Exponent, Inc. (NASDAQ:EXPO) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in Exponent, Inc. (NASDAQ:EXPO) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 517,612 shares of the business services provider’s stock after purchasing an additional 7,163 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.02% of Exponent worth $59,670,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC grew its position in Exponent by 6.5% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,640,600 shares of the business services provider’s stock valued at $441,414,000 after buying an additional 284,179 shares in the last quarter. Conestoga Capital Advisors LLC boosted its holdings in shares of Exponent by 1.6% in the third quarter. Conestoga Capital Advisors LLC now owns 2,806,517 shares of the business services provider’s stock valued at $323,535,000 after acquiring an additional 43,257 shares in the last quarter. Geneva Capital Management LLC increased its stake in shares of Exponent by 1.7% during the third quarter. Geneva Capital Management LLC now owns 1,590,804 shares of the business services provider’s stock valued at $183,388,000 after acquiring an additional 27,339 shares during the period. Dimensional Fund Advisors LP raised its holdings in Exponent by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,019,085 shares of the business services provider’s stock worth $96,937,000 after purchasing an additional 6,108 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Exponent by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 534,520 shares of the business services provider’s stock worth $50,844,000 after purchasing an additional 17,849 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.

Exponent Stock Performance

Shares of NASDAQ EXPO opened at $98.71 on Friday. Exponent, Inc. has a 1 year low of $68.70 and a 1 year high of $115.75. The firm has a market cap of $5.01 billion, a P/E ratio of 47.64 and a beta of 0.69. The stock has a fifty day moving average price of $105.52 and a two-hundred day moving average price of $102.20.

Exponent Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be paid a dividend of $0.28 per share. The ex-dividend date is Friday, December 6th. This represents a $1.12 annualized dividend and a yield of 1.13%. Exponent’s dividend payout ratio is currently 54.11%.

Insider Buying and Selling

In other news, Director Paul R. Johnston sold 14,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director now owns 80,742 shares in the company, valued at approximately $8,445,613.20. This trade represents a 14.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Carol Lindstrom sold 1,039 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $96.32, for a total transaction of $100,076.48. Following the completion of the sale, the director now owns 5,871 shares in the company, valued at $565,494.72. The trade was a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,339 shares of company stock valued at $3,103,065 over the last three months. 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.