Ontario Teachers Pension Plan Board Invests $179.62 Million in Exelon Corporation $EXC

Ontario Teachers Pension Plan Board bought a new position in Exelon Corporation (NASDAQ:EXC) in the second quarter, HoldingsChannel.com reports. The fund bought 3,852,951 shares of the company’s stock, valued at approximately $179,625,000. Exelon accounts for 1.1% of Ontario Teachers Pension Plan Board’s portfolio, making the stock its 13th largest position.

A number of other hedge funds have also added to or reduced their stakes in EXC. Bell Investment Advisors Inc boosted its stake in shares of Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the last quarter. Axiom Investment Management LLC bought a new position in Exelon in the first quarter valued at about $27,000. Eastern Bank bought a new position in Exelon in the second quarter valued at about $26,000. Motiv8 Investments LLC purchased a new position in Exelon in the fourth quarter worth about $25,000. Finally, SHP Wealth Management purchased a new position in Exelon in the fourth quarter worth about $26,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Stock Down 0.6%

Shares of EXC opened at $45.31 on Wednesday. The business has a fifty day moving average of $46.32 and a 200 day moving average of $46.70. The company has a market cap of $46.77 billion, a PE ratio of 16.60, a P/E/G ratio of 2.77 and a beta of 0.31. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65.

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

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EXC. KeyCorp cut their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Wells Fargo & Company set a $50.00 price target on shares of Exelon in a research note on Tuesday, April 21st. TD Cowen cut their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Morgan Stanley cut their price objective on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Finally, Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Four investment 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. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $50.20.

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.