SG Americas Securities LLC Has $162,000 Position in Exponent, Inc. (NASDAQ:EXPO)

SG Americas Securities LLC trimmed its position in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 94.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,835 shares of the business services provider's stock after selling 31,856 shares during the quarter. SG Americas Securities LLC's holdings in Exponent were worth $162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of Exponent during the second quarter worth approximately $25,000. Operose Advisors LLC acquired a new position in shares of Exponent during the third quarter worth approximately $39,000. Dark Forest Capital Management LP acquired a new position in shares of Exponent during the first quarter worth approximately $45,000. Point72 Hong Kong Ltd acquired a new position in Exponent in the first quarter valued at approximately $74,000. Finally, Signaturefd LLC lifted its holdings in Exponent by 157.7% in the third quarter. Signaturefd LLC now owns 915 shares of the business services provider's stock valued at $78,000 after buying an additional 560 shares during the period. 92.37% of the stock is owned by institutional investors.

Exponent Price Performance

EXPO traded down $0.32 during mid-day trading on Tuesday, hitting $78.15. The stock had a trading volume of 204,676 shares, compared to its average volume of 309,444. The stock's fifty day simple moving average is $79.30 and its 200-day simple moving average is $82.18. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 40.08 and a beta of 0.68. Exponent, Inc. has a 1-year low of $64.61 and a 1-year high of $101.65.

Exponent (NASDAQ:EXPO - Get Free Report) last posted its earnings results on Thursday, February 1st. The business services provider reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The firm had revenue of $113.87 million during the quarter, compared to analyst estimates of $119.11 million. Exponent had a return on equity of 28.49% and a net margin of 18.69%. The company's revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $0.44 earnings per share. As a group, research analysts expect that Exponent, Inc. will post 1.76 earnings per share for the current fiscal year.

Exponent Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were issued a $0.28 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a positive change from Exponent's previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 1.43%. Exponent's dividend payout ratio (DPR) is 57.44%.

Insiders Place Their Bets

In other news, insider Eric Guyer sold 3,367 shares of the stock in a transaction on Friday, February 9th. The shares were sold at an average price of $78.49, for a total transaction of $264,275.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.20% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on EXPO. StockNews.com upgraded shares of Exponent from a "sell" rating to a "hold" rating in a report on Monday, March 4th. Truist Financial cut their price objective on shares of Exponent from $110.00 to $95.00 and set a "buy" rating on the stock in a report on Friday, February 2nd.

About Exponent

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.