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

SIR Capital Management L.P. reduced its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 34.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 210,600 shares of the company’s stock after selling 109,800 shares during the quarter. SIR Capital Management L.P.’s holdings in Exelon were worth $9,180,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EXC. Plimoth Trust Co. LLC lifted its holdings in shares of Exelon by 1.8% during the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after buying an additional 230 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Exelon by 2.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock worth $376,000 after buying an additional 233 shares in the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Exelon by 2.2% during the third quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock worth $498,000 after buying an additional 240 shares in the last quarter. Seeds Investor LLC lifted its holdings in shares of Exelon by 2.6% during the fourth quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock worth $416,000 after buying an additional 241 shares in the last quarter. Finally, HighPoint Advisor Group LLC lifted its holdings in shares of Exelon by 0.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 82,907 shares of the company’s stock worth $3,614,000 after buying an additional 242 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Exelon Stock Up 1.5%

Shares of NASDAQ EXC opened at $46.21 on Friday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a 52 week low of $42.18 and a 52 week high of $50.65. The stock has a market capitalization of $47.28 billion, a P/E ratio of 16.93, a PEG ratio of 2.64 and a beta of 0.31. The stock’s fifty day moving average is $46.20 and its 200 day moving average is $45.98.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 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 quarter last year, the business 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 forecast 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. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. BMO Capital Markets reissued a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Mizuho set a $48.00 target price on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. KeyCorp dropped their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Finally, Truist Financial dropped their target price on Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 29th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $50.27.

About Exelon

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.