Ausbil Investment Management Ltd Sells 22,968 Shares of Exelon Corporation $EXC

Ausbil Investment Management Ltd lessened its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 16.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 113,269 shares of the company’s stock after selling 22,968 shares during the quarter. Exelon comprises 2.8% of Ausbil Investment Management Ltd’s holdings, making the stock its 13th largest holding. Ausbil Investment Management Ltd’s holdings in Exelon were worth $4,937,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in EXC. Sowell Financial Services LLC increased its position in Exelon by 1.1% during the 3rd quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock worth $923,000 after buying an additional 215 shares during the period. Manchester Capital Management LLC lifted its holdings in shares of Exelon by 11.6% during the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock worth $94,000 after buying an additional 225 shares in the last quarter. Gateway Investment Advisers LLC boosted its position in shares of Exelon by 5.0% in the third quarter. Gateway Investment Advisers LLC now owns 4,965 shares of the company’s stock valued at $223,000 after acquiring an additional 236 shares during the period. Waterloo Capital L.P. grew its stake in shares of Exelon by 2.7% in the third quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock valued at $408,000 after acquiring an additional 236 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in shares of Exelon by 2.2% in the third quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock valued at $498,000 after acquiring an additional 240 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

EXC stock opened at $48.40 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $50.65. The firm has a market cap of $49.52 billion, a P/E ratio of 17.73, a P/E/G ratio of 2.77 and a beta of 0.45. The company’s 50-day moving average price is $46.99 and its two-hundred day moving average price is $45.70.

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

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.42 per share. The ex-dividend date was Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 3.5%. Exelon’s dividend payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on EXC shares. Citigroup began coverage on shares of Exelon in a research note on Thursday. They issued a “buy” rating and a $58.00 price objective for the company. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. KeyCorp raised their target price on shares of Exelon from $39.00 to $44.00 and gave the stock an “underweight” rating in a report on Wednesday, March 4th. Barclays dropped their price target on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Finally, BMO Capital Markets increased their price target on Exelon from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $51.40.

Exelon 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.