Exelon Corporation $EXC Position Trimmed by Andra AP fonden

Andra AP fonden trimmed its holdings in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 25.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 560,600 shares of the company’s stock after selling 188,230 shares during the period. Andra AP fonden owned about 0.06% of Exelon worth $24,437,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in EXC. Caxton Associates LLP bought a new stake in Exelon during the first quarter worth approximately $286,000. Woodline Partners LP boosted its holdings in Exelon by 40.7% during the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares in the last quarter. Jump Financial LLC bought a new stake in Exelon during the second quarter worth approximately $2,448,000. Gamco Investors INC. ET AL purchased a new stake in shares of Exelon in the 2nd quarter valued at approximately $645,000. Finally, Treasurer of the State of North Carolina lifted its position in shares of Exelon by 3.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after acquiring an additional 14,240 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EXC shares. BMO Capital Markets restated a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Wells Fargo & Company set a $50.00 price target on shares of Exelon in a research report on Tuesday, April 21st. Morgan Stanley reduced their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. UBS Group upped their price target on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Mizuho set a $48.00 price target on shares of Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $50.27.

View Our Latest Stock Analysis on EXC

Exelon Stock Down 0.2%

Shares of NASDAQ:EXC opened at $45.51 on Friday. Exelon Corporation has a 52 week low of $42.18 and a 52 week high of $50.65. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. The company has a market cap of $46.57 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 2.64 and a beta of 0.31. The firm has a 50 day simple moving average of $46.25 and a 200 day simple moving average of $45.98.

Exelon (NASDAQ:EXCGet Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) 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 company had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. 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 year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given 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 dividend payout ratio is presently 61.54%.

Exelon Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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