AMF Tjanstepension AB Grows Position in Exelon Corporation $EXC

AMF Tjanstepension AB grew its holdings in Exelon Corporation (NASDAQ:EXC) by 2.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 742,992 shares of the company’s stock after buying an additional 19,640 shares during the quarter. AMF Tjanstepension AB’s holdings in Exelon were worth $36,421,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Resonant Capital Advisors LLC grew its stake in Exelon by 2.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after buying an additional 217 shares in the last quarter. PFG Investments LLC boosted its holdings in shares of Exelon by 1.6% in the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after acquiring an additional 218 shares during the period. Texas Bank & Trust Co boosted its holdings in shares of Exelon by 1.5% in the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock worth $755,000 after acquiring an additional 229 shares during the period. Plimoth Trust Co. LLC boosted its holdings in shares of Exelon by 1.8% in the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after acquiring an additional 230 shares during the period. Finally, Westfuller Advisors LLC grew its position in shares of Exelon by 12.5% in the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after purchasing an additional 232 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC opened at $46.80 on Monday. The stock has a market cap of $47.89 billion, a PE ratio of 17.14, a P/E/G ratio of 2.71 and a beta of 0.31. 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 Corporation has a 52 week low of $42.47 and a 52 week high of $50.65. The business’s fifty day simple moving average is $45.77 and its 200 day simple moving average is $46.29.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same period in the previous year, the business posted $0.92 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal 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 annualized dividend and a yield of 3.6%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analyst Weigh In

EXC has been the subject of several analyst reports. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and cut their target price for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. TD Cowen cut their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $50.00 to $49.00 in a research report on Friday, April 17th. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a report on Tuesday, April 21st. Finally, KeyCorp lowered their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.27.

Exelon Company 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.