Assetmark Inc. Lowers Stock Position in Exelon Corporation $EXC

Assetmark Inc. cut its stake in shares of Exelon Corporation (NASDAQ:EXC) by 71.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,263 shares of the company’s stock after selling 35,223 shares during the quarter. Assetmark Inc.’s holdings in Exelon were worth $699,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXC. Optima Capital LLC bought a new stake in Exelon during the fourth quarter valued at about $25,000. Motiv8 Investments LLC bought a new position in shares of Exelon in the fourth quarter worth about $25,000. Leonteq Securities AG bought a new position in shares of Exelon in the fourth quarter worth about $26,000. Bell Investment Advisors Inc grew its position in shares of Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares in the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of Exelon during the fourth quarter worth about $26,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

More Exelon News

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Wells Fargo maintained its Buy rating on Exelon, which can support investor confidence and suggests at least one major firm still sees upside in the shares. Wells Fargo Sticks to Their Buy Rating for Exelon (EXC)
• Neutral Sentiment: Exelon’s “time of day pricing” launch is putting its valuation back in focus, indicating the market is reassessing the stock’s worth rather than responding to a clear operational surprise. Exelon (EXC) Time Of Day Pricing Launch Puts Valuation Back In Focus
• Neutral Sentiment: KeyCorp reiterated a cautious stance on Exelon, issuing an Underweight rating with a $41 price target and estimates for Q2, Q3, Q4 2026 and FY2030 earnings; this may pressure sentiment by reinforcing a more conservative view on the stock’s upside.
• Neutral Sentiment: Exelon’s short-interest update showed no reported short interest, which does not point to a meaningful bearish trading signal at the moment.
• Neutral Sentiment: Zacks noted that Exelon’s upcoming earnings report may not be set up for a likely beat, keeping investors focused on execution risks ahead of the release. Exelon (EXC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Exelon Price Performance

Shares of Exelon stock opened at $47.53 on Friday. The firm has a market cap of $48.63 billion, a PE ratio of 17.41, a PEG ratio of 2.75 and a beta of 0.31. The stock has a 50 day moving average of $46.16 and a 200 day moving average of $46.48. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same period in the prior year, the company earned $0.92 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EXC. Wells Fargo & Company set a $50.00 price target on Exelon in a report on Tuesday, April 21st. Truist Financial increased their price objective on shares of Exelon from $49.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, July 16th. TD Cowen reduced their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Finally, Jefferies Financial Group lowered shares of Exelon from a “buy” rating to a “hold” rating and dropped their target price for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $50.33.

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.