Exelon Corporation $EXC Shares Acquired by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG lifted its stake in Exelon Corporation (NASDAQ:EXC) by 77.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,393,792 shares of the company’s stock after acquiring an additional 607,094 shares during the period. Exelon accounts for approximately 1.2% of J. Safra Sarasin Holding AG’s portfolio, making the stock its 22nd biggest position. J. Safra Sarasin Holding AG’s holdings in Exelon were worth $68,324,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Optima Capital LLC purchased a new position in shares of Exelon during the fourth quarter worth about $25,000. Motiv8 Investments LLC acquired a new stake in shares of Exelon in the 4th quarter valued at about $25,000. Beacon Financial Strategies CORP purchased a new position in Exelon during the 4th quarter worth approximately $26,000. Leonteq Securities AG acquired a new position in Exelon during the fourth quarter worth approximately $26,000. Finally, Bell Investment Advisors Inc lifted its stake in Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after buying an additional 287 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Exelon stock opened at $46.80 on Monday. The stock’s 50 day moving average price is $45.77 and its 200 day moving average price is $46.29. Exelon Corporation has a 1-year low of $42.47 and a 1-year high of $50.65. The company has a market cap of $47.89 billion, a PE ratio of 17.14, a price-to-earnings-growth ratio of 2.71 and a beta of 0.31. 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 released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. Exelon’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts predict that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were paid a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EXC. BMO Capital Markets restated a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Citigroup initiated coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price objective on the stock. Morgan Stanley dropped their price objective on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research note on Tuesday, April 21st. Finally, Truist Financial lowered their price target on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $50.27.

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.