28,363 Shares in Exelon Corporation $EXC Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. acquired a new position in Exelon Corporation (NASDAQ:EXC) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,363 shares of the company’s stock, valued at approximately $1,277,000.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Exelon by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 129,992,051 shares of the company’s stock worth $5,644,255,000 after acquiring an additional 2,075,014 shares in the last quarter. State Street Corp grew its stake in Exelon by 4.0% in the second quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after purchasing an additional 2,491,064 shares during the period. Geode Capital Management LLC lifted its position in Exelon by 3.4% during the second quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock valued at $1,209,229,000 after buying an additional 931,897 shares during the period. Invesco Ltd. grew its position in shares of Exelon by 7.4% in the 2nd quarter. Invesco Ltd. now owns 14,826,137 shares of the company’s stock worth $643,751,000 after buying an additional 1,023,874 shares during the period. Finally, Norges Bank bought a new position in shares of Exelon in the 2nd quarter worth about $589,122,000. 80.92% of the stock is owned by institutional investors.

Exelon Stock Down 1.2%

EXC opened at $44.06 on Friday. The company has a market capitalization of $44.51 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 2.59 and a beta of 0.46. The firm has a 50-day simple moving average of $44.37 and a two-hundred day simple moving average of $44.74. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66. Exelon Corporation has a 52 week low of $38.85 and a 52 week high of $48.51.

Exelon (NASDAQ:EXC) last posted its earnings results on Tuesday, November 4th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The company had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, November 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, November 10th. Exelon’s payout ratio is currently 57.35%.

Wall Street Analyst Weigh In

EXC has been the topic of a number of recent research reports. TD Cowen initiated coverage on shares of Exelon in a report on Thursday, October 16th. They issued a “hold” rating and a $49.00 price objective on the stock. Royal Bank Of Canada started coverage on Exelon in a report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 target price for the company. JPMorgan Chase & Co. decreased their price target on Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. UBS Group lowered their price target on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, Evercore ISI assumed coverage on Exelon in a research note on Monday, October 6th. They set an “outperform” rating and a $57.00 price target for the company. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $49.54.

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.