AlphaQuest LLC Sells 60,921 Shares of Exelon Corporation $EXC

AlphaQuest LLC decreased its stake in shares of Exelon Corporation (NASDAQ:EXC) by 62.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,060 shares of the company’s stock after selling 60,921 shares during the period. AlphaQuest LLC’s holdings in Exelon were worth $1,615,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EXC. Lazard Asset Management LLC lifted its position in Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after purchasing an additional 5,554,494 shares during the period. ANTIPODES PARTNERS Ltd lifted its position in Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after purchasing an additional 3,554,891 shares during the period. Allianz Asset Management GmbH lifted its position in Exelon by 170.8% during the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after purchasing an additional 2,841,118 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in Exelon during the fourth quarter valued at approximately $119,749,000. Finally, Man Group plc lifted its position in Exelon by 99.4% during the second quarter. Man Group plc now owns 3,034,725 shares of the company’s stock valued at $131,768,000 after purchasing an additional 1,512,552 shares during the period. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXC. Scotiabank increased their price objective on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research report on Friday, February 13th. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $50.00 to $49.00 in a research report on Friday, April 17th. UBS Group increased their price objective on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and decreased their price target for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $50.33.

Exelon Stock Performance

Shares of EXC opened at $46.19 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The business has a 50-day simple moving average of $46.91 and a two-hundred day simple moving average of $46.02. The stock has a market cap of $47.26 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 2.67 and a beta of 0.32. Exelon Corporation has a 52 week low of $42.11 and a 52 week high of $50.65.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. Exelon’s dividend payout ratio is presently 61.54%.

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.