OMERS ADMINISTRATION Corp Grows Stake in Exelon Corporation $EXC

OMERS ADMINISTRATION Corp lifted its position in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 43.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,264 shares of the company’s stock after buying an additional 15,499 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Exelon were worth $2,513,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Optima Capital LLC acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Exelon in the fourth quarter worth $25,000. Leonteq Securities AG acquired a new position in shares of Exelon in the fourth quarter worth $26,000. Bell Investment Advisors Inc lifted its position in shares of Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after acquiring an additional 287 shares in the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of Exelon in the fourth quarter valued at $26,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EXC. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research note on Tuesday, April 21st. Royal Bank Of Canada cut their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Mizuho set a $48.00 price target on Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $50.33.

View Our Latest Report on EXC

Exelon Price Performance

Shares of NASDAQ EXC opened at $47.31 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65. The company has a market capitalization of $48.41 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 2.85 and a beta of 0.31. The business has a 50-day moving average of $46.28 and a 200-day moving average of $46.55.

Exelon (NASDAQ:EXCGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 EPS 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 the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.During the same period last year, the business posted $0.92 EPS. The company’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

About Exelon

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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