Exelon Corporation $EXC Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its position in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 55.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,716 shares of the company’s stock after buying an additional 15,201 shares during the period. Sequoia Financial Advisors LLC’s holdings in Exelon were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allianz Asset Management GmbH increased its position in shares of Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after purchasing an additional 2,841,118 shares during the last quarter. Maryland State Retirement & Pension System increased its position in shares of Exelon by 3.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after purchasing an additional 28,443 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Exelon by 14.6% during the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after purchasing an additional 1,024,106 shares during the last quarter. First Citizens Bank & Trust Co. acquired a new stake in Exelon in the 3rd quarter valued at approximately $10,875,000. Finally, Advisors Asset Management Inc. increased its holdings in Exelon by 36.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 83,551 shares of the company’s stock valued at $3,761,000 after purchasing an additional 22,256 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. UBS Group lifted their target price on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 20th. BMO Capital Markets reiterated a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a report on Friday, April 17th. JPMorgan Chase & Co. lifted their target price on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Citigroup assumed coverage on shares of Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price for the company. Finally, Wolfe Research downgraded shares of Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Exelon presently has a consensus rating of “Hold” and an average price target of $50.47.

Check Out Our Latest Stock Report on Exelon

Exelon Stock Performance

NASDAQ EXC opened at $44.19 on Tuesday. The company has a market cap of $45.22 billion, a P/E ratio of 16.19, a P/E/G ratio of 2.54 and a beta of 0.32. 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 stock has a 50-day moving average of $47.94 and a two-hundred day moving average of $46.19. Exelon Corporation has a 1-year low of $41.71 and a 1-year high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last released its earnings results 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 during 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%.Exelon’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. Exelon’s payout ratio is 61.54%.

About Exelon

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXCFree Report).

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.