Ethic Inc. lifted its stake in Exelon Corporation (NASDAQ:EXC – Free Report) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 334,268 shares of the company’s stock after acquiring an additional 23,567 shares during the period. Ethic Inc.’s holdings in Exelon were worth $14,571,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH lifted its stake in Exelon by 170.8% during the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after purchasing an additional 2,841,118 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Exelon by 3.0% in the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after buying an additional 28,443 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Exelon by 14.6% in the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock valued at $352,397,000 after buying an additional 1,024,106 shares in the last quarter. First Citizens Bank & Trust Co. bought a new position in shares of Exelon in the third quarter valued at $10,875,000. Finally, Advisors Asset Management Inc. lifted its position in shares of Exelon by 36.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 83,551 shares of the company’s stock valued at $3,761,000 after acquiring an additional 22,256 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on EXC shares. Truist Financial began coverage on Exelon in a research note on Monday, April 20th. They set a “hold” rating and a $50.00 price objective for the company. JPMorgan Chase & Co. upped their target price on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. UBS Group increased their price target on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Morgan Stanley dropped their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Finally, Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Exelon currently has an average rating of “Hold” and an average price target of $50.47.
Exelon Price Performance
EXC opened at $43.91 on Friday. The stock has a fifty day moving average of $48.12 and a 200-day moving average of $46.25. The firm has a market capitalization of $44.93 billion, a P/E ratio of 16.08, a PEG ratio of 2.57 and a beta of 0.32. Exelon Corporation has a 12-month low of $41.71 and a 12-month high of $50.65. The company has a quick ratio of 0.84, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.
Exelon (NASDAQ:EXC – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping 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 analysts’ expectations of $6.93 billion. During the same quarter last year, the firm posted $0.92 earnings per share. Exelon’s 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. Equities analysts forecast that Exelon Corporation will post 2.86 EPS for the current fiscal year.
Exelon Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.42 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.
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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