EntryPoint Capital LLC Takes $457,000 Position in Exponent, Inc. $EXPO

Key Points

• EntryPoint Capital LLC has invested approximately $457,000 in Exponent, Inc., purchasing 5,643 shares in the 1st quarter of the year.
• Exponent, Inc. recently reported an EPS of $0.52 for the last quarter, exceeding the consensus estimate by $0.04, indicating a year-over-year revenue growth of 7.3%.
• The company announced a quarterly dividend payout of $0.30 per share, representing a 1.7% yield, with the payment scheduled for September 19th.

EntryPoint Capital LLC acquired a new stake in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,643 shares of the business services provider's stock, valued at approximately $457,000.

A number of other large investors have also recently made changes to their positions in EXPO. Brooklyn Investment Group grew its holdings in shares of Exponent by 10,200.0% during the first quarter. Brooklyn Investment Group now owns 309 shares of the business services provider's stock valued at $25,000 after buying an additional 306 shares during the last quarter. Whipplewood Advisors LLC lifted its position in Exponent by 5,333.3% during the first quarter. Whipplewood Advisors LLC now owns 326 shares of the business services provider's stock valued at $26,000 after purchasing an additional 320 shares during the period. UMB Bank n.a. lifted its position in Exponent by 859.1% during the first quarter. UMB Bank n.a. now owns 633 shares of the business services provider's stock valued at $51,000 after purchasing an additional 567 shares during the period. Bessemer Group Inc. lifted its position in Exponent by 103.3% during the first quarter. Bessemer Group Inc. now owns 681 shares of the business services provider's stock valued at $55,000 after purchasing an additional 346 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in Exponent during the fourth quarter valued at $59,000. 92.37% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Joseph Sala sold 1,595 shares of the business's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $70.64, for a total transaction of $112,670.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Catherine Corrigan sold 4,896 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $71.09, for a total transaction of $348,056.64. Following the sale, the chief executive officer directly owned 81,342 shares of the company's stock, valued at $5,782,602.78. This represents a 5.68% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.60% of the company's stock.

Exponent Stock Performance

NASDAQ EXPO traded up $0.23 on Tuesday, reaching $71.04. 74,875 shares of the company's stock traded hands, compared to its average volume of 320,374. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 35.40 and a beta of 0.89. The stock has a 50 day moving average price of $72.75 and a 200-day moving average price of $77.75. Exponent, Inc. has a fifty-two week low of $63.81 and a fifty-two week high of $115.75.

Exponent (NASDAQ:EXPO - Get Free Report) last posted its earnings results on Thursday, July 31st. The business services provider reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. The company had revenue of $132.87 million during the quarter, compared to the consensus estimate of $130.82 million. Exponent had a net margin of 18.35% and a return on equity of 24.19%. The firm's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. As a group, equities research analysts anticipate that Exponent, Inc. will post 1.98 EPS for the current fiscal year.

Exponent Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Friday, September 5th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, September 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. Exponent's payout ratio is currently 60.00%.

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.