Exelon Corporation $EXC Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. decreased its position in Exelon Corporation (NASDAQ:EXCFree Report) by 43.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,471 shares of the company’s stock after selling 21,305 shares during the quarter. Securian Asset Management Inc.’s holdings in Exelon were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Optima Capital LLC acquired a new position in shares of Exelon in the fourth quarter valued at approximately $25,000. LRI Investments LLC grew its stake in Exelon by 210.8% in the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after acquiring an additional 392 shares during the period. Beacon Financial Strategies CORP acquired a new position in Exelon in the 4th quarter valued at $26,000. Root Financial Partners LLC purchased a new position in shares of Exelon during the 3rd quarter worth $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Exelon by 289.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after purchasing an additional 578 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Price Performance

Shares of EXC stock opened at $44.98 on Wednesday. The firm has a fifty day simple moving average of $47.85 and a 200-day simple moving average of $46.17. The company has a market capitalization of $46.02 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 2.56 and a beta of 0.32. Exelon Corporation has a twelve month low of $41.71 and a twelve month 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.

Exelon (NASDAQ:EXCGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter in the previous year, the firm posted $0.92 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. Exelon’s payout ratio is 61.54%.

Analysts Set New Price Targets

Several research firms recently weighed in on EXC. BMO Capital Markets reiterated a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. KeyCorp dropped their price target on shares of Exelon from $44.00 to $43.00 and set an “underweight” rating for the company in a research report on Tuesday, April 21st. Citigroup assumed coverage on shares of Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their target price on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $50.47.

Get Our Latest Report on EXC

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.

Recommended Stories

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.