Sequoia Financial Advisors LLC Boosts Stock Position in Exelon Corporation $EXC

Sequoia Financial Advisors LLC lifted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 55.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,716 shares of the company’s stock after purchasing an additional 15,201 shares during the period. Sequoia Financial Advisors LLC’s holdings in Exelon were worth $1,862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of EXC. Lazard Asset Management LLC increased its stake in shares of Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after purchasing an additional 5,554,494 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its stake in shares of 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 purchasing an additional 3,554,891 shares in the last quarter. Allianz Asset Management GmbH increased its stake in shares of Exelon by 170.8% during the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after purchasing an additional 2,841,118 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Exelon during the fourth quarter worth about $119,749,000. Finally, Man Group plc increased its position in shares of Exelon by 99.4% during the second quarter. Man Group plc now owns 3,034,725 shares of the company’s stock worth $131,768,000 after purchasing an additional 1,512,552 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EXC. KeyCorp dropped their price target on Exelon from $44.00 to $43.00 and set an “underweight” rating for the company in a research report on Tuesday, April 21st. UBS Group boosted their price target on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. BMO Capital Markets reiterated a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. JPMorgan Chase & Co. boosted their price target on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Finally, Morgan Stanley dropped their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Exelon has an average rating of “Hold” and a consensus target price of $50.47.

Exelon Stock Up 0.6%

Shares of NASDAQ EXC opened at $44.19 on Tuesday. Exelon Corporation has a 12-month low of $41.71 and a 12-month high of $50.65. The stock has a market cap of $45.22 billion, a PE ratio of 16.19, a P/E/G ratio of 2.54 and a beta of 0.32. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The company has a 50-day moving average of $47.94 and a 200 day moving average of $46.19.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. During the same period in the prior year, the business earned $0.92 EPS. The firm’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. As a group, sell-side analysts predict that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. Exelon’s dividend payout ratio (DPR) is 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.