Exelon Corporation $EXC Position Cut by Horizon Investments LLC

Key Points

• Horizon Investments LLC trimmed its stake in Exelon by 22.0%, selling 23,953 shares and retaining 84,794 shares valued at about $3.70 million at quarter-end.
• Institutional ownership remains high at 80.92%, and several large managers materially increased positions—most notably Allianz (+170.8%), Nordea and Robeco—indicating continued institutional interest despite Horizon's sale.
• Exelon beat quarterly EPS estimates ($0.59 vs. $0.55), set FY2026 guidance of 2.810–2.910 EPS, and declared a $0.42 quarterly dividend (≈3.6% yield); analysts' consensus rating is a Hold with a $50.47 target.

Horizon Investments LLC trimmed its stake in Exelon Corporation (NASDAQ:EXC - Free Report) by 22.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 84,794 shares of the company's stock after selling 23,953 shares during the quarter. Horizon Investments LLC's holdings in Exelon were worth $3,696,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH lifted its stake in Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company's stock valued at $202,742,000 after buying an additional 2,841,118 shares during the last quarter. Maryland State Retirement & Pension System increased its holdings in shares of Exelon by 3.0% during the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company's stock valued at $44,441,000 after purchasing an additional 28,443 shares during the period. First Citizens Bank & Trust Co. acquired a new position in shares of Exelon during the third quarter valued at $10,875,000. Nordea Investment Management AB increased its holdings in shares of Exelon by 14.6% during the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company's stock valued at $352,397,000 after purchasing an additional 1,024,106 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Exelon by 13.7% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,573,635 shares of the company's stock valued at $115,839,000 after purchasing an additional 309,853 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on EXC shares. Citigroup started coverage on Exelon in a report on Thursday, March 26th. They set a "buy" rating and a $58.00 price target on the stock. Weiss Ratings raised Exelon from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday. Wall Street Zen raised Exelon from a "sell" rating to a "hold" rating in a report on Sunday, February 22nd. Morgan Stanley lowered their price target on Exelon from $56.00 to $55.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 21st. Finally, Mizuho set a $48.00 price target on Exelon and gave the company a "neutral" rating in a report on Friday, April 17th. Four 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. According to MarketBeat, Exelon presently has a consensus rating of "Hold" and a consensus target price of $50.47.

Exelon Price Performance

NASDAQ:EXC opened at $46.50 on Monday. The business's 50-day moving average price is $48.30 and its 200 day moving average price is $46.30. The firm has a market cap of $47.58 billion, a P/E ratio of 17.03, a PEG ratio of 2.70 and a beta of 0.32. Exelon Corporation has a 52-week low of $41.71 and a 52-week high of $50.65. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC - Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The company's quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon's payout ratio is presently 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.

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