Exelon Corporation $EXC Shares Purchased by Heartland Advisors Inc.

Heartland Advisors Inc. increased its position in shares of Exelon Corporation (NASDAQ:EXC) by 8.9% in the 1st quarter, Holdings Channel reports. The firm owned 437,424 shares of the company’s stock after purchasing an additional 35,700 shares during the period. Exelon accounts for approximately 1.1% of Heartland Advisors Inc.’s portfolio, making the stock its 14th largest position. Heartland Advisors Inc.’s holdings in Exelon were worth $21,443,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EXC. Resonant Capital Advisors LLC lifted its holdings in Exelon by 2.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after purchasing an additional 217 shares in the last quarter. PFG Investments LLC grew its holdings in shares of Exelon by 1.6% during the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after buying an additional 218 shares in the last quarter. Texas Bank & Trust Co grew its holdings in shares of Exelon by 1.5% during the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock worth $755,000 after buying an additional 229 shares in the last quarter. Plimoth Trust Co. LLC raised its position in shares of Exelon by 1.8% in the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after buying an additional 230 shares during the last quarter. Finally, Westfuller Advisors LLC raised its position in shares of Exelon by 12.5% in the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after buying an additional 232 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent research reports. KeyCorp lowered their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Royal Bank Of Canada lowered their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Truist Financial increased their price target on Exelon from $49.00 to $50.00 and gave the company a “hold” rating in a report on Thursday. Mizuho set a $48.00 price objective on Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $50.00 to $49.00 in a research note on Friday, April 17th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $50.33.

Exelon Trading Down 1.1%

Shares of EXC stock opened at $46.26 on Friday. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65. The firm has a market cap of $47.33 billion, a PE ratio of 16.95, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31. The company has a 50-day moving average of $45.92 and a two-hundred day moving average of $46.37. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

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. The firm had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

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

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.