Magellan Asset Management Ltd Has $53.55 Million Stock Position in Exelon Corporation $EXC

Posted by Brenda Bartman on Jul 22nd, 2026

Magellan Asset Management Ltd lifted its stake in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 26.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,092,489 shares of the company’s stock after purchasing an additional 229,573 shares during the quarter. Magellan Asset Management Ltd’s holdings in Exelon were worth $53,554,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in EXC. Vanguard Group Inc. boosted its holdings in Exelon by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after acquiring an additional 595,555 shares in the last quarter. State Street Corp increased its holdings in shares of Exelon by 4.0% during the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock valued at $2,904,101,000 after acquiring an additional 2,550,786 shares in the last quarter. Lazard Asset Management LLC increased its holdings in shares of Exelon by 3.0% during the fourth quarter. Lazard Asset Management LLC now owns 23,130,053 shares of the company’s stock valued at $1,008,239,000 after acquiring an additional 683,950 shares in the last quarter. Deutsche Bank AG raised its position in shares of Exelon by 2.9% during the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after purchasing an additional 595,655 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Exelon by 2.2% during the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after purchasing an additional 393,917 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on EXC shares. 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, April 20th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Morgan Stanley reduced their price objective on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Finally, Citigroup began coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price for the company. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $50.33.

Get Our Latest Analysis on EXC

Exelon Stock Down 0.2%

EXC stock opened at $45.89 on Wednesday. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The stock’s 50 day moving average is $45.97 and its 200-day moving average is $46.42. The firm has a market capitalization of $46.96 billion, a PE ratio of 16.81, a P/E/G ratio of 2.66 and a beta of 0.31.

Exelon (NASDAQ:EXC – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter in the previous year, the firm earned $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 fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s payout ratio is currently 61.54%.

Exelon Company Profile

(Free Report)

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.