Exponent, Inc. (NASDAQ:EXPO) Shares Acquired by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC raised its stake in shares of Exponent, Inc. (NASDAQ:EXPO - Free Report) by 22.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 342,850 shares of the business services provider's stock after buying an additional 62,760 shares during the quarter. TimesSquare Capital Management LLC owned about 0.68% of Exponent worth $30,548,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Westside Investment Management Inc. acquired a new stake in shares of Exponent during the third quarter worth $26,000. Trust Co. of Vermont acquired a new stake in shares of Exponent during the fourth quarter worth $45,000. Anchor Investment Management LLC acquired a new stake in shares of Exponent during the third quarter worth $64,000. Quarry LP boosted its holdings in shares of Exponent by 127.9% during the third quarter. Quarry LP now owns 604 shares of the business services provider's stock worth $70,000 after purchasing an additional 339 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Exponent by 74.7% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 903 shares of the business services provider's stock worth $104,000 after purchasing an additional 386 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company's stock.

Exponent Stock Down 1.1 %

Shares of EXPO stock traded down $0.98 during mid-day trading on Friday, hitting $84.52. 321,133 shares of the company's stock were exchanged, compared to its average volume of 235,787. Exponent, Inc. has a fifty-two week low of $75.81 and a fifty-two week high of $115.75. The stock has a 50-day simple moving average of $90.43 and a two-hundred day simple moving average of $99.58. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 39.87 and a beta of 0.71.

Exponent (NASDAQ:EXPO - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.46 EPS for the quarter, beating 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 last year, the firm earned $0.41 EPS. As a group, analysts anticipate that Exponent, Inc. will post 1.98 earnings per share for the current fiscal year.

Exponent Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from Exponent's previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a yield of 1.42%. Exponent's dividend payout ratio (DPR) is 52.83%.

Exponent Company 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.