25,000 after acquiring an additional 306 shares during the period. Whipplewood Advisors LLC lifted its holdings in Exponent by 5,333.3% in the 1st quarter. Whipplewood Advisors LLC now owns 326 shares of the business services provider's stock worth $26,000 after buying an additional 320 shares in the last quarter. UMB Bank n.a. increased its position in shares of Exponent by 859.1% in the 1st quarter. UMB Bank n.a. now owns 633 shares of the business services provider's stock worth $51,000 after purchasing an additional 567 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Exponent during the 4th quarter valued at about $59,000. Finally, Bessemer Group Inc. grew its position in Exponent by 103.3% in the 1st quarter. Bessemer Group Inc. now owns 681 shares of the business services provider's stock worth $55,000 after purchasing an additional 346 shares during the last quarter. Hedge funds and other institutional investors own 92.37% of the company's stock.

Exponent Stock Performance

Shares of NASDAQ:EXPO traded down $0.85 during trading on Friday, reaching $71.38. The company had a trading volume of 357,500 shares, compared to its average volume of 463,763. Exponent, Inc. has a twelve month low of $63.81 and a twelve month high of $115.75. The firm has a market capitalization of $3.60 billion, a PE ratio of 35.69 and a beta of 0.89. The firm's fifty day moving average is $72.56 and its 200 day moving average is $77.32.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. 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 net margin of 18.35% and a return on equity of 24.19%. The firm had revenue of $132.87 million for the quarter, compared to analyst estimates of $130.82 million. During the same quarter in the prior year, the business earned $0.57 EPS. The company's revenue for the quarter was up 7.3% compared to the same quarter last year. Equities analysts predict that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Exponent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, September 5th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. Exponent's dividend payout ratio (DPR) is currently 60.00%.

Insider Buying and Selling at Exponent

In related news, CEO Catherine Corrigan sold 4,896 shares of Exponent stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $71.09, for a total value of $348,056.64. Following the completion of the transaction, the chief executive officer directly owned 81,342 shares of the company's stock, valued at $5,782,602.78. The trade was a 5.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Joseph Sala sold 1,595 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $70.64, for a total value of $112,670.80. The disclosure for this sale can be found here. Company insiders own 1.60% of the company's stock.

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.