Exelon Corporation $EXC Shares Bought by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Exelon Corporation (NASDAQ:EXC) by 55.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 229,252 shares of the company’s stock after buying an additional 81,537 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Exelon were worth $11,238,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Optima Capital LLC acquired a new position in Exelon in the 4th quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in Exelon in the fourth quarter valued at $25,000. Beacon Financial Strategies CORP purchased a new position in Exelon during the fourth quarter worth about $26,000. Leonteq Securities AG purchased a new position in Exelon during the fourth quarter worth about $26,000. Finally, SHP Wealth Management acquired a new stake in Exelon in the 4th quarter worth about $26,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

Exelon stock opened at $45.81 on Monday. The stock’s 50-day moving average is $45.88 and its 200-day moving average is $45.96. The company has a market cap of $46.87 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a 12 month low of $42.23 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s payout ratio is 61.54%.

Analysts Set New Price Targets

Several analysts have commented on EXC shares. TD Cowen lowered their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. BMO Capital Markets reissued a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Mizuho set a $48.00 target price on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $50.00 to $49.00 in a report on Friday, April 17th. Finally, Citigroup initiated coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price target for the company. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.27.

About Exelon

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.