LaSalle St. Investment Advisors LLC Purchases Shares of 25,769 Exelon Corporation $EXC

LaSalle St. Investment Advisors LLC purchased a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,769 shares of the company’s stock, valued at approximately $1,201,000.

A number of other institutional investors have also modified their holdings of EXC. ASR Vermogensbeheer N.V. raised its stake in Exelon by 28.4% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after buying an additional 60,250 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its stake in shares of Exelon by 26.9% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after acquiring an additional 45,723 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Exelon by 133.9% during the second quarter. Assenagon Asset Management S.A. now owns 505,564 shares of the company’s stock worth $23,569,000 after acquiring an additional 289,436 shares during the last quarter. Ethic Inc. grew its stake in shares of Exelon by 7.6% during the fourth quarter. Ethic Inc. now owns 334,268 shares of the company’s stock worth $14,571,000 after acquiring an additional 23,567 shares during the last quarter. Finally, Triasima Portfolio Management inc. acquired a new position in shares of Exelon during the fourth quarter valued at about $2,021,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Down 0.5%

Shares of Exelon stock opened at $45.06 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The firm has a fifty day moving average price of $46.30 and a 200 day moving average price of $46.71. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The stock has a market cap of $46.51 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 2.74 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). The business had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. Exelon’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently disclosed 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 of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analyst Upgrades and Downgrades

EXC has been the subject of several research analyst reports. Truist Financial decreased their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. TD Cowen cut their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Finally, KeyCorp dropped their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and a consensus target price of $50.20.

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.