Exelon Corporation $EXC Shares Sold by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co lessened its position in shares of Exelon Corporation (NASDAQ:EXC) by 25.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 163,000 shares of the company’s stock after selling 55,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Exelon were worth $7,105,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Plimoth Trust Co. LLC raised its stake in shares of Exelon by 1.8% during the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after buying an additional 230 shares during the last quarter. Verdence Capital Advisors LLC increased its position in Exelon by 2.8% during the 4th quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock worth $376,000 after purchasing an additional 233 shares in the last quarter. Waterloo Capital L.P. raised its stake in Exelon by 2.7% in the 3rd quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock valued at $408,000 after purchasing an additional 236 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in Exelon by 2.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock valued at $498,000 after purchasing an additional 240 shares during the last quarter. Finally, Seeds Investor LLC raised its stake in Exelon by 2.6% in the 4th quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock valued at $416,000 after purchasing an additional 241 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Trading Down 1.3%

NASDAQ EXC opened at $45.58 on Friday. Exelon Corporation has a 12 month low of $42.11 and a 12 month high of $50.65. The company has a 50-day moving average of $46.83 and a 200-day moving average of $46.02. 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 company has a market cap of $46.64 billion, a P/E ratio of 16.70, a P/E/G ratio of 2.68 and a beta of 0.32.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter in the prior year, the company posted $0.92 EPS. The company’s quarterly 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. As a group, equities analysts predict 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 will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on EXC shares. TD Cowen cut their target price 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. Scotiabank boosted their target price on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research note on Friday, February 13th. Morgan Stanley cut their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and cut their target price for the company from $55.00 to $50.00 in a research note on Monday, April 20th. Finally, Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $50.33.

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.