Exelon Corporation $EXC Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lowered its stake in Exelon Corporation (NASDAQ:EXCFree Report) by 43.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 27,471 shares of the company’s stock after selling 21,305 shares during the period. Securian Asset Management Inc.’s holdings in Exelon were worth $1,197,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Allianz Asset Management GmbH lifted its holdings in Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after buying an additional 2,841,118 shares during the last quarter. Maryland State Retirement & Pension System grew its position in shares of Exelon by 3.0% in the 3rd quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after acquiring an additional 28,443 shares in the last quarter. Nordea Investment Management AB increased its holdings in shares of Exelon by 14.6% in the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock valued at $352,397,000 after acquiring an additional 1,024,106 shares during the last quarter. First Citizens Bank & Trust Co. bought a new stake in shares of Exelon in the 3rd quarter valued at approximately $10,875,000. Finally, ASR Vermogensbeheer N.V. raised its position in shares of Exelon by 28.4% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after acquiring an additional 60,250 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

EXC opened at $44.98 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The firm has a market cap of $46.02 billion, a PE ratio of 16.48, a P/E/G ratio of 2.56 and a beta of 0.32. The business has a fifty day simple moving average of $47.85 and a 200-day simple moving average of $46.17. Exelon Corporation has a fifty-two week low of $41.71 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same period in the prior year, the business posted $0.92 earnings per share. Exelon’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, equities analysts predict that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently announced 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. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analysts Set New Price Targets

Several brokerages recently issued reports on EXC. Royal Bank Of Canada decreased their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Scotiabank increased their target price on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Citigroup initiated coverage on shares of Exelon in a research report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price target on the stock. Morgan Stanley decreased their price target 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. Finally, Mizuho set a $48.00 price objective 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 issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $50.47.

View Our Latest Analysis on EXC

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.

Recommended Stories

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXCFree Report).

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.