APG Asset Management N.V. Reduces Holdings in Exelon Corporation $EXC

APG Asset Management N.V. trimmed its holdings in Exelon Corporation (NASDAQ:EXC) by 2.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 837,285 shares of the company’s stock after selling 17,141 shares during the period. APG Asset Management N.V. owned approximately 0.08% of Exelon worth $37,686,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXC. Sowell Financial Services LLC raised its position in Exelon by 1.1% in the third quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock valued at $923,000 after purchasing an additional 215 shares during the period. Manchester Capital Management LLC raised its holdings in shares of Exelon by 11.6% in the 2nd quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock valued at $94,000 after buying an additional 225 shares during the period. Empirical Finance LLC raised its holdings in shares of Exelon by 0.7% in the 2nd quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after buying an additional 226 shares during the period. Gateway Investment Advisers LLC lifted its stake in Exelon by 5.0% during the 3rd quarter. Gateway Investment Advisers LLC now owns 4,965 shares of the company’s stock worth $223,000 after acquiring an additional 236 shares in the last quarter. Finally, Waterloo Capital L.P. lifted its stake in Exelon by 2.7% during the 3rd quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock worth $408,000 after acquiring an additional 236 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on EXC. Wolfe Research downgraded shares of Exelon from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. UBS Group boosted their price target on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Mizuho boosted their target price on Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, Barclays cut their price target on Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $50.14.

Exelon Stock Performance

Shares of Exelon stock opened at $49.47 on Monday. The firm’s fifty day simple moving average is $45.02 and its 200-day simple moving average is $45.11. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $49.88. The stock has a market capitalization of $50.60 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 2.89 and a beta of 0.45. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84.

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

Exelon Increases Dividend

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