Allspring Global Investments Holdings LLC Reduces Holdings in Exelon Corporation $EXC

Allspring Global Investments Holdings LLC lowered its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 26.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 292,065 shares of the company’s stock after selling 103,893 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Exelon were worth $12,827,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of EXC. Brookstone Capital Management raised its stake in Exelon by 1.4% in the 4th quarter. Brookstone Capital Management now owns 58,257 shares of the company’s stock valued at $2,539,000 after purchasing an additional 806 shares during the last quarter. J. Safra Sarasin Holding AG raised its position in shares of Exelon by 1,042.8% in the fourth quarter. J. Safra Sarasin Holding AG now owns 786,698 shares of the company’s stock valued at $34,292,000 after buying an additional 717,860 shares during the last quarter. Mn Services Vermogensbeheer B.V. lifted its stake in shares of Exelon by 1.7% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 386,974 shares of the company’s stock valued at $16,868,000 after buying an additional 6,474 shares during the period. Centennial Wealth Advisory LLC boosted its position in Exelon by 20.6% during the fourth quarter. Centennial Wealth Advisory LLC now owns 13,497 shares of the company’s stock worth $588,000 after acquiring an additional 2,305 shares during the last quarter. Finally, WESPAC Advisors LLC acquired a new stake in Exelon during the fourth quarter worth approximately $216,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of EXC opened at $49.33 on Friday. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $50.65. The firm has a market capitalization of $50.47 billion, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 2.87 and a beta of 0.41. 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 stock’s fifty day simple moving average is $47.50 and its 200 day simple moving average is $45.96.

Exelon (NASDAQ:EXC) last announced its quarterly 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 return on equity of 9.97% and a net margin of 11.41%.During the same quarter last year, the firm earned $0.64 earnings per share. Exelon’s revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a $0.42 dividend. This represents a $1.68 annualized dividend 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 was Monday, March 2nd. Exelon’s dividend payout ratio is 61.54%.

Analyst Ratings Changes

Several research analysts have weighed in on EXC shares. Jefferies Financial Group cut their price target on Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. BMO Capital Markets raised their price objective on Exelon from $51.00 to $52.00 and gave the stock an “outperform” rating in a report on Thursday. Royal Bank Of Canada began coverage on Exelon in a research report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price objective for the company. Morgan Stanley reiterated an “underperform” rating and issued a $51.00 target price on shares of Exelon in a research note on Wednesday, January 21st. Finally, UBS Group increased their target price on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Exelon presently has an average rating of “Hold” and an average price target of $51.47.

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.