BI Asset Management Fondsmaeglerselskab A S Boosts Stock Position in Exelon Corporation $EXC

BI Asset Management Fondsmaeglerselskab A S raised its position in Exelon Corporation (NASDAQ:EXC) by 118.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 147,715 shares of the company’s stock after buying an additional 79,965 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Exelon were worth $6,439,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Optima Capital LLC acquired a new position in Exelon in the fourth quarter valued at $25,000. Beacon Financial Strategies CORP purchased a new position in shares of Exelon during the 4th quarter worth about $26,000. Leonteq Securities AG acquired a new stake in shares of Exelon in the fourth quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Exelon by 289.0% in 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 last quarter. Finally, Jackson Grant Investment Advisers Inc. grew its holdings in Exelon by 861.2% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock valued at $36,000 after purchasing an additional 732 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

EXC has been the topic of a number of recent analyst reports. Morgan Stanley cut their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Citigroup began coverage on Exelon in a research report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price on the stock. Weiss Ratings raised Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, UBS Group upped their price target on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $50.27.

Exelon Price Performance

EXC stock opened at $45.75 on Monday. The stock has a 50-day simple moving average of $46.52 and a 200-day simple moving average of $45.99. The firm has a market cap of $46.81 billion, a P/E ratio of 16.76, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a 1 year low of $42.11 and a 1 year high of $50.65.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data 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. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. During the same quarter last year, the firm posted $0.92 earnings per share. 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. On average, equities analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

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