Roffman Miller Associates Inc. PA Lowers Stock Holdings in Exponent, Inc. (NASDAQ:EXPO)

Roffman Miller Associates Inc. PA reduced its position in shares of Exponent, Inc. (NASDAQ:EXPO) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 310,241 shares of the business services provider’s stock after selling 1,561 shares during the period. Exponent comprises about 1.7% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 24th largest holding. Roffman Miller Associates Inc. PA owned about 0.61% of Exponent worth $27,643,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Venturi Wealth Management LLC boosted its position in shares of Exponent by 4.6% during 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 period. Heritage Family Offices LLP boosted its position in shares of Exponent by 3.8% during the fourth quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider’s stock worth $278,000 after buying an additional 114 shares during the period. Pacer Advisors Inc. boosted its position in shares of Exponent by 2.4% during the fourth quarter. Pacer Advisors Inc. now owns 7,574 shares of the business services provider’s stock worth $675,000 after buying an additional 180 shares during the period. Mather Group LLC. boosted its position in shares of Exponent by 14.9% during the fourth quarter. Mather Group LLC. now owns 1,512 shares of the business services provider’s stock worth $135,000 after buying an additional 196 shares during the period. Finally, Westside Investment Management Inc. purchased a new position in Exponent in the third quarter valued at $26,000. 92.37% of the stock is currently owned by hedge funds and other institutional investors.

Exponent Trading Down 1.1 %

NASDAQ:EXPO opened at $84.52 on Monday. The firm has a market cap of $4.29 billion, a PE ratio of 39.87 and a beta of 0.71. The stock has a fifty day moving average price of $90.43 and a 200 day moving average price of $99.54. Exponent, Inc. has a 12-month low of $75.81 and a 12-month high of $115.75.

Exponent (NASDAQ:EXPO) last released its earnings results on Thursday, February 6th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 earnings per share. Equities analysts forecast that Exponent, Inc. will post 1.98 EPS for the current year.

Exponent Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued 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 dividend on an annualized basis and a yield of 1.42%. Exponent’s dividend payout ratio (DPR) is 52.83%.

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.