Expand Energy Corporation $EXE Shares Sold by Massachusetts Financial Services Co. MA

Key Points

• Massachusetts Financial Services Co. MA trimmed its stake in Expand Energy (NASDAQ:EXE) by 5.2% in Q4, selling 209,940 shares and now holding 3,850,542 shares (about 1.62% of the company) valued at $424,946,000; institutional investors now own 97.93% of EXE.
• Despite the sale, brokerages remain largely positive—MarketBeat shows a "Moderate Buy" consensus with an average price target of $132.05—and EXE recently posted a quarterly EPS beat ($2.00 vs. $1.89), has low leverage (debt/equity 0.27), a $1B+ net-debt reduction plan, and a 2.3% dividend yield.

Massachusetts Financial Services Co. MA decreased its position in shares of Expand Energy Corporation (NASDAQ:EXE - Free Report) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,850,542 shares of the company's stock after selling 209,940 shares during the period. Massachusetts Financial Services Co. MA owned about 1.62% of Expand Energy worth $424,946,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Siemens Fonds Invest GmbH raised its position in Expand Energy by 6.8% in the 3rd quarter. Siemens Fonds Invest GmbH now owns 1,383 shares of the company's stock valued at $147,000 after purchasing an additional 88 shares in the last quarter. Hara Capital LLC raised its position in Expand Energy by 3.3% in the 3rd quarter. Hara Capital LLC now owns 3,145 shares of the company's stock valued at $334,000 after purchasing an additional 100 shares in the last quarter. New Mexico Educational Retirement Board raised its position in Expand Energy by 1.0% in the 3rd quarter. New Mexico Educational Retirement Board now owns 9,800 shares of the company's stock valued at $1,041,000 after purchasing an additional 100 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in Expand Energy by 5.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,184 shares of the company's stock valued at $232,000 after purchasing an additional 108 shares in the last quarter. Finally, New Wave Wealth Advisors LLC raised its position in Expand Energy by 2.7% in the 4th quarter. New Wave Wealth Advisors LLC now owns 4,308 shares of the company's stock valued at $475,000 after purchasing an additional 115 shares in the last quarter. Institutional investors and hedge funds own 97.93% of the company's stock.

Trending Headlines about Expand Energy

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: Appointed Marcel Teunissen as Chief Financial Officer — adds an experienced energy sector CFO (from Parkland), which supports execution on finance, capital allocation and the company’s $1B+ net-debt reduction plan. Expand Energy (EXE) Appoints Marcel Teunissen as Chief Financial Officer
• Positive Sentiment: Broker consensus remains constructive — multiple brokerages maintain a "Buy" consensus, which supports medium-term upside expectations. Expand Energy Corporation Given Consensus Rating of "Buy" by Brokerages
• Positive Sentiment: Fundamental bullish write-ups highlight valuation and balance-sheet improvements — commentary points to attractive valuation, low leverage, planned production growth (~4.4% in 2026), and continued capital returns while investing in capex. These narratives underpin upside potential if execution continues. Expand Energy's Discount Offers Upside
• Neutral Sentiment: Planned 2026 board leadership transition — director John D. Gass will retire in 2026; appears to be an orderly, announced transition rather than an abrupt governance change. Market impact likely limited unless successors change strategic direction. Expand Energy Announces Planned 2026 Board Leadership Transition
• Neutral Sentiment: Analysts remain mixed — coverage pieces note divergent views across energy names including EXE, reflecting differing assumptions on gas prices and growth execution; this keeps short-term volatility possible. Analysts Conflicted on These Energy Names
• Neutral Sentiment: KeyCorp released Q1 estimates — updates to near-term earnings expectations can influence short-term trading but did not contain a material surprise in headlines. KeyCorp Estimates Expand Energy's Q1 Earnings NASDAQ: EXE
• Negative Sentiment: Truist cut its price target from $136 to $133 while retaining a Buy rating — the modest reduction trims headline upside and can temper momentum even though the rating stays positive. Expand Energy NASDAQ: EXE Price Target Cut to $133.00 by Analysts at Truist Financial

Analysts Set New Price Targets

EXE has been the topic of a number of analyst reports. Citigroup increased their price target on Expand Energy from $118.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, December 19th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $141.00 price target on shares of Expand Energy in a research report on Thursday, February 19th. Piper Sandler increased their price target on Expand Energy from $136.00 to $138.00 and gave the company an "overweight" rating in a research report on Thursday, March 12th. Benchmark increased their price target on Expand Energy from $112.00 to $124.00 and gave the company a "buy" rating in a research report on Thursday, March 5th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Expand Energy in a research report on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $132.05.

Expand Energy Price Performance

Shares of NASDAQ EXE opened at $98.99 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.01. Expand Energy Corporation has a fifty-two week low of $91.01 and a fifty-two week high of $126.62. The firm has a market capitalization of $23.80 billion, a PE ratio of 13.13 and a beta of 0.47. The stock's 50-day simple moving average is $106.15 and its 200-day simple moving average is $108.38.

Expand Energy (NASDAQ:EXE - Get Free Report) last issued its earnings results on Tuesday, February 17th. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. Expand Energy had a return on equity of 8.17% and a net margin of 15.00%.The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $2.28 billion. As a group, equities research analysts forecast that Expand Energy Corporation will post 1.33 EPS for the current fiscal year.

Expand Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were given a dividend of $0.575 per share. This represents a $2.30 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 5th. Expand Energy's dividend payout ratio (DPR) is 30.50%.

Insider Buying and Selling at Expand Energy

In other news, CEO Michael Wichterich purchased 2,000 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average price of $107.50 per share, for a total transaction of $215,000.00. Following the purchase, the chief executive officer directly owned 83,498 shares of the company's stock, valued at $8,976,035. This represents a 2.45% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.19% of the company's stock.

Expand Energy Company Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.

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