LSV Asset Management Reduces Position in Exelon Corporation $EXC

LSV Asset Management cut its position in Exelon Corporation (NASDAQ:EXC) by 9.5% during the fourth quarter, HoldingsChannel reports. The firm owned 157,000 shares of the company’s stock after selling 16,400 shares during the quarter. LSV Asset Management’s holdings in Exelon were worth $6,844,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Exelon by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock valued at $5,715,457,000 after purchasing an additional 595,555 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Exelon by 32.9% in the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after purchasing an additional 5,554,494 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Exelon by 2.2% in the 3rd quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock valued at $840,043,000 after purchasing an additional 393,917 shares during the last quarter. Invesco Ltd. increased its position in shares of Exelon by 5.6% in the 3rd quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock valued at $704,825,000 after purchasing an additional 833,171 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Exelon by 5.1% in the 3rd quarter. Northern Trust Corp now owns 14,030,184 shares of the company’s stock valued at $631,499,000 after purchasing an additional 681,371 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EXC has been the topic of a number of recent analyst reports. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and dropped their price objective for the company from $55.00 to $50.00 in a research report on Monday, April 20th. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $50.00 to $49.00 in a research report on Friday, April 17th. UBS Group increased their price objective 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. Morgan Stanley dropped their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Finally, KeyCorp dropped their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $50.33.

Exelon Trading Down 0.4%

NASDAQ EXC opened at $46.03 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The firm’s fifty day moving average price is $47.00 and its 200 day moving average price is $46.02. The company has a market capitalization of $47.10 billion, a price-to-earnings ratio of 16.86, a price-to-earnings-growth ratio of 2.68 and a beta of 0.32. Exelon Corporation has a 12 month low of $42.11 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

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

Exelon Company 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.