Arbejdsmarkedets Tillaegspension acquired a new position in Exelon Corporation (NASDAQ:EXC – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 531,512 shares of the company’s stock, valued at approximately $23,169,000.
Several other institutional investors have also bought and sold shares of the stock. Allianz Asset Management GmbH raised its holdings in Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after buying an additional 2,841,118 shares during the period. Maryland State Retirement & Pension System raised its holdings in Exelon by 3.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after buying an additional 28,443 shares during the period. Nordea Investment Management AB raised its holdings in Exelon by 14.6% during the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after buying an additional 1,024,106 shares during the period. First Citizens Bank & Trust Co. acquired a new stake in Exelon during the 3rd quarter worth about $10,875,000. Finally, ASR Vermogensbeheer N.V. raised its holdings in Exelon by 28.4% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after buying an additional 60,250 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.
Wall Street Analysts Forecast Growth
EXC has been the topic of several recent analyst reports. KeyCorp cut their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday. Scotiabank upped their target price on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. TD Cowen dropped their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday. Wells Fargo & Company set a $50.00 target price on Exelon in a report on Tuesday, April 21st. Finally, Mizuho set a $48.00 target price on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Exelon has a consensus rating of “Hold” and a consensus target price of $50.33.
Exelon Price Performance
Shares of EXC opened at $43.38 on Friday. The company has a market capitalization of $44.39 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 2.57 and a beta of 0.32. Exelon Corporation has a fifty-two week low of $42.11 and a fifty-two week high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The business’s 50-day moving average is $47.54 and its 200-day moving average is $46.10.
Exelon (NASDAQ:EXC – Get Free Report) last issued its earnings results 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. The company had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.
Exelon Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.9%. Exelon’s dividend payout ratio is currently 61.54%.
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.
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