Ausbil Investment Management Ltd Sells 22,968 Shares of Exelon Corporation $EXC

Ausbil Investment Management Ltd decreased its position in shares of Exelon Corporation (NASDAQ:EXC) by 16.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,269 shares of the company’s stock after selling 22,968 shares during the period. Exelon comprises 2.8% of Ausbil Investment Management Ltd’s portfolio, making the stock its 13th biggest position. Ausbil Investment Management Ltd’s holdings in Exelon were worth $4,937,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. LRI Investments LLC boosted its holdings in shares of Exelon by 210.8% in the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after acquiring an additional 392 shares in the last quarter. Beacon Financial Strategies CORP acquired a new stake in Exelon during the 4th quarter valued at $26,000. Elevation Point Wealth Partners LLC bought a new position in Exelon in the 2nd quarter valued at $29,000. Root Financial Partners LLC bought a new position in Exelon in the 3rd quarter valued at $30,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in Exelon in the third quarter worth $32,000. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

EXC has been the topic of several research analyst reports. Barclays decreased their target price on Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. Morgan Stanley reiterated an “underperform” rating and set a $51.00 price target on shares of Exelon in a research report on Wednesday, January 21st. Jefferies Financial Group decreased their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. KeyCorp raised their price objective on shares of Exelon from $39.00 to $44.00 and gave the company an “underweight” rating in a research report on Wednesday, March 4th. Finally, Royal Bank Of Canada began coverage on shares of Exelon in a research note on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $51.40.

Exelon Trading Up 1.5%

EXC stock opened at $48.40 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $50.65. The company has a market cap of $49.52 billion, a P/E ratio of 17.73, a PEG ratio of 2.77 and a beta of 0.45. The business has a fifty day moving average of $46.99 and a 200-day moving average of $45.70.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating 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%.The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts expect that Exelon Corporation will post 2.64 EPS for the current 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 paid a $0.42 dividend. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.68 annualized dividend and a dividend yield of 3.5%. Exelon’s payout ratio is 61.54%.

Exelon 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.