Curi RMB Capital LLC Acquires 1,157 Shares of Exponent, Inc. (NASDAQ:EXPO)

Curi RMB Capital LLC grew its holdings in Exponent, Inc. (NASDAQ:EXPO) by 1.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 105,346 shares of the business services provider’s stock after acquiring an additional 1,157 shares during the period. Curi RMB Capital LLC’s holdings in Exponent were worth $12,144,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC boosted its position in shares of Exponent by 11.9% in the 1st quarter. Empowered Funds LLC now owns 7,189 shares of the business services provider’s stock worth $594,000 after purchasing an additional 764 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Exponent by 601.1% during the first quarter. SG Americas Securities LLC now owns 12,866 shares of the business services provider’s stock valued at $1,064,000 after acquiring an additional 11,031 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Exponent by 5.2% in the 1st quarter. Russell Investments Group Ltd. now owns 16,038 shares of the business services provider’s stock worth $1,326,000 after purchasing an additional 786 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Exponent by 13.5% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 16,469 shares of the business services provider’s stock worth $1,362,000 after purchasing an additional 1,960 shares in the last quarter. Finally, Nicolet Advisory Services LLC raised its holdings in Exponent by 86.0% in the first quarter. Nicolet Advisory Services LLC now owns 5,625 shares of the business services provider’s stock worth $456,000 after buying an additional 2,600 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.

Exponent Stock Down 3.9 %

Shares of EXPO stock opened at $98.61 on Friday. The company has a 50 day moving average price of $107.33 and a 200-day moving average price of $101.94. Exponent, Inc. has a 52 week low of $68.70 and a 52 week high of $115.75. The firm has a market capitalization of $5.01 billion, a PE ratio of 47.64 and a beta of 0.69.

Exponent Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio (DPR) is presently 54.11%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Exponent

In other news, Director Carol Lindstrom sold 1,039 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $96.32, for a total value of $100,076.48. Following the transaction, the director now owns 5,871 shares in the company, valued at $565,494.72. This represents a 15.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul R. Johnston sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $103.83, for a total transaction of $726,810.00. Following the sale, the director now owns 80,742 shares of the company’s stock, valued at $8,383,441.86. This trade represents a 7.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,039 shares of company stock worth $2,291,286. Insiders own 2.10% of the company’s stock.

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.