Cookson Peirce & Co. Inc. bought a new position in shares of Expand Energy Corporation (NASDAQ:EXE – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 197,822 shares of the company’s stock, valued at approximately $21,832,000.
A number of other institutional investors also recently modified their holdings of the company. Siemens Fonds Invest GmbH raised its position in shares of Expand Energy by 6.8% during the third quarter. Siemens Fonds Invest GmbH now owns 1,383 shares of the company’s stock worth $147,000 after purchasing an additional 88 shares during the period. New Mexico Educational Retirement Board raised its position in shares of Expand Energy by 1.0% during the third quarter. New Mexico Educational Retirement Board now owns 9,800 shares of the company’s stock worth $1,041,000 after purchasing an additional 100 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of Expand Energy by 74.6% during the fourth quarter. Atlantic Union Bankshares Corp now owns 234 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the period. McGowan Group Asset Management Inc. raised its position in shares of Expand Energy by 0.4% during the fourth quarter. McGowan Group Asset Management Inc. now owns 24,073 shares of the company’s stock worth $2,657,000 after purchasing an additional 105 shares during the period. Finally, OneDigital Investment Advisors LLC raised its position in shares of Expand Energy by 5.2% during the third quarter. OneDigital Investment Advisors LLC now owns 2,184 shares of the company’s stock worth $232,000 after purchasing an additional 108 shares during the period. 97.93% of the stock is owned by institutional investors and hedge funds.
Expand Energy Stock Down 1.4%
Shares of NASDAQ:EXE opened at $92.07 on Friday. The company has a market capitalization of $22.03 billion, a PE ratio of 6.87 and a beta of 0.33. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 1.11. The business has a fifty day moving average price of $98.39 and a two-hundred day moving average price of $105.51. Expand Energy Corporation has a 1 year low of $90.79 and a 1 year high of $126.62.
Expand Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were paid a $0.575 dividend. This represents a $2.30 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Thursday, May 14th. Expand Energy’s dividend payout ratio is 17.15%.
Wall Street Analysts Forecast Growth
EXE has been the topic of a number of research reports. Wells Fargo & Company set a $123.00 target price on Expand Energy in a research report on Monday, February 23rd. UBS Group increased their price target on Expand Energy from $133.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Stephens increased their price target on Expand Energy from $145.00 to $146.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. William Blair lowered Expand Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, April 30th. Finally, TD Cowen raised Expand Energy to a “strong-buy” rating in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $131.45.
Get Our Latest Stock Report on Expand Energy
Insiders Place Their Bets
In other Expand Energy news, CEO Michael Wichterich acquired 1,000 shares of Expand Energy stock in a transaction on Thursday, June 4th. The stock was purchased at an average price of $93.36 per share, for a total transaction of $93,360.00. Following the purchase, the chief executive officer directly owned 84,498 shares of the company’s stock, valued at $7,888,733.28. This trade represents a 1.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Marcel Teunissen acquired 2,000 shares of Expand Energy stock in a transaction on Thursday, May 7th. The stock was acquired at an average price of $96.43 per share, with a total value of $192,860.00. Following the purchase, the chief financial officer directly owned 9,144 shares in the company, valued at approximately $881,755.92. This trade represents a 28.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.22% of the stock is owned by corporate insiders.
Expand Energy News Roundup
Here are the key news stories impacting Expand Energy this week:
- Positive Sentiment: CEO Michael Wichterich bought 1,000 shares at $93.36, a move that can signal confidence in Expand Energy’s outlook and management’s view of the stock’s value.
- Neutral Sentiment: KeyCorp raised its Q4 2027 earnings estimate for Expand Energy to $3.19 per share from $2.97, indicating improved longer-term expectations for that quarter.
- Neutral Sentiment: The company recently paid its quarterly dividend of $0.575 per share, supporting income-focused investors but not likely a major near-term stock driver.
- Negative Sentiment: KeyCorp lowered its FY2026 earnings estimate to $9.71 per share from $10.51, suggesting a softer near-term profit outlook.
- Negative Sentiment: The firm also cut its Q2 2026 EPS estimate to $1.38 from $1.61 and trimmed Q1 2027, Q2 2027, Q3 2027, Q4 2026, and FY2027 estimates, reflecting a broader downgrade to expected earnings momentum.
Expand Energy Profile
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
Read More
- Five stocks we like better than Expand Energy
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding EXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expand Energy Corporation (NASDAQ:EXE – Free Report).
Receive News & Ratings for Expand Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expand Energy and related companies with MarketBeat.com's FREE daily email newsletter.
