Massachusetts Financial Services Co. MA Sells 333,385 Shares of Exelon Corporation $EXC

Key Points

• Massachusetts Financial Services Co. MA sold 333,385 shares of Exelon in Q4 (a 2.3% reduction), leaving it with 14,169,338 shares—about 1.40% of the company valued at roughly $617.6 million.
• Exelon beat Q4 EPS expectations ($0.59 vs. $0.55) despite revenue declining 1.1% year-over-year, and set FY2026 guidance of 2.810–2.910 EPS (sell-side average forecast ~2.64 EPS).
• The company raised its quarterly dividend to $0.42 ($1.68 annual, ~3.5% yield) with a payout ratio around 61.5%; the stock has a $49.7 billion market cap, P/E ~17.8, and an average analyst rating of "Hold" with a $51.47 target.

Massachusetts Financial Services Co. MA lessened its holdings in shares of Exelon Corporation (NASDAQ:EXC - Free Report) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,169,338 shares of the company's stock after selling 333,385 shares during the quarter. Massachusetts Financial Services Co. MA owned about 1.40% of Exelon worth $617,641,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of EXC. Caxton Associates LLP bought a new stake in shares of Exelon during the 1st quarter valued at about $286,000. Woodline Partners LP boosted its position in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company's stock valued at $3,913,000 after acquiring an additional 24,580 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Exelon during the 2nd quarter valued at about $2,448,000. Gamco Investors INC. ET AL bought a new stake in shares of Exelon during the 2nd quarter valued at about $645,000. Finally, Treasurer of the State of North Carolina boosted its position in shares of Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company's stock valued at $20,502,000 after acquiring an additional 14,240 shares during the last quarter. Institutional investors own 80.92% of the company's stock.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $48.57 on Friday. The stock has a market cap of $49.70 billion, a price-to-earnings ratio of 17.79, a P/E/G ratio of 2.82 and a beta of 0.41. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. Exelon Corporation has a 1-year low of $41.71 and a 1-year high of $50.65. The stock's 50-day moving average is $47.94 and its 200 day moving average is $46.16.

Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating 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 revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts anticipate that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from Exelon's previous quarterly dividend of $0.40. Exelon's payout ratio is 61.54%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Scotiabank lifted their price target on Exelon from $46.00 to $47.00 and gave the company a "sector perform" rating in a research report on Friday, February 13th. Morgan Stanley reiterated an "underperform" rating and set a $51.00 price target on shares of Exelon in a research report on Wednesday, January 21st. Barclays dropped their price target on Exelon from $52.00 to $50.00 and set an "overweight" rating for the company in a research report on Thursday, January 22nd. KeyCorp raised their price objective on Exelon from $39.00 to $44.00 and gave the company an "underweight" rating in a report on Wednesday, March 4th. Finally, BMO Capital Markets raised their price objective on Exelon from $51.00 to $52.00 and gave the company an "outperform" rating in a report on Thursday, April 2nd. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Exelon presently has an average rating of "Hold" and an average price target of $51.47.

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.

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