Swedbank AB Purchases 104,358 Shares of Exelon Corporation $EXC

Swedbank AB raised its position in Exelon Corporation (NASDAQ:EXC) by 3.5% in the 4th quarter, Holdings Channel reports. The firm owned 3,086,552 shares of the company’s stock after buying an additional 104,358 shares during the period. Swedbank AB’s holdings in Exelon were worth $134,543,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Plimoth Trust Co. LLC boosted its holdings in shares of Exelon by 1.8% in the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after buying an additional 230 shares during the period. Verdence Capital Advisors LLC boosted its holdings in shares of Exelon by 2.8% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after buying an additional 233 shares during the period. Waterloo Capital L.P. boosted its holdings in shares of Exelon by 2.7% in the third quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock valued at $408,000 after buying an additional 236 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Exelon by 2.2% in the third quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock valued at $498,000 after buying an additional 240 shares during the period. Finally, Seeds Investor LLC boosted its holdings in shares of Exelon by 2.6% in the fourth quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock valued at $416,000 after buying an additional 241 shares during the period. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on EXC. Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and reduced their price target for the company from $55.00 to $50.00 in a report on Monday, April 20th. TD Cowen reduced their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Royal Bank Of Canada reduced their target price 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. Citigroup assumed coverage on shares of Exelon in a report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price for the company. Finally, Weiss Ratings upgraded shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Exelon has an average rating of “Hold” and a consensus target price of $50.33.

Exelon Stock Performance

Shares of EXC stock opened at $46.23 on Friday. The stock has a market cap of $47.30 billion, a P/E ratio of 16.93, a P/E/G ratio of 2.68 and a beta of 0.32. The company has a fifty day moving average price of $47.14 and a two-hundred day moving average price of $46.02. Exelon Corporation has a one year low of $42.11 and a one year high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share 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 analyst estimates 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 in the prior year, the firm earned $0.92 earnings per share. 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 year.

Exelon Dividend Announcement

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