Prudential PLC Has $20.34 Million Holdings in Exelon Corporation $EXC

Prudential PLC cut its stake in shares of Exelon Corporation (NASDAQ:EXC) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 466,595 shares of the company’s stock after selling 33,694 shares during the period. Prudential PLC’s holdings in Exelon were worth $20,339,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EXC. Caxton Associates LLP acquired a new position in shares of Exelon during the first quarter worth $286,000. Woodline Partners LP increased its holdings in shares of Exelon by 40.7% during the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Exelon during the second quarter worth $2,448,000. Gamco Investors INC. ET AL acquired a new position in shares of Exelon during the second quarter worth $645,000. Finally, Treasurer of the State of North Carolina increased its holdings in shares of Exelon by 3.1% during 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 buying an additional 14,240 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Performance

NASDAQ EXC opened at $44.63 on Friday. The company has a market capitalization of $45.67 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 2.61 and a beta of 0.31. Exelon Corporation has a twelve month low of $42.11 and a twelve month high of $50.65. The stock has a fifty day simple moving average of $46.56 and a 200 day simple moving average of $46.00. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

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

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analysts Forecast Growth

EXC has been the subject of several research analyst reports. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $50.00 to $49.00 in a report on Friday, April 17th. BMO Capital Markets restated a “market perform” rating and issued a $49.00 price objective (down from $52.00) on shares of Exelon in a report on Friday, April 17th. UBS Group increased their price objective on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 20th. TD Cowen decreased their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Finally, Truist Financial decreased their price objective on Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 29th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target 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.