Kayne Anderson Capital Advisors LP Decreases Stock Holdings in Exelon Corporation $EXC

Kayne Anderson Capital Advisors LP cut its stake in Exelon Corporation (NASDAQ:EXC) by 13.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,249 shares of the company’s stock after selling 26,775 shares during the period. Kayne Anderson Capital Advisors LP’s holdings in Exelon were worth $7,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Caxton Associates LLP acquired a new position in Exelon in the 1st quarter valued at about $286,000. Woodline Partners LP lifted its holdings in Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after acquiring an additional 24,580 shares during the last quarter. D.A. Davidson & CO. grew its position in Exelon by 1.1% in the second quarter. D.A. Davidson & CO. now owns 26,276 shares of the company’s stock worth $1,141,000 after acquiring an additional 293 shares during the period. Brighton Jones LLC increased its stake in Exelon by 14.2% during the second quarter. Brighton Jones LLC now owns 5,607 shares of the company’s stock worth $243,000 after acquiring an additional 697 shares during the last quarter. Finally, Resonant Capital Advisors LLC raised its position in Exelon by 9.5% in the second quarter. Resonant Capital Advisors LLC now owns 7,908 shares of the company’s stock valued at $343,000 after purchasing an additional 688 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Trading Up 0.8%

Shares of EXC stock opened at $48.59 on Wednesday. Exelon Corporation has a fifty-two week low of $41.71 and a fifty-two week high of $49.11. The company has a 50 day moving average price of $44.73 and a 200 day moving average price of $45.02. The stock has a market capitalization of $49.70 billion, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 2.81 and a beta of 0.45. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts predict that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.5%. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date is Monday, March 2nd. Exelon’s dividend payout ratio (DPR) is 58.61%.

Analysts Set New Price Targets

Several brokerages have recently commented on EXC. Morgan Stanley reaffirmed an “underperform” rating and issued a $51.00 price target on shares of Exelon in a research note on Wednesday, January 21st. Barclays reduced their price objective on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. BMO Capital Markets increased their target price on shares of Exelon from $49.00 to $51.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Wolfe Research cut shares of Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Exelon in a research note on Friday, October 31st. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $50.14.

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.