iA Global Asset Management Inc. Decreases Holdings in Exelon Corporation $EXC

iA Global Asset Management Inc. decreased its stake in Exelon Corporation (NASDAQ:EXC) by 39.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 122,791 shares of the company’s stock after selling 80,052 shares during the quarter. iA Global Asset Management Inc.’s holdings in Exelon were worth $6,019,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Optima Capital LLC purchased a new stake in Exelon during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new stake in shares of Exelon in the fourth quarter worth approximately $25,000. Beacon Financial Strategies CORP acquired a new stake in shares of Exelon in the fourth quarter worth approximately $26,000. Leonteq Securities AG purchased a new stake in shares of Exelon during the fourth quarter worth approximately $26,000. Finally, Bell Investment Advisors Inc increased its position in shares of 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 in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

NASDAQ EXC opened at $46.26 on Thursday. The stock’s fifty day moving average is $45.68 and its two-hundred day moving average is $46.13. The firm has a market capitalization of $47.33 billion, a P/E ratio of 16.95, a price-to-earnings-growth 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 Corporation has a fifty-two week low of $42.47 and a fifty-two week high of $50.65.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. 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 payout ratio is 61.54%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on EXC shares. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $50.00 to $49.00 in a report on Friday, April 17th. Morgan Stanley dropped their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. BMO Capital Markets reiterated a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. JPMorgan Chase & Co. raised their price target on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada lowered their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, April 20th. 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 company. Based on data from MarketBeat.com, Exelon currently has an average rating of “Hold” and a consensus target price 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.