SG Americas Securities LLC Grows Stock Position in Exelon Corporation $EXC

SG Americas Securities LLC boosted its stake in Exelon Corporation (NASDAQ:EXC) by 391.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,483,468 shares of the company’s stock after buying an additional 1,181,581 shares during the period. SG Americas Securities LLC owned approximately 0.15% of Exelon worth $64,664,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Exelon in the 2nd quarter valued at about $589,122,000. Lazard Asset Management LLC boosted its stake in shares of Exelon by 32.9% in the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after buying an additional 5,554,494 shares during the period. ANTIPODES PARTNERS Ltd grew its position in shares of Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after buying an additional 3,554,891 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Exelon by 164.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 5,593,627 shares of the company’s stock valued at $242,875,000 after purchasing an additional 3,476,942 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after acquiring an additional 2,841,118 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 0.3%

Shares of NASDAQ EXC opened at $47.29 on Wednesday. The business has a 50-day moving average price of $46.82 and a 200 day moving average price of $45.67. The stock has a market cap of $48.39 billion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 2.74 and a beta of 0.45. 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 52-week low of $41.71 and a 52-week high of $50.65.

Exelon (NASDAQ:EXC) last released 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 business earned $0.64 EPS. The business’s quarterly revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.64 earnings per share 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 issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio is presently 61.54%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on EXC shares. KeyCorp upped their price target on Exelon from $39.00 to $44.00 and gave the company an “underweight” rating in a report on Wednesday, March 4th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Jefferies Financial Group reduced their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Scotiabank upped their target price 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. Finally, Wolfe Research downgraded shares of Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $50.93.

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.