SageView Advisory Group LLC Purchases 28,759 Shares of Exelon Corporation $EXC

SageView Advisory Group LLC increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 257.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,941 shares of the company’s stock after purchasing an additional 28,759 shares during the quarter. SageView Advisory Group LLC’s holdings in Exelon were worth $1,798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EXC. Caxton Associates LLP bought a new position in Exelon in the first quarter worth about $286,000. Woodline Partners LP increased its stake in Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Savant Capital LLC raised its stake in Exelon by 24.5% in the second quarter. Savant Capital LLC now owns 47,681 shares of the company’s stock valued at $2,070,000 after buying an additional 9,374 shares during the period. Prospera Financial Services Inc increased its stake in Exelon by 49.5% in the second quarter. Prospera Financial Services Inc now owns 16,005 shares of the company’s stock valued at $695,000 after acquiring an additional 5,299 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in Exelon by 13.8% in the second quarter. Acadian Asset Management LLC now owns 382,601 shares of the company’s stock valued at $16,608,000 after buying an additional 46,267 shares during the period. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC opened at $48.84 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84. Exelon Corporation has a 1 year low of $41.71 and a 1 year high of $49.88. The firm has a market cap of $49.96 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 2.85 and a beta of 0.45. The stock’s 50 day simple moving average is $45.88 and its 200 day simple moving average is $45.35.

Exelon (NASDAQ:EXC) last released its quarterly 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%.During the same period in the prior year, the company posted $0.64 EPS. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts predict that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.42 per share. This is an increase from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Monday, March 2nd. Exelon’s dividend payout ratio (DPR) is 61.54%.

Wall Street Analyst Weigh In

Several research analysts recently commented on EXC shares. Scotiabank lifted their target price on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. KeyCorp raised their price target on shares of Exelon from $39.00 to $44.00 and gave the stock an “underweight” rating in a research note on Wednesday, March 4th. UBS Group lifted their price target on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Mizuho increased their price target on Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, BMO Capital Markets increased their target price on shares of Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $50.50.

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.