Expand Energy Corporation $EXE Shares Sold by ING Groep NV

ING Groep NV lessened its stake in shares of Expand Energy Corporation (NASDAQ:EXE) by 50.8% during the 3rd quarter, Holdings Channel reports. The firm owned 86,387 shares of the company’s stock after selling 89,308 shares during the quarter. ING Groep NV’s holdings in Expand Energy were worth $9,178,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Phoenix Financial Ltd. acquired a new stake in shares of Expand Energy during the third quarter worth $169,783,000. 59 North Capital Management LP purchased a new position in Expand Energy in the 2nd quarter worth $102,949,000. Pacer Advisors Inc. boosted its position in Expand Energy by 4,719.7% in the third quarter. Pacer Advisors Inc. now owns 821,571 shares of the company’s stock valued at $87,284,000 after buying an additional 804,525 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Expand Energy by 15.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 5,396,701 shares of the company’s stock valued at $631,090,000 after acquiring an additional 740,502 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Expand Energy by 2.1% in the second quarter. Vanguard Group Inc. now owns 27,266,977 shares of the company’s stock valued at $3,188,600,000 after purchasing an additional 559,887 shares during the period. Hedge funds and other institutional investors own 97.93% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on EXE. Barclays reduced their target price on Expand Energy from $136.00 to $126.00 and set an “overweight” rating for the company in a report on Wednesday, January 21st. Benchmark reissued a “buy” rating on shares of Expand Energy in a research note on Wednesday, January 14th. Wells Fargo & Company raised shares of Expand Energy to a “hold” rating in a research note on Thursday, October 16th. Jefferies Financial Group increased their price objective on shares of Expand Energy from $140.00 to $143.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Finally, Morgan Stanley boosted their price target on shares of Expand Energy from $135.00 to $136.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $130.29.

Expand Energy Stock Up 1.2%

EXE opened at $103.43 on Thursday. The business has a 50 day moving average price of $108.82 and a two-hundred day moving average price of $105.86. Expand Energy Corporation has a 52 week low of $91.01 and a 52 week high of $126.62. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.28. The company has a market cap of $24.63 billion, a PE ratio of 29.38 and a beta of 0.46.

Trending Headlines about Expand Energy

Here are the key news stories impacting Expand Energy this week:

• Positive Sentiment: TD Cowen upgraded EXE to a “strong‑buy,” providing buy‑side momentum and likely supporting the rally. TD Cowen Upgrade / Zacks
• Positive Sentiment: Zacks previews ahead of Q4 earnings show higher profit and revenue estimates and argue Expand Energy has the mix to beat consensus, citing efficiency gains that can offset gas‑price swings — a near‑term catalyst if the company delivers. Expand Energy to Report Q4 Earnings
• Neutral Sentiment: Reported short‑interest figures for February contain zeros and NaN values (no reliable change reported), so there’s no clear short‑squeeze signal or bearish read from the data at present.

About Expand Energy

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.