Exelon Corporation $EXC Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its stake in Exelon Corporation (NASDAQ:EXC) by 560.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 187,423 shares of the company’s stock after buying an additional 159,060 shares during the period. Rakuten Investment Management Inc.’s holdings in Exelon were worth $8,177,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EXC. Caxton Associates LLP acquired a new stake in shares of Exelon in the first quarter worth approximately $286,000. Woodline Partners LP boosted 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 last quarter. Jump Financial LLC acquired a new stake in shares of Exelon in the second quarter worth approximately $2,448,000. Gamco Investors INC. ET AL acquired a new stake in shares of Exelon in the second quarter worth approximately $645,000. Finally, Treasurer of the State of North Carolina boosted its position in shares of Exelon by 3.1% in the second quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after acquiring an additional 14,240 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Stock Performance

NASDAQ:EXC opened at $46.59 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $47.67 billion, a price-to-earnings ratio of 17.07, a PEG ratio of 2.68 and a beta of 0.31. The firm’s fifty day simple moving average is $46.08 and its 200 day simple moving average is $45.98. Exelon Corporation has a twelve month low of $42.18 and a twelve month high of $50.65.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Citigroup assumed coverage on Exelon in a research note on Thursday, March 26th. They set a “buy” rating and a $58.00 price target for the company. Royal Bank Of Canada dropped their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Finally, TD Cowen dropped their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $50.27.

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.