Exelon Corporation $EXC Stock Position Increased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its position in shares of Exelon Corporation (NASDAQ:EXC) by 30.3% in the first quarter, HoldingsChannel reports. The firm owned 55,656 shares of the company’s stock after acquiring an additional 12,940 shares during the period. Sequoia Financial Advisors LLC’s holdings in Exelon were worth $2,728,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caxton Associates LLP acquired a new position in shares of Exelon during the first quarter worth approximately $286,000. Woodline Partners LP increased its position in Exelon by 40.7% in the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after acquiring an additional 24,580 shares during the period. Jump Financial LLC acquired a new stake in Exelon in the 2nd quarter valued at approximately $2,448,000. Gamco Investors INC. ET AL bought a new stake in Exelon during the 2nd quarter valued at $645,000. Finally, Treasurer of the State of North Carolina boosted its position in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after acquiring an additional 14,240 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

EXC opened at $46.92 on Wednesday. The business has a 50 day moving average price of $45.81 and a two-hundred day moving average price of $46.34. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The company has a market capitalization of $48.01 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 2.73 and a beta of 0.31. Exelon Corporation has a 1-year low of $42.47 and a 1-year high of $50.65.

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

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.6%. Exelon’s payout ratio is 61.54%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. TD Cowen decreased their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Royal Bank Of Canada cut their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and lowered their target price for the company from $55.00 to $50.00 in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $50.27.

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.