Heartland Advisors Inc. Has $19.40 Million Holdings in Exelon Corporation $EXC

Heartland Advisors Inc. raised its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 43.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 431,064 shares of the company’s stock after acquiring an additional 129,738 shares during the quarter. Exelon makes up 1.0% of Heartland Advisors Inc.’s investment portfolio, making the stock its 19th largest holding. Heartland Advisors Inc.’s holdings in Exelon were worth $19,402,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Caxton Associates LLP acquired a new position in Exelon in the 1st quarter valued at approximately $286,000. Woodline Partners LP boosted its stake in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after buying an additional 24,580 shares during the period. Chicago Partners Investment Group LLC grew its holdings in shares of Exelon by 1.7% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 22,681 shares of the company’s stock valued at $986,000 after acquiring an additional 387 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Exelon by 0.4% in the second quarter. DekaBank Deutsche Girozentrale now owns 272,620 shares of the company’s stock worth $11,662,000 after acquiring an additional 1,049 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Exelon by 75.0% in the second quarter. Cullen Frost Bankers Inc. now owns 1,216 shares of the company’s stock worth $53,000 after acquiring an additional 521 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EXC has been the topic of a number of recent research reports. UBS Group lowered their target price on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Jefferies Financial Group lowered their price target on Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. JPMorgan Chase & Co. cut their price objective on shares of Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. KeyCorp set a $39.00 target price on shares of Exelon in a research report on Friday, December 12th. Finally, Morgan Stanley reiterated an “underperform” rating and issued a $51.00 price objective on shares of Exelon in a report on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $49.93.

Exelon Stock Up 2.0%

Shares of NASDAQ EXC opened at $48.48 on Tuesday. Exelon Corporation has a 52-week low of $41.71 and a 52-week high of $48.72. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. The business has a fifty day moving average of $44.21 and a two-hundred day moving average of $44.90. The stock has a market cap of $49.59 billion, a PE ratio of 17.76, a PEG ratio of 2.84 and a beta of 0.45.

Exelon (NASDAQ:EXC) last announced 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. The business had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.42 billion. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts expect that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

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

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.