Mitchell & Pahl Private Wealth LLC Grows Position in Exponent, Inc. (NASDAQ:EXPO)

Mitchell & Pahl Private Wealth LLC lifted its holdings in shares of Exponent, Inc. (NASDAQ:EXPO) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,545 shares of the business services provider’s stock after purchasing an additional 584 shares during the quarter. Mitchell & Pahl Private Wealth LLC’s holdings in Exponent were worth $583,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of EXPO. JPMorgan Chase & Co. lifted its holdings in shares of Exponent by 63.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 630,644 shares of the business services provider’s stock worth $72,701,000 after acquiring an additional 245,086 shares during the last quarter. International Assets Investment Management LLC bought a new position in Exponent in the third quarter valued at $11,261,000. Geode Capital Management LLC raised its position in Exponent by 4.8% during the third quarter. Geode Capital Management LLC now owns 1,505,652 shares of the business services provider’s stock valued at $173,597,000 after purchasing an additional 69,099 shares in the last quarter. Barclays PLC lifted its stake in Exponent by 219.0% during the third quarter. Barclays PLC now owns 96,526 shares of the business services provider’s stock worth $11,127,000 after purchasing an additional 66,263 shares during the last quarter. Finally, TimesSquare Capital Management LLC boosted its holdings in shares of Exponent by 21.1% in the 3rd quarter. TimesSquare Capital Management LLC now owns 280,090 shares of the business services provider’s stock worth $32,289,000 after purchasing an additional 48,859 shares in the last quarter. 92.37% of the stock is currently owned by institutional investors.

Exponent Trading Down 0.4 %

Shares of NASDAQ EXPO opened at $92.34 on Tuesday. The stock’s 50-day moving average is $93.71 and its 200 day moving average is $101.52. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 44.61 and a beta of 0.71. Exponent, Inc. has a 1-year low of $68.70 and a 1-year high of $115.75.

Exponent Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, December 6th. Exponent’s dividend payout ratio (DPR) is presently 54.11%.

Insider Transactions at Exponent

In other news, Director Carol Lindstrom sold 1,039 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $96.32, for a total transaction of $100,076.48. Following the transaction, the director now directly owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. This trade represents a 15.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul R. Johnston sold 14,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $104.60, for a total value of $1,464,400.00. Following the completion of the sale, the director now directly owns 80,742 shares of the company’s stock, valued at approximately $8,445,613.20. This trade represents a 14.78 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,339 shares of company stock worth $3,103,065. 2.10% of the stock is currently owned by insiders.

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.