Andra AP fonden Purchases 521,969 Shares of Exelon Corporation $EXC

Andra AP fonden increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 230.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 748,830 shares of the company’s stock after acquiring an additional 521,969 shares during the period. Andra AP fonden owned approximately 0.07% of Exelon worth $33,705,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Exelon by 0.4% in the third quarter. Vanguard Group Inc. now owns 130,522,986 shares of the company’s stock worth $5,874,840,000 after buying an additional 530,935 shares in the last quarter. State Street Corp raised its stake in shares of Exelon by 4.0% in the second quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after buying an additional 2,491,064 shares during the period. Geode Capital Management LLC lifted its holdings in Exelon by 3.4% during the second quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock valued at $1,209,229,000 after purchasing an additional 931,897 shares in the last quarter. Invesco Ltd. increased its stake in Exelon by 7.4% in the 2nd quarter. Invesco Ltd. now owns 14,826,137 shares of the company’s stock worth $643,751,000 after buying an additional 1,023,874 shares in the last quarter. Finally, Norges Bank bought a new stake in Exelon during the 2nd quarter valued at approximately $589,122,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on EXC shares. Mizuho boosted their target price on shares of Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Barclays lowered their target price on Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. JPMorgan Chase & Co. dropped their target price on Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Exelon in a research note on Friday, October 31st. Finally, Morgan Stanley reiterated an “underperform” rating and set a $51.00 price objective on shares of Exelon in a report on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $50.14.

Exelon Trading Up 0.2%

NASDAQ:EXC opened at $48.80 on Friday. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $49.11. The company has a market capitalization of $49.92 billion, a P/E ratio of 17.88, a PEG ratio of 2.84 and a beta of 0.45. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm has a fifty day simple moving average of $44.91 and a 200-day simple moving average of $45.07.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same period last year, the company earned $0.64 EPS. The company’s revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts anticipate that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. Exelon’s payout ratio is currently 58.61%.

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.