Heartland Advisors Inc. Sells 29,340 Shares of Exelon Corporation $EXC

Heartland Advisors Inc. lowered its stake in Exelon Corporation (NASDAQ:EXC) by 6.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 401,724 shares of the company’s stock after selling 29,340 shares during the quarter. Exelon accounts for 0.9% of Heartland Advisors Inc.’s portfolio, making the stock its 21st biggest position. Heartland Advisors Inc.’s holdings in Exelon were worth $17,511,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ASR Vermogensbeheer N.V. raised its holdings in Exelon by 28.4% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after purchasing an additional 60,250 shares in the last quarter. Nordea Investment Management AB raised its holdings in Exelon by 14.6% in the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after purchasing an additional 1,024,106 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Exelon by 36.3% in the third quarter. Advisors Asset Management Inc. now owns 83,551 shares of the company’s stock worth $3,761,000 after purchasing an additional 22,256 shares in the last quarter. B. Metzler seel. Sohn & Co. AG raised its holdings in Exelon by 26.9% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after purchasing an additional 45,723 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in shares of Exelon by 19.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after acquiring an additional 93,682 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 0.6%

Exelon stock opened at $45.61 on Thursday. 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 Corporation has a one year low of $42.18 and a one year high of $50.65. The stock has a market capitalization of $46.67 billion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 2.63 and a beta of 0.31. The business’s fifty day moving average is $46.32 and its 200 day moving average is $45.98.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 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 for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period last year, the firm posted $0.92 earnings per share. Exelon’s revenue was up 7.9% compared to the same quarter last year. 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 year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be issued 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 yield of 3.7%. Exelon’s dividend payout ratio is currently 61.54%.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent research reports. Royal Bank Of Canada cut their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Jefferies Financial Group cut Exelon from a “buy” rating to a “hold” rating and cut their target price for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. Truist Financial cut their target price on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Morgan Stanley cut their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Finally, KeyCorp cut their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $50.27.

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.