Andra AP fonden Sells 188,230 Shares of Exelon Corporation $EXC

Andra AP fonden lowered its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 25.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 560,600 shares of the company’s stock after selling 188,230 shares during the quarter. Andra AP fonden’s holdings in Exelon were worth $24,437,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. ASR Vermogensbeheer N.V. grew its position in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after purchasing an additional 60,250 shares during the last quarter. Nordea Investment Management AB grew its position in Exelon by 14.6% in 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. Advisors Asset Management Inc. grew its position in Exelon by 36.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 83,551 shares of the company’s stock worth $3,761,000 after purchasing an additional 22,256 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in Exelon by 26.9% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after purchasing an additional 45,723 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its position in Exelon by 19.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after purchasing an additional 93,682 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. TD Cowen decreased their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and decreased their price target for the company from $55.00 to $50.00 in a research note on Monday, April 20th. 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 note on Friday, April 17th. Finally, Mizuho set a $48.00 price target on shares of Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Exelon currently has a consensus rating of “Hold” and an average target price of $50.27.

Exelon Trading Down 0.2%

Shares of NASDAQ EXC opened at $45.51 on Friday. The stock has a market cap of $46.57 billion, a price-to-earnings ratio of 16.67, a P/E/G ratio of 2.64 and a beta of 0.31. Exelon Corporation has a twelve month low of $42.18 and a twelve month high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The company’s fifty day moving average is $46.25 and its 200-day moving average is $45.98.

Exelon (NASDAQ:EXC) last released its quarterly 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 analysts’ expectations of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio is 61.54%.

Exelon 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.