Harvest Fund Management Co. Ltd Acquires 13,445 Shares of Exelon Corporation $EXC

Harvest Fund Management Co. Ltd lifted its position in Exelon Corporation (NASDAQ:EXC) by 21.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,592 shares of the company’s stock after acquiring an additional 13,445 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Exelon were worth $3,295,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Optima Capital LLC bought a new position in shares of Exelon in the 4th quarter worth approximately $25,000. Beacon Financial Strategies CORP bought a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Leonteq Securities AG bought a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Exelon by 289.0% in the 4th 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 in the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its position in shares of Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock worth $36,000 after acquiring an additional 732 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Down 1.0%

EXC stock opened at $44.63 on Friday. Exelon Corporation has a twelve month low of $42.11 and a twelve month high of $50.65. 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 firm has a market cap of $45.67 billion, a PE ratio of 16.35, a price-to-earnings-growth ratio of 2.61 and a beta of 0.31. The business has a 50 day moving average of $46.56 and a 200 day moving average of $46.00.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $6.93 billion. During the same quarter last year, the company earned $0.92 EPS. The firm’s revenue for the quarter 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 fiscal year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and decreased their target price for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Wells Fargo & Company set a $50.00 target price on Exelon in a research report on Tuesday, April 21st. BMO Capital Markets reissued a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Finally, Morgan Stanley decreased their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Four equities 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 company. According to data from MarketBeat, Exelon currently has an average rating of “Hold” and an average target price 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.