Exelon Corporation $EXC Shares Purchased by Andra AP fonden

Andra AP fonden grew its stake in Exelon Corporation (NASDAQ:EXC) by 230.1% in the third quarter, Holdings Channel.com reports. The firm owned 748,830 shares of the company’s stock after acquiring an additional 521,969 shares during the quarter. Andra AP fonden’s holdings in Exelon were worth $33,705,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LRI Investments LLC increased its position in shares of Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after acquiring an additional 392 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Exelon during the second quarter worth $29,000. Root Financial Partners LLC acquired a new position in Exelon in the third quarter valued at approximately $30,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Exelon during the 3rd quarter worth $32,000. Finally, Motco lifted its holdings in shares of Exelon by 1,008.7% in the 3rd quarter. Motco now owns 765 shares of the company’s stock valued at $34,000 after purchasing an additional 696 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of EXC opened at $48.80 on Friday. Exelon Corporation has a 12-month low of $41.71 and a 12-month high of $49.11. The firm’s 50 day moving average is $44.91 and its 200-day moving average is $45.07. The stock has a market capitalization of $49.92 billion, a P/E ratio of 17.88, a P/E/G ratio of 2.84 and a beta of 0.45. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The firm’s revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts anticipate that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. Exelon’s payout ratio is presently 58.61%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on EXC shares. Weiss Ratings reissued a “buy (b)” rating on shares of Exelon in a report on Friday, October 31st. Barclays reduced their price target on Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Wolfe Research cut shares of Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Jefferies Financial Group dropped their target price on Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Finally, KeyCorp set a $39.00 price objective on Exelon in a research note on Friday, December 12th. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Exelon presently has a consensus rating of “Hold” and an average price target of $50.14.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.