SIR Capital Management L.P. Sells 109,800 Shares of Exelon Corporation $EXC

SIR Capital Management L.P. lowered its stake in Exelon Corporation (NASDAQ:EXC) by 34.3% during the fourth quarter, Holdings Channel reports. The firm owned 210,600 shares of the company’s stock after selling 109,800 shares during the period. SIR Capital Management L.P.’s holdings in Exelon were worth $9,180,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ASR Vermogensbeheer N.V. grew its position in Exelon by 28.4% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after acquiring an additional 60,250 shares during the last quarter. Nordea Investment Management AB grew its position in Exelon by 14.6% in the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock valued at $352,397,000 after acquiring an additional 1,024,106 shares during the last quarter. Advisors Asset Management Inc. grew its position in Exelon by 36.3% in the third quarter. Advisors Asset Management Inc. now owns 83,551 shares of the company’s stock valued at $3,761,000 after acquiring an additional 22,256 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in Exelon by 26.9% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock valued at $9,393,000 after acquiring an additional 45,723 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its position in Exelon by 19.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock valued at $25,404,000 after acquiring an additional 93,682 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

EXC has been the topic of a number of recent analyst reports. KeyCorp decreased their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. TD Cowen decreased their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. UBS Group lifted their target price on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Barclays cut Exelon from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. boosted their price target on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $50.27.

Exelon Price Performance

Shares of EXC opened at $46.21 on Friday. Exelon Corporation has a 12-month low of $42.18 and a 12-month high of $50.65. The business’s fifty day moving average is $46.20 and its 200 day moving average is $45.98. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The stock has a market cap of $47.28 billion, a P/E ratio of 16.93, a P/E/G ratio of 2.64 and a beta of 0.31.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period last year, the business earned $0.92 EPS. Exelon’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. Sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio is presently 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.