ProShare Advisors LLC Purchases 509,451 Shares of Exelon Corporation $EXC

ProShare Advisors LLC grew its position in shares of Exelon Corporation (NASDAQ:EXC) by 36.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,891,110 shares of the company’s stock after purchasing an additional 509,451 shares during the quarter. ProShare Advisors LLC’s holdings in Exelon were worth $82,433,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. LRI Investments LLC raised its holdings in Exelon by 210.8% during the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after purchasing an additional 392 shares during the last quarter. Optima Capital LLC acquired a new stake in shares of Exelon during the 4th quarter worth approximately $25,000. Beacon Financial Strategies CORP acquired a new stake in shares of Exelon during the 4th quarter worth approximately $26,000. Root Financial Partners LLC acquired a new stake in shares of Exelon during the 3rd quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Exelon by 289.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after buying an additional 578 shares during the period. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on EXC shares. Scotiabank raised their price objective on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. UBS Group raised their price objective on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Weiss Ratings raised shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, Royal Bank Of Canada cut their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Exelon presently has an average rating of “Hold” and an average price target of $50.33.

Exelon Stock Up 1.5%

Shares of NASDAQ EXC opened at $44.62 on Wednesday. Exelon Corporation has a 12 month low of $42.11 and a 12 month high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $45.66 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 2.55 and a beta of 0.32. The business has a 50-day moving average of $47.35 and a 200-day moving average of $46.04.

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

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s dividend payout ratio is currently 61.54%.

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.