Lansforsakringar Fondforvaltning AB publ Purchases 48,316 Shares of Exelon Corporation $EXC

Lansforsakringar Fondforvaltning AB publ increased its position in shares of Exelon Corporation (NASDAQ:EXC) by 14.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 375,678 shares of the company’s stock after acquiring an additional 48,316 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Exelon were worth $18,416,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Bell Investment Advisors Inc grew its position in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. Motiv8 Investments LLC acquired a new position in Exelon in the fourth quarter valued at approximately $25,000. Optima Capital LLC bought a new position in Exelon in the fourth quarter valued at approximately $25,000. SHP Wealth Management bought a new position in Exelon in the fourth quarter valued at approximately $26,000. Finally, Beacon Financial Strategies CORP acquired a new stake in Exelon during the 4th quarter worth $26,000. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

EXC has been the topic of a number of analyst reports. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Citigroup initiated coverage on Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price objective for the company. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, Truist Financial lowered their price target on Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $50.27.

Exelon Stock Performance

EXC stock opened at $46.62 on Wednesday. Exelon Corporation has a 1-year low of $42.47 and a 1-year high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a market cap of $47.70 billion, a PE ratio of 17.08, a P/E/G ratio of 2.73 and a beta of 0.31. The business’s 50-day moving average price is $45.69 and its two-hundred day moving average price is $46.10.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $6.93 billion. During the same quarter 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. As a group, research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

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

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.