Brown Brothers Harriman & Co. Purchases Shares of 557 Exponent, Inc. (NASDAQ:EXPO)

Brown Brothers Harriman & Co. bought a new position in Exponent, Inc. (NASDAQ:EXPO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 557 shares of the business services provider’s stock, valued at approximately $50,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its stake in shares of Exponent by 4.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,531 shares of the business services provider’s stock valued at $226,000 after purchasing an additional 111 shares during the last quarter. Heritage Family Offices LLP raised its holdings in Exponent by 3.8% during the 4th quarter. Heritage Family Offices LLP now owns 3,123 shares of the business services provider’s stock valued at $278,000 after buying an additional 114 shares during the period. Arizona State Retirement System lifted its position in Exponent by 0.9% in the fourth quarter. Arizona State Retirement System now owns 14,723 shares of the business services provider’s stock worth $1,312,000 after buying an additional 133 shares during the last quarter. Private Trust Co. NA boosted its stake in Exponent by 129.8% during the fourth quarter. Private Trust Co. NA now owns 278 shares of the business services provider’s stock worth $25,000 after buying an additional 157 shares during the period. Finally, Pacer Advisors Inc. increased its position in Exponent by 2.4% during the fourth 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 last quarter. 92.37% of the stock is owned by institutional investors.

Exponent Trading Up 1.2 %

Shares of EXPO opened at $81.75 on Thursday. Exponent, Inc. has a twelve month low of $77.30 and a twelve month high of $115.75. The company’s fifty day simple moving average is $86.07 and its 200-day simple moving average is $95.17. The company has a market cap of $4.15 billion, a P/E ratio of 38.56 and a beta of 0.77.

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

Insider Transactions at Exponent

In other Exponent news, VP Richard Reiss sold 1,736 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $85.93, for a total value of $149,174.48. Following the transaction, the vice president now owns 1,800 shares of the company’s stock, valued at $154,674. This represents a 49.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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.