Avanza Fonder AB Has $5.31 Million Stock Holdings in Exelon Corporation $EXC

Avanza Fonder AB lifted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 16.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,705 shares of the company’s stock after acquiring an additional 16,978 shares during the quarter. Avanza Fonder AB’s holdings in Exelon were worth $5,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Allianz Asset Management GmbH increased its stake in shares of 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 acquiring an additional 2,841,118 shares in the last quarter. ATLAS Infrastructure Partners UK Ltd. boosted its stake in Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock worth $260,685,000 after acquiring an additional 208,242 shares in the last quarter. Maryland State Retirement & Pension System boosted its stake in Exelon by 3.0% during the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after acquiring an additional 28,443 shares in the last quarter. First Citizens Bank & Trust Co. acquired a new stake in Exelon in the third quarter worth $10,875,000. Finally, Exchange Traded Concepts LLC grew its holdings in Exelon by 92.9% in the third quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock worth $2,418,000 after purchasing an additional 25,863 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EXC has been the topic of several research reports. Scotiabank upped their price objective on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. Morgan Stanley restated an “underperform” rating and issued a $51.00 target price on shares of Exelon in a research note on Wednesday, January 21st. Jefferies Financial Group decreased their target price on Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Barclays dropped their price target on Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. increased their price target on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Exelon currently has an average rating of “Hold” and a consensus target price of $50.93.

Exelon Stock Performance

Shares of EXC stock opened at $47.17 on Tuesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84. The firm has a 50-day moving average of $46.74 and a 200-day moving average of $45.64. Exelon Corporation has a one year low of $41.71 and a one year high of $50.65. The company has a market cap of $48.26 billion, a P/E ratio of 17.28, a P/E/G ratio of 2.70 and a beta of 0.45.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share 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%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were issued a $0.42 dividend. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd. Exelon’s dividend payout ratio is currently 61.54%.

About Exelon

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.