Martingale Asset Management L P Lowers Position in Exelon Corporation $EXC

Key Points

• Martingale Asset Management L P cut its Exelon stake by 5.3%, selling 29,376 shares and finishing the quarter with 529,999 shares valued at about $23.9 million.
• Exelon raised its quarterly dividend to $0.42 (annualized $1.68, ~3.4% yield; ex-dividend March 2) and issued FY2026 EPS guidance of 2.810–2.910, while analysts' consensus rating is "Hold" with a $50.93 price target.
• Exelon reported Q results of $0.59 EPS (beat vs. $0.55 consensus) with revenue down 1.1% year‑over‑year; the company has a market cap around $50.6 billion and a PE of ~18.1.

Martingale Asset Management L P decreased its position in shares of Exelon Corporation (NASDAQ:EXC - Free Report) by 5.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 529,999 shares of the company's stock after selling 29,376 shares during the quarter. Martingale Asset Management L P owned 0.05% of Exelon worth $23,855,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Caxton Associates LLP acquired a new stake in Exelon during the first quarter valued at $286,000. Woodline Partners LP raised its position in shares of Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company's stock worth $3,913,000 after acquiring an additional 24,580 shares during the period. Prospera Financial Services Inc raised its position in shares of Exelon by 49.5% in the second quarter. Prospera Financial Services Inc now owns 16,005 shares of the company's stock worth $695,000 after acquiring an additional 5,299 shares during the period. PFG Advisors purchased a new stake in shares of Exelon during the 2nd quarter worth about $240,000. Finally, Allworth Financial LP grew its position in shares of Exelon by 9.7% during the 2nd quarter. Allworth Financial LP now owns 25,479 shares of the company's stock valued at $1,106,000 after acquiring an additional 2,260 shares during the period. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Up 1.3%

EXC opened at $49.48 on Friday. The company has a market cap of $50.61 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 2.84 and a beta of 0.45. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $49.88. The company has a 50-day moving average price of $46.00 and a 200 day moving average price of $45.38. 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 posted its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same period in the previous year, the business posted $0.64 EPS. The company's revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be paid a $0.42 dividend. This is a boost from Exelon's previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, March 2nd. Exelon's dividend payout ratio is presently 61.54%.

Analyst Upgrades and Downgrades

EXC has been the subject of several recent analyst reports. Mizuho lifted their price target on Exelon from $47.00 to $51.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. UBS Group raised their price objective on Exelon from $48.00 to $51.00 and gave the company a "neutral" rating in a report on Friday, February 20th. Jefferies Financial Group cut their price objective on Exelon from $57.00 to $55.00 and set a "buy" rating for the company in a research report on Tuesday, January 27th. Wolfe Research downgraded Exelon from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, January 27th. Finally, JPMorgan Chase & Co. increased their target price on Exelon from $48.00 to $53.00 and gave the company a "neutral" rating in a research report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $50.93.

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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