Sei Investments Co. Acquires 846,230 Shares of Exelon Corporation $EXC

Sei Investments Co. boosted its holdings in Exelon Corporation (NASDAQ:EXC) by 50.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,525,999 shares of the company’s stock after purchasing an additional 846,230 shares during the quarter. Sei Investments Co.’s holdings in Exelon were worth $123,825,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Lido Advisors LLC boosted its position in shares of Exelon by 18.4% in the 1st quarter. Lido Advisors LLC now owns 58,486 shares of the company’s stock worth $2,867,000 after purchasing an additional 9,070 shares in the last quarter. Measured Wealth Private Client Group LLC increased its position in Exelon by 1.7% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 28,440 shares of the company’s stock valued at $1,394,000 after buying an additional 479 shares in the last quarter. Arvest Bank Trust Division increased its position in Exelon by 3.5% during the 1st quarter. Arvest Bank Trust Division now owns 16,430 shares of the company’s stock valued at $805,000 after buying an additional 549 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in Exelon by 1.4% during the first quarter. First Citizens Bank & Trust Co. now owns 286,476 shares of the company’s stock valued at $14,043,000 after buying an additional 4,024 shares during the last quarter. Finally, Magellan Asset Management Ltd raised its stake in Exelon by 26.6% during the first quarter. Magellan Asset Management Ltd now owns 1,092,489 shares of the company’s stock valued at $53,554,000 after buying an additional 229,573 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

EXC stock opened at $47.28 on Friday. The stock has a market capitalization of $48.38 billion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The stock’s 50 day simple moving average is $46.08 and its 200 day simple moving average is $46.47.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same period last year, the business posted $0.92 EPS. The company’s 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, research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s payout ratio is currently 61.54%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. BMO Capital Markets reissued 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. Jefferies Financial Group downgraded 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. Wells Fargo & Company set a $50.00 price target on Exelon in a research report on Tuesday, April 21st. Citigroup initiated coverage on shares of Exelon in a research note on Thursday, March 26th. They issued a “buy” rating and a $58.00 price target on the stock. Finally, KeyCorp cut their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Four equities research 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. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target 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.