ProShare Advisors LLC Has $82.43 Million Stake in Exelon Corporation $EXC

ProShare Advisors LLC boosted its position in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 36.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,891,110 shares of the company’s stock after buying an additional 509,451 shares during the period. ProShare Advisors LLC owned approximately 0.19% of Exelon worth $82,433,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LRI Investments LLC lifted its holdings in shares of Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after acquiring an additional 392 shares during the last quarter. Optima Capital LLC bought a new position in shares of Exelon in the fourth quarter worth about $25,000. Beacon Financial Strategies CORP bought a new position in shares of Exelon in the fourth quarter worth about $26,000. Root Financial Partners LLC bought a new position in shares of Exelon in the third quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Exelon by 289.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after acquiring an additional 578 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 1.5%

Shares of NASDAQ EXC opened at $44.62 on Wednesday. The company has a 50 day simple moving average of $47.35 and a 200 day simple moving average of $46.04. The firm has a market cap of $45.66 billion, a PE ratio of 16.34, a price-to-earnings-growth ratio of 2.55 and a beta of 0.32. Exelon Corporation has a 1 year low of $42.11 and a 1 year high of $50.65. 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:EXCGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same quarter last year, the business earned $0.92 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analysts Set New Price Targets

A number of research analysts have recently commented on EXC shares. JPMorgan Chase & Co. increased their target price on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. UBS Group increased their target price on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Scotiabank increased their target price on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Finally, Royal Bank Of Canada dropped their target price on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company 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 company. According to MarketBeat.com, Exelon has an average rating of “Hold” and a consensus price target of $50.33.

Get Our Latest Analysis on Exelon

Exelon Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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