Strs Ohio Has $28.70 Million Position in Exelon Corporation $EXC

Strs Ohio lessened its position in Exelon Corporation (NASDAQ:EXC) by 12.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 637,570 shares of the company’s stock after selling 90,809 shares during the period. Strs Ohio owned about 0.06% of Exelon worth $28,697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EXC. Sowell Financial Services LLC grew its holdings in Exelon by 1.1% during the third quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock worth $923,000 after purchasing an additional 215 shares during the period. Manchester Capital Management LLC lifted its position in shares of Exelon by 11.6% in the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock valued at $94,000 after buying an additional 225 shares during the last quarter. Empirical Finance LLC boosted its stake in shares of Exelon by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock worth $1,512,000 after acquiring an additional 226 shares during the period. Boyd Watterson Asset Management LLC OH increased its holdings in shares of Exelon by 4.8% during the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock worth $218,000 after acquiring an additional 229 shares during the last quarter. Finally, Gateway Investment Advisers LLC raised its stake in Exelon by 5.0% in the 3rd quarter. Gateway Investment Advisers LLC now owns 4,965 shares of the company’s stock valued at $223,000 after acquiring an additional 236 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Stock Down 1.2%

Shares of EXC opened at $44.06 on Friday. The firm has a 50 day simple moving average of $44.37 and a two-hundred day simple moving average of $44.73. The company has a market cap of $44.51 billion, a P/E ratio of 15.79, a P/E/G ratio of 2.62 and a beta of 0.46. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a one year low of $38.85 and a one year high of $48.51.

Exelon (NASDAQ:EXC) last issued its earnings results on Tuesday, November 4th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.69 by $0.17. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Research analysts forecast that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio is 57.35%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group decreased their price objective on shares of Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Evercore ISI started coverage on shares of Exelon in a research note on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target on the stock. Royal Bank Of Canada initiated coverage on shares of Exelon in a report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price objective for the company. Barclays lowered their target price on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, TD Cowen started coverage on Exelon in a research note on Thursday, October 16th. They issued a “hold” rating and a $49.00 price target for the company. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $49.54.

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.