Louisiana State Employees Retirement System Acquires New Position in Exelon Corporation $EXC

Louisiana State Employees Retirement System acquired a new stake in Exelon Corporation (NASDAQ:EXC) during the first quarter, HoldingsChannel reports. The fund acquired 119,300 shares of the company’s stock, valued at approximately $5,848,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Plimoth Trust Co. LLC lifted its stake in shares of Exelon by 1.8% in the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after purchasing an additional 230 shares during the period. Verdence Capital Advisors LLC grew its stake 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 purchasing an additional 233 shares during the period. Seeds Investor LLC increased its holdings in Exelon by 2.6% in the fourth quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock valued at $416,000 after purchasing an additional 241 shares during the last quarter. HighPoint Advisor Group LLC lifted its stake in Exelon by 0.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 82,907 shares of the company’s stock valued at $3,614,000 after buying an additional 242 shares during the period. Finally, Drive Wealth Management LLC lifted its stake in Exelon by 5.2% in the fourth quarter. Drive Wealth Management LLC now owns 4,944 shares of the company’s stock valued at $216,000 after buying an additional 244 shares during the period. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on EXC shares. JPMorgan Chase & Co. raised their target price on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. TD Cowen cut their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Jefferies Financial Group downgraded 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. Royal Bank Of Canada cut their target price on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Finally, Truist Financial reduced their price target on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Four investment 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’s stock. According to MarketBeat.com, Exelon currently has an average rating of “Hold” and a consensus price target of $50.27.

Exelon Trading Up 1.4%

NASDAQ EXC opened at $47.42 on Friday. The firm has a market cap of $48.52 billion, a P/E ratio of 17.37, a P/E/G ratio of 2.71 and a beta of 0.31. 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 stock’s 50-day moving average is $45.70 and its 200-day moving average is $46.04. Exelon Corporation has a one year low of $42.39 and a one year high of $50.65.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data 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. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same period in the previous year, the firm earned $0.92 EPS. Exelon’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

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.