Heartland Advisors Inc. Sells 29,340 Shares of Exelon Corporation $EXC

Heartland Advisors Inc. decreased its position in Exelon Corporation (NASDAQ:EXC) by 6.8% during the fourth quarter, Holdings Channel reports. The fund owned 401,724 shares of the company’s stock after selling 29,340 shares during the period. Exelon comprises approximately 0.9% of Heartland Advisors Inc.’s investment portfolio, making the stock its 21st biggest position. Heartland Advisors Inc.’s holdings in Exelon were worth $17,511,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Optima Capital LLC bought a new position in shares of Exelon in the fourth quarter worth about $25,000. Beacon Financial Strategies CORP bought a new position in shares of Exelon in the fourth quarter worth about $26,000. Leonteq Securities AG bought a new position in shares of Exelon in the fourth quarter worth about $26,000. Hilton Head Capital Partners LLC bought a new position in shares of Exelon in the fourth quarter worth about $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Exelon by 289.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after buying an additional 578 shares during the period. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Royal Bank Of Canada decreased their price objective on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. KeyCorp decreased their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. UBS Group raised their price objective on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. raised their price objective on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. 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 company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $50.27.

Exelon Stock Up 0.6%

Shares of EXC opened at $45.61 on Thursday. The business’s 50 day moving average is $46.32 and its 200 day moving average is $45.98. The company has a market capitalization of $46.67 billion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 2.63 and a beta of 0.31. Exelon Corporation has a 12-month low of $42.18 and a 12-month high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion for 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 firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

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.