Capital Research Global Investors Buys 5,291,948 Shares of Expand Energy Corporation $EXE

Capital Research Global Investors boosted its stake in shares of Expand Energy Corporation (NASDAQ:EXE) by 33.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,251,283 shares of the company’s stock after acquiring an additional 5,291,948 shares during the quarter. Capital Research Global Investors owned approximately 0.09% of Expand Energy worth $2,345,303,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Capital International Sarl bought a new stake in Expand Energy during the 4th quarter worth about $845,000. Cookson Peirce & Co. Inc. bought a new stake in Expand Energy during the 4th quarter worth about $21,832,000. Pinebridge Investments LLC bought a new stake in Expand Energy during the 4th quarter worth about $726,000. WINTON GROUP Ltd bought a new stake in Expand Energy during the 4th quarter worth about $3,146,000. Finally, Parallel Advisors LLC grew its holdings in Expand Energy by 7.0% during the 4th quarter. Parallel Advisors LLC now owns 1,752 shares of the company’s stock worth $193,000 after acquiring an additional 115 shares during the last quarter. Institutional investors own 97.93% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on EXE. Benchmark increased their price objective on shares of Expand Energy from $112.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Truist Financial reaffirmed a “buy” rating and issued a $134.00 target price (up from $133.00) on shares of Expand Energy in a research note on Thursday, April 30th. Morgan Stanley reduced their target price on shares of Expand Energy from $141.00 to $139.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Barclays lowered shares of Expand Energy from an “overweight” rating to a “reduce” rating in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $141.00 target price on shares of Expand Energy in a research note on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Expand Energy presently has an average rating of “Moderate Buy” and an average price target of $131.45.

Insider Activity at Expand Energy

In related news, CFO Marcel Teunissen bought 2,000 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average cost of $96.43 per share, for a total transaction of $192,860.00. Following the acquisition, the chief financial officer owned 9,144 shares of the company’s stock, valued at approximately $881,755.92. This represents a 28.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael Wichterich bought 1,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were bought at an average price of $93.36 per share, for a total transaction of $93,360.00. Following the completion of the acquisition, the chief executive officer directly owned 84,498 shares in the company, valued at approximately $7,888,733.28. This trade represents a 1.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.22% of the company’s stock.

Trending Headlines about Expand Energy

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 Stock Performance

Shares of EXE stock opened at $92.07 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market capitalization of $22.03 billion, a P/E ratio of 6.87 and a beta of 0.33. The company’s 50 day moving average price is $98.39 and its two-hundred day moving average price is $105.51. Expand Energy Corporation has a 52 week low of $90.79 and a 52 week high of $126.62.

Expand Energy (NASDAQ:EXE) last announced its earnings results on Tuesday, April 28th. The company reported $3.83 EPS for the quarter, topping the consensus estimate of $3.61 by $0.22. The firm had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $3.53 billion. Expand Energy had a net margin of 22.53% and a return on equity of 10.26%. On average, analysts expect that Expand Energy Corporation will post 8.7 earnings per share for the current fiscal year.

Expand Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were issued a dividend of $0.575 per share. This represents a $2.30 annualized dividend and a yield of 2.5%. The ex-dividend date was Thursday, May 14th. Expand Energy’s dividend payout ratio (DPR) is 17.15%.

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.