Pacer Advisors Inc. Grows Position in Exelon Corporation $EXC

Pacer Advisors Inc. lifted its position in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 9.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,806 shares of the company’s stock after purchasing an additional 17,101 shares during the quarter. Pacer Advisors Inc.’s holdings in Exelon were worth $8,492,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. ASR Vermogensbeheer N.V. increased its stake in shares of Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after purchasing an additional 60,250 shares in the last quarter. Nordea Investment Management AB raised its holdings in Exelon by 14.6% in the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after purchasing an additional 1,024,106 shares during the period. B. Metzler seel. Sohn & Co. AG boosted its position in Exelon by 26.9% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after purchasing an additional 45,723 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in Exelon by 19.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after purchasing an additional 93,682 shares in the last quarter. Finally, Prudential PLC grew its holdings in Exelon by 14.2% in the third quarter. Prudential PLC now owns 500,289 shares of the company’s stock valued at $22,518,000 after purchasing an additional 62,153 shares during the period. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $45.81 on Monday. Exelon Corporation has a 52-week low of $42.23 and a 52-week high of $50.65. The stock has a market cap of $46.87 billion, a P/E ratio of 16.78, a PEG ratio of 2.65 and a beta of 0.31. The business has a fifty day moving average of $45.88 and a two-hundred day moving average of $45.96. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXCGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping 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 quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Citigroup started coverage on Exelon in a research report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price objective for the company. Mizuho set a $48.00 target price on Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. Royal Bank Of Canada dropped their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Jefferies Financial Group lowered shares of Exelon from a “buy” rating to a “hold” rating and cut their price target for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Finally, Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Four equities research 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. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $50.27.

Read Our Latest Analysis on Exelon

About Exelon

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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