EntryPoint Capital LLC Invests $457,000 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 purchased a new position in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,643 shares of the business services provider's stock, valued at approximately $457,000.

Other large investors also recently modified their holdings of the company. Brooklyn Investment Group increased its stake 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 worth $25,000 after purchasing an additional 306 shares during the last quarter. Whipplewood Advisors LLC boosted 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 during the period. UMB Bank n.a. boosted its holdings in 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 buying an additional 567 shares during the period. Johnson Financial Group Inc. bought a new position in Exponent in the 4th quarter worth approximately $59,000. Finally, Bessemer Group Inc. boosted its holdings 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 buying an additional 346 shares during the period. Hedge funds and other institutional investors own 92.37% of the company's stock.

Exponent Trading Up 0.6%

EXPO opened at $70.03 on Thursday. The company has a 50 day moving average of $73.01 and a 200 day moving average of $78.36. The company has a market cap of $3.54 billion, a PE ratio of 35.02 and a beta of 0.89. Exponent, Inc. has a 12 month low of $63.81 and a 12 month high of $115.75.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The business services provider reported $0.52 EPS for the quarter, topping the consensus estimate 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%. Exponent's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.57 EPS. Research analysts forecast that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Exponent Dividend Announcement

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

Insider Buying and Selling at Exponent

In related news, VP Joseph Rakow sold 1,573 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $77.72, for a total value of $122,253.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Joseph Sala sold 1,595 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $70.64, for a total transaction of $112,670.80. The disclosure for this sale can be found here. Insiders sold a total of 10,064 shares of company stock valued at $735,621 in the last quarter. Corporate 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.

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