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Pictet Asset Management Holding SA Sells 5,113,037 Shares of Exelon Corporation $EXC
Pictet Asset Management Holding SA has significantly reduced its stake in Exelon Corporation (NASDAQ:EXC) by 71.7%, selling over 5.1 million shares in the fourth quarter, now holding 0.20% of the company. Despite this sale, institutional investors collectively own 80.92% of Exelon, and analysts maintain a consensus “Hold” rating with an average target price of $50.44. Exelon also reported beating Q4 earnings estimates, declaring a quarterly dividend of $0.42, and providing FY2026 EPS guidance of $2.81–$2.91.