Expand Energy Corporation $EXE Stock: Fifth Third Wealth Advisors LLC Boosts Holdings

Key Points

• Fifth Third Wealth Advisors increased its Expand Energy stake by 35.3% in the third quarter, bringing its holdings to 41,516 shares valued at approximately $3.49 million. Institutional investors collectively own 97.93% of the company.
• Expand Energy reported quarterly EPS of $1.33, exceeding the $1.13 consensus estimate, while revenue of $2.96 billion fell short of expectations. The company also pays a $0.575 quarterly dividend, representing a 2.5% annualized yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $123.11, above the stock’s reported opening price of $93.23, although several firms recently lowered their targets.

Fifth Third Wealth Advisors LLC lifted its holdings in Expand Energy Corporation (NASDAQ:EXE - Free Report) by 35.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,516 shares of the company's stock after purchasing an additional 10,826 shares during the quarter. Fifth Third Wealth Advisors LLC's holdings in Expand Energy were worth $3,491,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Expand Energy by 2.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,377 shares of the company's stock valued at $490,000 after purchasing an additional 105 shares in the last quarter. QRG Capital Management Inc. lifted its position in Expand Energy by 1.2% during the 2nd quarter. QRG Capital Management Inc. now owns 10,361 shares of the company's stock worth $945,000 after buying an additional 127 shares in the last quarter. Parallel Advisors LLC lifted its position in Expand Energy by 8.8% during the 1st quarter. Parallel Advisors LLC now owns 1,906 shares of the company's stock worth $209,000 after buying an additional 154 shares in the last quarter. Cidel Asset Management Inc. lifted its position in Expand Energy by 2.4% during the 2nd quarter. Cidel Asset Management Inc. now owns 8,054 shares of the company's stock worth $734,000 after buying an additional 189 shares in the last quarter. Finally, Doliver Advisors LP lifted its position in Expand Energy by 2.1% during the 3rd quarter. Doliver Advisors LP now owns 9,602 shares of the company's stock worth $807,000 after buying an additional 194 shares in the last quarter. Institutional investors and hedge funds own 97.93% of the company's stock.

Expand Energy Stock Performance

EXE opened at $93.23 on Friday. Expand Energy Corporation has a 12-month low of $83.25 and a 12-month high of $126.62. The stock has a market cap of $21.58 billion, a price-to-earnings ratio of 8.05 and a beta of 0.41. The business has a 50 day moving average of $92.32 and a 200-day moving average of $92.92. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.19.

Expand Energy (NASDAQ:EXE - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.13 by $0.20. The company had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.05 billion. Expand Energy had a return on equity of 10.33% and a net margin of 20.46%. On average, equities research analysts expect that Expand Energy Corporation will post 8.59 earnings per share for the current year.

Expand Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th were issued a dividend of $0.5750 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.30 annualized dividend and a yield of 2.5%. Expand Energy's dividend payout ratio (DPR) is currently 19.86%.

Wall Street Analyst Weigh In

EXE has been the subject of a number of recent research reports. Barclays decreased their price objective on Expand Energy from $110.00 to $107.00 and set an "equal weight" rating for the company in a report on Monday, August 17th. Citigroup lowered their target price on Expand Energy from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Thursday, July 9th. Johnson Rice lowered Expand Energy from a "buy" rating to an "accumulate" rating and dropped their target price for the stock from $135.00 to $125.00 in a report on Monday, August 17th. UBS Group reduced their price target on Expand Energy from $122.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, October 15th. Finally, Mizuho reduced their price target on Expand Energy from $145.00 to $138.00 and set an "outperform" rating for the company in a research report on Tuesday, October 6th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $123.11.

Expand Energy Company Profile

Expand Energy Corporation NASDAQ: EXE is an independent energy company focused on the exploration, development and production of natural gas, crude oil and natural gas liquids in the United States. The company's activities include drilling and operating unconventional oil and gas wells, primarily in major shale formations.

Expand Energy was formed through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024. Chesapeake's portfolio included assets in the Marcellus, Haynesville and Eagle Ford shale plays, while Southwestern was also a major operator in the Appalachian and Haynesville regions.

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