TD Waterhouse Canada Inc. Acquires 17,710 Shares of Exelon Corporation $EXC

TD Waterhouse Canada Inc. raised its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 40.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 60,977 shares of the company’s stock after purchasing an additional 17,710 shares during the period. TD Waterhouse Canada Inc.’s holdings in Exelon were worth $2,658,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EXC. Lazard Asset Management LLC increased its stake in shares of Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after purchasing an additional 5,554,494 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its stake in shares of Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after purchasing an additional 3,554,891 shares in the last quarter. Allianz Asset Management GmbH increased its stake in shares of Exelon by 170.8% during the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after purchasing an additional 2,841,118 shares in the last quarter. Man Group plc increased its stake in shares of Exelon by 99.4% during the second quarter. Man Group plc now owns 3,034,725 shares of the company’s stock valued at $131,768,000 after purchasing an additional 1,512,552 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of Exelon by 1,308.4% during the third quarter. Squarepoint Ops LLC now owns 1,516,126 shares of the company’s stock valued at $68,241,000 after purchasing an additional 1,408,478 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

EXC has been the subject of several analyst reports. Wolfe Research downgraded shares of Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Royal Bank Of Canada reduced their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Monday. Weiss Ratings reissued a “buy (b-)” rating on shares of Exelon in a research report on Friday, April 17th. Mizuho set a $48.00 price target on shares of Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. Finally, Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and reduced their price target for the company from $55.00 to $50.00 in a research report on Monday. Five 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’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.44.

Exelon Trading Down 0.9%

Shares of EXC stock opened at $45.86 on Thursday. Exelon Corporation has a 12-month low of $41.71 and a 12-month high of $50.65. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm’s 50 day moving average is $48.44 and its 200 day moving average is $46.30. The stock has a market capitalization of $46.92 billion, a P/E ratio of 16.80, a P/E/G ratio of 2.68 and a beta of 0.41.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The firm’s revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd. This is a positive change from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is 61.54%.

About Exelon

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.