Andra AP fonden Sells 554,510 Shares of Exelon Corporation $EXC

Andra AP fonden reduced its stake in shares of Exelon Corporation (NASDAQ:EXC) by 98.9% in the 1st quarter, Holdings Channel reports. The firm owned 6,090 shares of the company’s stock after selling 554,510 shares during the quarter. Andra AP fonden’s holdings in Exelon were worth $299,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Optima Capital LLC acquired a new position in shares of Exelon in the fourth quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new stake in Exelon during the 4th quarter worth about $25,000. Beacon Financial Strategies CORP acquired a new stake in Exelon during the 4th quarter worth about $26,000. Leonteq Securities AG bought a new position in shares of Exelon in the 4th quarter worth about $26,000. Finally, Bell Investment Advisors Inc grew its stake in Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares during the period. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on EXC shares. Mizuho set a $48.00 price objective on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and reduced their target price for the company from $55.00 to $50.00 in a research note on Monday, April 20th. Wells Fargo & Company set a $50.00 target price on Exelon in a research report on Tuesday, April 21st. Morgan Stanley dropped their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Finally, Royal Bank Of Canada cut their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Four 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. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $50.33.

Exelon Trading Up 1.2%

Shares of Exelon stock opened at $47.28 on Friday. The company has a market capitalization of $48.38 billion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31. The stock has a fifty day simple moving average of $46.08 and a 200 day simple moving average of $46.47. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.

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 the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period last year, the business earned $0.92 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

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

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.