Exelon Corporation $EXC Shares Sold by Quantitative Investment Management LLC

Quantitative Investment Management LLC reduced its position in Exelon Corporation (NASDAQ:EXC) by 43.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 43,008 shares of the company’s stock after selling 33,490 shares during the period. Quantitative Investment Management LLC’s holdings in Exelon were worth $1,935,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Exelon in the second quarter valued at $589,122,000. ANTIPODES PARTNERS Ltd lifted its position in Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after buying an additional 3,554,891 shares during the period. Canada Pension Plan Investment Board lifted its position in Exelon by 164.3% during the second quarter. Canada Pension Plan Investment Board now owns 5,593,627 shares of the company’s stock worth $242,875,000 after buying an additional 3,476,942 shares during the period. Allianz Asset Management GmbH boosted 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 worth $202,742,000 after buying an additional 2,841,118 shares during the last quarter. Finally, State Street Corp boosted its stake in Exelon by 4.0% in the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after buying an additional 2,491,064 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Up 1.3%

Shares of Exelon stock opened at $49.48 on Friday. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $49.88. The stock has a market cap of $50.61 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 2.84 and a beta of 0.45. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The company has a fifty day moving average price of $46.00 and a 200 day moving average price of $45.38.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the business earned $0.64 earnings per share. Exelon’s quarterly 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 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be paid a dividend of $0.42 per share. This is a positive change from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.68 annualized dividend and a yield of 3.4%. Exelon’s payout ratio is presently 61.54%.

Analyst Ratings Changes

A number of research analysts have recently commented on EXC shares. BMO Capital Markets upped their price objective on shares of Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Scotiabank raised their target price on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. KeyCorp boosted their target price on shares of Exelon from $39.00 to $44.00 and gave the company an “underweight” rating in a report on Wednesday, March 4th. Jefferies Financial Group dropped their price target on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. increased their price target on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $50.93.

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.