Lansforsakringar Fondforvaltning AB publ boosted its position in Exelon Corporation (NASDAQ:EXC – Free Report) by 14.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 375,678 shares of the company’s stock after buying an additional 48,316 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Exelon were worth $18,416,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently bought and sold shares of EXC. Optima Capital LLC acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new position in Exelon during the fourth quarter worth $25,000. Beacon Financial Strategies CORP bought a new position in Exelon in the fourth quarter valued at $26,000. Leonteq Securities AG bought a new position in Exelon in the fourth quarter valued at $26,000. Finally, Bell Investment Advisors Inc increased its stake in Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after buying an additional 287 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.
Analyst Upgrades and Downgrades
EXC has been the subject of a number of recent research reports. TD Cowen reduced their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Weiss Ratings raised Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $50.00 to $49.00 in a report on Friday, April 17th. BMO Capital Markets reissued a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Finally, Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Exelon has an average rating of “Hold” and a consensus target price of $50.27.
Exelon Stock Performance
EXC opened at $46.62 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. Exelon Corporation has a 12-month low of $42.47 and a 12-month high of $50.65. The business has a 50 day moving average of $45.69 and a 200-day moving average of $46.10. The stock has a market cap of $47.70 billion, a price-to-earnings ratio of 17.08, a PEG ratio of 2.73 and a beta of 0.31.
Exelon (NASDAQ:EXC – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.93 billion. During the same period in the previous year, the firm earned $0.92 EPS. The firm’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. On average, equities research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.
Exelon Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Thursday, June 4th. Exelon’s payout ratio is currently 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.
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