Fjarde AP Fonden Fourth Swedish National Pension Fund Decreases Stock Holdings in Exelon Corporation $EXC

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in shares of Exelon Corporation (NASDAQ:EXC) by 16.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 386,626 shares of the company’s stock after selling 75,542 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Exelon were worth $16,853,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in EXC. Optima Capital LLC purchased a new stake in Exelon in the fourth quarter valued at about $25,000. Beacon Financial Strategies CORP acquired a new position in shares of Exelon in the fourth quarter valued at about $26,000. Leonteq Securities AG acquired a new position in shares of Exelon in the fourth quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Exelon by 289.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after acquiring an additional 578 shares during the period. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in Exelon by 861.2% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock worth $36,000 after acquiring an additional 732 shares during the period. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EXC has been the topic of several analyst reports. Morgan Stanley dropped their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Truist Financial decreased 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. Barclays cut Exelon from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $50.00 to $49.00 in a report on Friday, April 17th. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Finally, Wells Fargo & Company set a $50.00 target price on Exelon in a research note on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $50.27.

Exelon Trading Up 2.5%

NASDAQ:EXC opened at $45.75 on Friday. The firm has a market cap of $46.81 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The stock has a fifty day moving average price of $46.52 and a 200 day moving average price of $46.00. Exelon Corporation has a 12-month low of $42.11 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 released its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion during 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%.Exelon’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s payout ratio is presently 61.54%.

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.