PKO Investment Management Joint Stock Co Makes New $1.76 Million Investment in Exelon Corporation $EXC

PKO Investment Management Joint Stock Co purchased a new stake in Exelon Corporation (NASDAQ:EXC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 39,000 shares of the company’s stock, valued at approximately $1,755,000.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Exelon by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 129,992,051 shares of the company’s stock valued at $5,644,255,000 after acquiring an additional 2,075,014 shares during the last quarter. State Street Corp increased its position in shares of Exelon by 4.0% in the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company’s stock valued at $2,782,260,000 after buying an additional 2,491,064 shares in the last quarter. Geode Capital Management LLC grew its stake in Exelon by 3.4% in the second quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock valued at $1,209,229,000 after acquiring an additional 931,897 shares during the period. Invesco Ltd. increased its holdings in shares of Exelon by 7.4% in the second quarter. Invesco Ltd. now owns 14,826,137 shares of the company’s stock worth $643,751,000 after acquiring an additional 1,023,874 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Exelon during the second quarter worth about $589,122,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Trading Down 0.9%

NASDAQ EXC opened at $42.90 on Tuesday. Exelon Corporation has a 12 month low of $37.13 and a 12 month high of $48.51. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The stock has a 50 day moving average of $44.64 and a 200-day moving average of $44.67. The company has a market cap of $43.34 billion, a PE ratio of 15.38, a PEG ratio of 2.54 and a beta of 0.46.

Exelon (NASDAQ:EXC) last issued its earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The business had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a net margin of 11.60% and a return on equity of 10.28%. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, equities research analysts anticipate that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, November 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. Exelon’s dividend payout ratio (DPR) is presently 57.35%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EXC. KeyCorp set a $39.00 price objective on Exelon in a research report on Friday, December 12th. Barclays increased their price objective on shares of Exelon from $48.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. TD Cowen began coverage on shares of Exelon in a research report on Thursday, October 16th. They issued a “hold” rating and a $49.00 price objective on the stock. Morgan Stanley reiterated an “underperform” rating and set a $52.00 target price on shares of Exelon in a report on Thursday, November 20th. Finally, UBS Group cut their price target on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Exelon currently has an average rating of “Hold” and a consensus target price of $49.85.

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.