Legal & General Group Plc Takes Position in Exelon Corporation $EXC

Posted by Brian Himes on Aug 25th, 2026

Legal & General Group Plc purchased a new position in shares of Exelon Corporation (NASDAQ:EXC – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 12,929,240 shares of the company’s stock, valued at approximately $602,760,000.

Several other institutional investors have also modified their holdings of EXC. Vanguard Group Inc. increased its stake in Exelon by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock valued at $5,715,457,000 after purchasing an additional 595,555 shares in the last quarter. BlackRock Inc. purchased a new stake in Exelon during the second quarter worth $5,583,709,000. State Street Corp boosted its position in Exelon by 4.0% during the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock worth $2,904,101,000 after purchasing an additional 2,550,786 shares in the last quarter. Lazard Asset Management LLC grew its holdings in Exelon by 6.4% in the first quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock valued at $1,206,887,000 after purchasing an additional 1,490,251 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in Exelon by 2.9% in the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock valued at $913,853,000 after purchasing an additional 595,655 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on EXC. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. KeyCorp lowered their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. TD Cowen dropped their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Truist Financial cut their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Finally, Morgan Stanley reduced their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Exelon presently has an average rating of “Hold” and a consensus target price of $50.07.

Read Our Latest Analysis on EXC

Exelon Stock Up 1.3%

EXC opened at $44.34 on Tuesday. The firm has a market cap of $45.77 billion, a P/E ratio of 16.24, a PEG ratio of 2.65 and a beta of 0.31. Exelon Corporation has a 52 week low of $42.58 and a 52 week high of $50.65. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. The business’s fifty day simple moving average is $46.22 and its 200 day simple moving average is $46.71.

Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The firm had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be issued a $0.42 dividend. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s payout ratio is 61.54%.

Exelon 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.