Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 100.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 774,076 shares of the company’s stock after acquiring an additional 387,450 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Exelon were worth $37,945,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EXC. Optima Capital LLC acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Exelon in the 4th quarter valued at $25,000. Beacon Financial Strategies CORP acquired a new position in shares of Exelon in the 4th quarter valued at $26,000. Leonteq Securities AG purchased a new stake in Exelon in the 4th quarter valued at $26,000. Finally, Bell Investment Advisors Inc raised its position in Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after purchasing an additional 287 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently weighed in on EXC shares. Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $50.00 to $49.00 in a research note on Friday, April 17th. Weiss Ratings raised shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Citigroup started coverage on shares of Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price for the company. TD Cowen decreased their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and lowered their price target for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $50.27.
Exelon Price Performance
Exelon stock opened at $47.88 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The business has a 50 day simple moving average of $45.72 and a 200-day simple moving average of $46.16. Exelon Corporation has a 12 month low of $42.47 and a 12 month high of $50.65. The stock has a market capitalization of $48.99 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31.
Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. Exelon’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.
Exelon Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.5%. Exelon’s payout ratio is presently 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.
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