Heartland Advisors Inc. Increases Stake in Exelon Corporation $EXC

Heartland Advisors Inc. grew its stake in shares of Exelon Corporation (NASDAQ:EXC) by 43.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 431,064 shares of the company’s stock after buying an additional 129,738 shares during the period. Exelon accounts for approximately 1.0% of Heartland Advisors Inc.’s holdings, making the stock its 19th biggest holding. Heartland Advisors Inc.’s holdings in Exelon were worth $19,402,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH lifted its holdings in Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after buying an additional 2,841,118 shares during the last quarter. ATLAS Infrastructure Partners UK Ltd. boosted its holdings in shares of Exelon by 3.6% in the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock valued at $260,685,000 after buying an additional 208,242 shares during the period. Maryland State Retirement & Pension System grew its position in shares of Exelon by 3.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock valued at $44,441,000 after buying an additional 28,443 shares during the last quarter. First Citizens Bank & Trust Co. acquired a new stake in Exelon during the third quarter worth about $10,875,000. Finally, Exchange Traded Concepts LLC boosted its stake in Exelon by 92.9% in the third quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock valued at $2,418,000 after acquiring an additional 25,863 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

NASDAQ:EXC opened at $48.48 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm has a market cap of $49.59 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 2.84 and a beta of 0.45. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $48.72. The company has a 50-day moving average of $44.21 and a 200-day moving average of $44.90.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. The business had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.42 billion. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The company’s revenue was down 1.1% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.5%. This is an increase from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. Exelon’s payout ratio is 58.61%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EXC shares. UBS Group dropped their price target on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. KeyCorp set a $39.00 target price on Exelon in a research report on Friday, December 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Exelon in a report on Friday, October 31st. JPMorgan Chase & Co. lowered their price target on shares of Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday, December 12th. Finally, Scotiabank increased their price objective on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $49.93.

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.