Advisor OS LLC Sells 2,444 Shares of Exponent, Inc. (NASDAQ:EXPO)

Advisor OS LLC trimmed its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 44.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,104 shares of the business services provider’s stock after selling 2,444 shares during the quarter. Advisor OS LLC’s holdings in Exponent were worth $277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of EXPO. Venturi Wealth Management LLC boosted its holdings in shares of Exponent by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider’s stock worth $226,000 after buying an additional 111 shares during the last quarter. Heritage Family Offices LLP boosted its stake in shares of Exponent by 3.8% during the 4th quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider’s stock worth $278,000 after acquiring an additional 114 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Exponent by 2.4% during the 4th quarter. Pacer Advisors Inc. now owns 7,574 shares of the business services provider’s stock valued at $675,000 after acquiring an additional 180 shares during the period. Mather Group LLC. increased its stake in shares of Exponent by 14.9% in the 4th quarter. Mather Group LLC. now owns 1,512 shares of the business services provider’s stock worth $135,000 after purchasing an additional 196 shares in the last quarter. Finally, Westside Investment Management Inc. bought a new position in Exponent in the 3rd quarter worth $26,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Exponent Trading Down 0.1 %

Exponent stock opened at $85.60 on Friday. Exponent, Inc. has a 12-month low of $77.21 and a 12-month high of $115.75. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 40.38 and a beta of 0.71. The firm has a 50 day moving average of $89.90 and a 200 day moving average of $99.09.

Exponent (NASDAQ:EXPO) last posted its quarterly earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.06. Exponent had a return on equity of 27.27% and a net margin of 19.52%. During the same period in the prior year, the business posted $0.41 earnings per share. On average, analysts predict that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a $0.30 dividend. This is an increase from Exponent’s previous quarterly dividend of $0.28. This represents a $1.20 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Friday, March 7th. Exponent’s payout ratio is currently 56.60%.

Insiders Place Their Bets

In related news, VP Richard Reiss sold 1,736 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the sale, the vice president now directly owns 1,800 shares in the company, valued at approximately $154,674. The trade was a 49.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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.