Exelon Corporation $EXC Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of Exelon Corporation (NASDAQ:EXC) by 63.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 539,108 shares of the company’s stock after selling 944,360 shares during the quarter. SG Americas Securities LLC owned approximately 0.05% of Exelon worth $26,427,000 as of its most recent filing with the Securities and Exchange Commission.

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

Exelon Stock Up 0.6%

NASDAQ:EXC opened at $46.90 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 stock’s fifty day moving average is $45.75 and its two-hundred day moving average is $46.01. Exelon Corporation has a 52 week low of $42.23 and a 52 week high of $50.65. The stock has a market capitalization of $47.99 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating 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 company’s revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date was 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 61.54%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Barclays cut Exelon from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $50.00 to $49.00 in a report on Friday, April 17th. Truist Financial reduced their target price on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. TD Cowen decreased their price target on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. BMO Capital Markets reiterated a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Finally, Citigroup started coverage on shares of Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price objective on the stock. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target 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.