OFI Invest Asset Management Has $754,000 Stock Position in Exelon Corporation $EXC

OFI Invest Asset Management reduced its position in Exelon Corporation (NASDAQ:EXC) by 98.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 17,975 shares of the company’s stock after selling 1,018,020 shares during the period. OFI Invest Asset Management’s holdings in Exelon were worth $754,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH lifted its stake in Exelon by 170.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after purchasing an additional 2,841,118 shares during the last quarter. ATLAS Infrastructure Partners UK Ltd. lifted its position in Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock worth $260,685,000 after acquiring an additional 208,242 shares during the last quarter. Maryland State Retirement & Pension System lifted its position in Exelon by 3.0% during the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after acquiring an additional 28,443 shares during the last quarter. First Citizens Bank & Trust Co. acquired a new stake in Exelon during the third quarter worth approximately $10,875,000. Finally, Nordea Investment Management AB lifted its position in Exelon by 14.6% during the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after acquiring an additional 1,024,106 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on EXC. BMO Capital Markets raised their price objective on shares of Exelon from $51.00 to $52.00 and gave the stock an “outperform” rating in a research report on Thursday, April 2nd. KeyCorp raised their price objective on shares of Exelon from $39.00 to $44.00 and gave the stock an “underweight” rating in a research report on Wednesday, March 4th. Barclays cut their price objective on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. UBS Group raised their price objective on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Citigroup began coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.47.

Exelon Stock Up 0.5%

Shares of EXC opened at $49.44 on Friday. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $50.65. The firm’s 50 day moving average is $47.86 and its 200-day moving average is $46.11. The stock has a market capitalization of $50.59 billion, a PE ratio of 18.11, a P/E/G ratio of 2.86 and a beta of 0.41. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last announced its earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the previous year, the firm earned $0.64 EPS. Exelon’s revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.42 per share. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd. Exelon’s payout ratio is 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.