Expand Energy Corporation $EXE Shares Acquired by Jennison Associates LLC

Jennison Associates LLC lifted its position in shares of Expand Energy Corporation (NASDAQ:EXE) by 82.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 892,935 shares of the company’s stock after purchasing an additional 402,618 shares during the quarter. Jennison Associates LLC’s holdings in Expand Energy were worth $98,544,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rakuten Securities Inc. grew its stake in shares of Expand Energy by 350.9% during the 4th quarter. Rakuten Securities Inc. now owns 248 shares of the company’s stock worth $27,000 after purchasing an additional 193 shares during the period. Abound Wealth Management grew its stake in shares of Expand Energy by 890.0% during the 4th quarter. Abound Wealth Management now owns 297 shares of the company’s stock worth $33,000 after purchasing an additional 267 shares during the period. ESL Trust Services LLC acquired a new stake in shares of Expand Energy during the 3rd quarter worth approximately $32,000. Assetmark Inc. grew its stake in shares of Expand Energy by 54.5% during the 4th quarter. Assetmark Inc. now owns 414 shares of the company’s stock worth $46,000 after purchasing an additional 146 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in shares of Expand Energy by 85.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 433 shares of the company’s stock worth $46,000 after purchasing an additional 199 shares during the period. Institutional investors and hedge funds own 97.93% of the company’s stock.

Key Stories Impacting Expand Energy

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

• Positive Sentiment: Q1 results beat expectations — EXE reported upside to consensus on both revenue and EPS (revenue of $4.40B and EPS $3.83), which investors view as a clear operational beat. MSN: Expand Energy reports strong Q1
• Positive Sentiment: Huge free cash flow and debt reduction — management said Q1 generated roughly $1.7B adjusted FCF, enabling ~ $1.3B of debt redemption and lowering annual interest expense by >$80M, improving financial flexibility. Seeking Alpha: Excellent Q1 free cash flow
• Positive Sentiment: Long-term LNG contract supports forward demand — coverage highlights a 20‑year LNG deal and related commercial wins that underpin the bull case for more stable long-term cash flows. Yahoo: The Bull Case For Expand Energy
• Positive Sentiment: Quarterly dividend declared — EXE announced a $0.575 per‑share quarterly dividend (annualized yield ~2.3%), signaling confidence in cash generation and returning capital to shareholders.
• Positive Sentiment: Analyst reaffirmation and higher price target — Truist (reported via Benzinga) reconfirmed a “buy” and nudged its target to $134, implying meaningful upside from current levels. Benzinga: Truist reiterates buy
• Positive Sentiment: Earnings call emphasized cash and LNG growth — management commentary reinforced the free‑cash‑flow focus and commercial LNG momentum, supporting the upbeat market reaction. TipRanks: Earnings call highlights
• Neutral Sentiment: Full transcripts and presentations are available for deeper review — read the Q1 earnings transcript and the investor presentation for line‑by‑line details if you need to model forward cash flows. Yahoo: Q1 2026 earnings transcript Seeking Alpha: Q1 presentation
• Neutral Sentiment: Commodity‑price sensitivity — some of Q1’s strength was aided by a temporary winter gas price spike; NYMEX strip expectations are lower for the rest of the year, which could temper but not eliminate projected FCF. Seeking Alpha: Winter storm impact

Expand Energy Trading Up 1.1%

Shares of NASDAQ:EXE opened at $102.15 on Friday. Expand Energy Corporation has a 1 year low of $91.01 and a 1 year high of $126.62. The firm has a market capitalization of $24.44 billion, a price-to-earnings ratio of 7.62 and a beta of 0.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 1.01. The business’s 50 day moving average price is $103.89 and its 200-day moving average price is $107.44.

Expand Energy (NASDAQ:EXE) last announced its earnings results on Tuesday, April 28th. The company reported $3.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.61 by $0.22. Expand Energy had a return on equity of 10.26% and a net margin of 22.53%.The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $3.53 billion. On average, equities research analysts forecast that Expand Energy Corporation will post 8.92 earnings per share for the current fiscal year.

Expand Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be given a dividend of $0.575 per share. The ex-dividend date is Thursday, May 14th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 2.3%. Expand Energy’s dividend payout ratio (DPR) is 17.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on EXE shares. UBS Group raised their price objective on shares of Expand Energy from $133.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings raised shares of Expand Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 19th. Benchmark raised their price objective on shares of Expand Energy from $112.00 to $124.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Jefferies Financial Group reiterated a “buy” rating and set a $141.00 target price on shares of Expand Energy in a research report on Thursday, February 19th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Expand Energy in a research report on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $132.09.

Insider Activity

In other Expand Energy news, CEO Michael Wichterich bought 2,000 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $107.50 per share, for a total transaction of $215,000.00. Following the transaction, the chief executive officer directly owned 83,498 shares of the company’s stock, valued at approximately $8,976,035. This represents a 2.45% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.19% of the stock is owned by company insiders.

Expand Energy Company 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.