Wealth Enhancement Advisory Services LLC Takes $215,000 Position in Exponent, Inc. (NASDAQ:EXPO)

Wealth Enhancement Advisory Services LLC acquired a new position in Exponent, Inc. (NASDAQ:EXPO) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 1,862 shares of the business services provider’s stock, valued at approximately $215,000.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Exponent in the second quarter valued at about $25,000. GAMMA Investing LLC grew its holdings in Exponent by 67.7% during the 2nd quarter. GAMMA Investing LLC now owns 379 shares of the business services provider’s stock valued at $36,000 after buying an additional 153 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in Exponent by 166.5% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 517 shares of the business services provider’s stock worth $49,000 after buying an additional 323 shares in the last quarter. USA Financial Formulas purchased a new position in Exponent during the third quarter worth $60,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of Exponent by 70.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 873 shares of the business services provider’s stock worth $83,000 after acquiring an additional 361 shares during the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Truist Financial reaffirmed a “buy” rating and set a $120.00 price objective (up previously from $100.00) on shares of Exponent in a research note on Friday, July 26th.

Exponent Price Performance

NASDAQ:EXPO opened at $102.98 on Wednesday. Exponent, Inc. has a 1-year low of $68.70 and a 1-year high of $115.75. The firm has a 50 day simple moving average of $107.54 and a 200-day simple moving average of $101.96. The firm has a market cap of $5.23 billion, a PE ratio of 49.75 and a beta of 0.69.

Exponent Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio (DPR) is 54.11%.

Insider Activity

In other Exponent 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 value of $100,076.48. Following the sale, the director now directly owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Exponent news, Director Paul R. Johnston sold 14,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $104.60, for a total transaction of $1,464,400.00. Following the transaction, the director now owns 80,742 shares of the company’s stock, valued at $8,445,613.20. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Carol Lindstrom sold 1,039 shares of the company’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $96.32, for a total value of $100,076.48. Following the sale, the director now owns 5,871 shares of the company’s stock, valued at approximately $565,494.72. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.10% 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.