Exelon Corporation $EXC Shares Sold by Employees Retirement System of Texas

Employees Retirement System of Texas decreased its holdings in Exelon Corporation (NASDAQ:EXCFree Report) by 60.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,029 shares of the company’s stock after selling 98,230 shares during the quarter. Employees Retirement System of Texas’ holdings in Exelon were worth $2,835,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Optima Capital LLC acquired a new stake in Exelon in the 4th quarter worth approximately $25,000. LRI Investments LLC boosted 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 purchasing an additional 392 shares in the last quarter. Beacon Financial Strategies CORP acquired a new stake in Exelon in the 4th quarter worth approximately $26,000. Leonteq Securities AG acquired a new stake in Exelon in the 4th quarter worth approximately $26,000. Finally, Root Financial Partners LLC acquired a new stake in Exelon during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on EXC shares. TD Cowen lowered their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and decreased their price objective for the company from $55.00 to $50.00 in a research note on Monday, April 20th. UBS Group boosted their price objective on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. boosted their price objective on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $50.33.

Read Our Latest Report on EXC

Exelon Stock Up 0.3%

Exelon stock opened at $46.19 on Thursday. The stock has a market capitalization of $47.26 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 2.67 and a beta of 0.32. Exelon Corporation has a 12 month low of $42.11 and a 12 month high of $50.65. The business has a 50 day simple moving average of $46.91 and a 200-day simple moving average of $46.02. 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 (NASDAQ:EXCGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 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 analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 yield of 3.6%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s payout ratio is presently 61.54%.

Exelon Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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