Ilmarinen Mutual Pension Insurance Co Trims Holdings in Exelon Corporation $EXC

Ilmarinen Mutual Pension Insurance Co reduced its position in Exelon Corporation (NASDAQ:EXC) by 25.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 163,000 shares of the company’s stock after selling 55,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Exelon were worth $7,105,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Lazard Asset Management LLC increased its stake in shares of Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after acquiring an additional 5,554,494 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in Exelon by 134,604.0% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after purchasing an additional 3,554,891 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in Exelon by 170.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after purchasing an additional 2,841,118 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in Exelon during the 4th quarter worth approximately $119,749,000. Finally, Man Group plc increased its position in Exelon by 99.4% during the 2nd quarter. Man Group plc now owns 3,034,725 shares of the company’s stock worth $131,768,000 after purchasing an additional 1,512,552 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on EXC shares. JPMorgan Chase & Co. raised their price target on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Truist Financial initiated coverage on Exelon in a report on Monday, April 20th. They set a “hold” rating and a $50.00 price objective on the stock. Jefferies Financial Group cut Exelon from a “buy” rating to a “hold” rating and cut their price objective for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Royal Bank Of Canada reduced their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Finally, Mizuho set a $48.00 price target on shares of Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Exelon currently has a consensus rating of “Hold” and a consensus price target of $50.33.

Exelon Stock Performance

Shares of EXC opened at $45.58 on Friday. The company has a 50-day simple moving average of $46.83 and a 200-day simple moving average of $46.02. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $46.64 billion, a PE ratio of 16.70, a P/E/G ratio of 2.68 and a beta of 0.32. Exelon Corporation has a 52-week low of $42.11 and a 52-week high of $50.65.

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

Exelon Announces Dividend

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

Exelon Company 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.