Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 156,989 Shares of Exelon Corporation $EXC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 8.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,796,401 shares of the company’s stock after selling 156,989 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Exelon were worth $88,060,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Bell Investment Advisors Inc raised its stake in shares of Exelon by 113.4% during 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 period. Motiv8 Investments LLC bought a new position in Exelon in the 4th quarter worth about $25,000. Optima Capital LLC purchased a new position in Exelon during the 4th quarter valued at about $25,000. SHP Wealth Management purchased a new position in Exelon during the 4th quarter valued at about $26,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of Exelon in the fourth quarter valued at approximately $26,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC stock traded up $0.42 during midday trading on Friday, reaching $46.80. The company had a trading volume of 7,943,274 shares, compared to its average volume of 8,871,097. The firm has a 50-day moving average price of $45.77 and a 200-day moving average price of $46.27. The company has a market capitalization of $47.89 billion, a P/E ratio of 17.14, a P/E/G ratio of 2.71 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.47 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter last year, the company posted $0.92 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

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

Wall Street Analyst Weigh In

EXC has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Citigroup started coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price target for the company. Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and decreased their price target for the stock from $55.00 to $50.00 in a report on Monday, April 20th. TD Cowen lowered their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Finally, Truist Financial reduced their target price on Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Four investment 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 data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $50.27.

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.