Exelon Corporation $EXC Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd reduced its holdings in Exelon Corporation (NASDAQ:EXC) by 4.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 338,020 shares of the company’s stock after selling 15,173 shares during the quarter. IFM Investors Pty Ltd’s holdings in Exelon were worth $16,570,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EXC. Bell Investment Advisors Inc grew its stake in shares of Exelon by 113.4% in 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 in the last quarter. Motiv8 Investments LLC acquired a new stake in Exelon in the fourth quarter worth about $25,000. Optima Capital LLC acquired a new stake in Exelon in the fourth quarter worth about $25,000. SHP Wealth Management bought a new position in Exelon in the 4th quarter valued at about $26,000. Finally, Beacon Financial Strategies CORP bought a new position in Exelon in the 4th quarter valued at about $26,000. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

NASDAQ EXC opened at $46.26 on Thursday. Exelon Corporation has a 1 year low of $42.47 and a 1 year high of $50.65. The business’s fifty day moving average is $45.68 and its two-hundred day moving average is $46.13. The stock has a market capitalization of $47.33 billion, a P/E ratio of 16.95, a P/E/G ratio of 2.70 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 (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. The business 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%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were paid a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Wells Fargo & Company set a $50.00 price target on shares of Exelon in a research note on Tuesday, April 21st. TD Cowen lowered their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. KeyCorp dropped their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Morgan Stanley decreased their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Finally, Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $50.27.

Exelon 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.