29,900 Shares in Exelon Corporation $EXC Bought by Pensionfund Sabic

Pensionfund Sabic acquired a new stake in Exelon Corporation (NASDAQ:EXCFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,900 shares of the company’s stock, valued at approximately $1,303,000.

A number of other large investors have also modified their holdings of the company. LRI Investments LLC grew its position in shares of Exelon by 210.8% during the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after acquiring an additional 392 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Exelon in the 2nd quarter worth about $29,000. Root Financial Partners LLC acquired a new position in Exelon in the 3rd quarter worth about $30,000. Steigerwald Gordon & Koch Inc. purchased a new position in Exelon during the third quarter worth approximately $32,000. Finally, Motco grew its holdings in Exelon by 1,008.7% in the third quarter. Motco now owns 765 shares of the company’s stock valued at $34,000 after purchasing an additional 696 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXC. Barclays cut their price objective on Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Morgan Stanley reissued an “underperform” rating and issued a $51.00 price target on shares of Exelon in a research note on Wednesday, January 21st. JPMorgan Chase & Co. boosted their price target on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Royal Bank Of Canada initiated coverage on shares of Exelon in a research report on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 price objective for the company. Finally, Jefferies Financial Group decreased their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Exelon presently has an average rating of “Hold” and a consensus price target of $50.93.

Check Out Our Latest Report on Exelon

Exelon Stock Performance

NASDAQ EXC opened at $47.29 on Wednesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. The stock’s fifty day moving average is $46.82 and its two-hundred day moving average is $45.67. The firm has a market capitalization of $48.39 billion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 2.74 and a beta of 0.45. Exelon Corporation has a fifty-two week low of $41.71 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last issued its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts anticipate that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, March 2nd. Exelon’s payout ratio is presently 61.54%.

About Exelon

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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