Expand Energy Corporation $EXE Shares Bought by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC grew its position in Expand Energy Corporation (NASDAQ:EXE) by 50.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,828 shares of the company’s stock after purchasing an additional 5,670 shares during the quarter. Quattro Financial Advisors LLC’s holdings in Expand Energy were worth $1,415,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Eastern Bank bought a new position in Expand Energy in the 2nd quarter worth $27,000. SJS Investment Consulting Inc. lifted its position in Expand Energy by 379.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 259 shares of the company’s stock worth $28,000 after acquiring an additional 205 shares during the last quarter. Ascentis Independent Advisors acquired a new position in Expand Energy during the 1st quarter worth $32,000. N.E.W. Advisory Services LLC bought a new stake in Expand Energy during the second quarter valued at about $32,000. Finally, Harbor Investment Advisory LLC bought a new stake in Expand Energy during the second quarter valued at about $33,000. 97.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EXE. Stifel Nicolaus began coverage on Expand Energy in a research report on Wednesday, September 9th. They issued a “buy” rating and a $135.00 price target on the stock. Scotiabank began coverage on Expand Energy in a research report on Wednesday. They set an “outperform” rating and a $111.00 price objective for the company. Sanford C. Bernstein cut their price objective on Expand Energy from $160.00 to $127.00 and set an “outperform” rating for the company in a research report on Monday, October 5th. Morgan Stanley decreased their target price on Expand Energy from $129.00 to $124.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Johnson Rice downgraded Expand Energy from a “buy” rating to an “accumulate” rating and decreased their target price for the company from $135.00 to $125.00 in a research note on Monday, August 17th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $122.89.

Expand Energy Trading Down 0.3%

Shares of EXE stock opened at $90.80 on Friday. Expand Energy Corporation has a 1 year low of $83.25 and a 1 year high of $126.62. The firm’s fifty day simple moving average is $92.64 and its 200 day simple moving average is $93.42. The firm has a market capitalization of $21.02 billion, a P/E ratio of 11.21 and a beta of 0.41. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.19.

Expand Energy (NASDAQ:EXE) last released its earnings results on Tuesday, July 28th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.13 by $0.20. Expand Energy had a net margin of 20.46% and a return on equity of 10.33%. The firm had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.05 billion. As a group, sell-side analysts predict that Expand Energy Corporation will post 8.59 EPS for the current year.

Expand Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th were issued a dividend of $0.5750 per share. The ex-dividend date was Thursday, August 13th. This represents a $2.30 annualized dividend and a dividend yield of 2.5%. Expand Energy’s payout ratio is presently 19.86%.

About Expand Energy

Expand Energy Corporation is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids in the United States. The company’s operations are focused primarily on unconventional, or shale, formations, and its products are sold to customers in domestic energy and industrial markets.

Expand Energy was created through the combination of Chesapeake Energy Corporation and Southwestern Energy Company, a transaction completed in October 2024.