Exchange Traded Concepts LLC Decreases Position in Exelon Corporation $EXC

Exchange Traded Concepts LLC trimmed its position in shares of Exelon Corporation (NASDAQ:EXC) by 50.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,815 shares of the company’s stock after selling 26,896 shares during the period. Exchange Traded Concepts LLC’s holdings in Exelon were worth $1,169,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Lazard Asset Management LLC grew its stake in Exelon by 32.9% in the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after buying an additional 5,554,494 shares in the last quarter. ANTIPODES PARTNERS Ltd grew its holdings in shares of Exelon by 134,604.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after acquiring an additional 3,554,891 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of Exelon by 164.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 5,593,627 shares of the company’s stock worth $242,875,000 after acquiring an additional 3,476,942 shares during the period. Allianz Asset Management GmbH raised its position in shares of Exelon by 170.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after acquiring an additional 2,841,118 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Exelon by 4.0% in the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company’s stock valued at $2,782,260,000 after purchasing an additional 2,491,064 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 0.9%

EXC stock opened at $49.33 on Friday. The stock has a market capitalization of $50.47 billion, a P/E ratio of 18.07, a P/E/G ratio of 2.84 and a beta of 0.41. 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 Corporation has a 1-year low of $41.71 and a 1-year high of $50.65. The business has a fifty day moving average price of $47.40 and a 200-day moving average price of $45.90.

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

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a dividend yield of 3.4%. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Morgan Stanley reaffirmed an “underperform” rating and issued a $51.00 target price on shares of Exelon in a research report on Wednesday, January 21st. Royal Bank Of Canada initiated coverage on shares of Exelon in a research report on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 price target for the company. UBS Group upped their price target on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Scotiabank boosted their target price on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Exelon presently has an average rating of “Hold” and a consensus price target of $51.47.

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.