Exelon Corporation $EXC Position Boosted by Baillie Gifford & Co.

Baillie Gifford & Co. boosted its holdings in Exelon Corporation (NASDAQ:EXC) by 325.6% during the 3rd quarter, Holdings Channel reports. The fund owned 366,170 shares of the company’s stock after acquiring an additional 280,140 shares during the quarter. Baillie Gifford & Co.’s holdings in Exelon were worth $16,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in EXC. Sowell Financial Services LLC grew its stake in shares of Exelon by 1.1% in the third quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock worth $923,000 after purchasing an additional 215 shares in the last quarter. Manchester Capital Management LLC lifted its holdings in Exelon by 11.6% in the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock worth $94,000 after purchasing an additional 225 shares during the period. Empirical Finance LLC grew its position in Exelon by 0.7% in the 2nd quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after buying an additional 226 shares in the last quarter. Boyd Watterson Asset Management LLC OH grew its position in Exelon by 4.8% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock valued at $218,000 after buying an additional 229 shares in the last quarter. Finally, Gateway Investment Advisers LLC increased its stake in Exelon by 5.0% during the 3rd quarter. Gateway Investment Advisers LLC now owns 4,965 shares of the company’s stock valued at $223,000 after buying an additional 236 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $44.06 on Friday. The stock’s fifty day simple moving average is $44.37 and its 200 day simple moving average is $44.74. The stock has a market capitalization of $44.51 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 2.59 and a beta of 0.46. 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 released its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. The business had revenue of $6.71 billion during the quarter, compared to analyst estimates 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. As a group, sell-side analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, November 10th. Exelon’s dividend payout ratio (DPR) is presently 57.35%.

Analysts Set New Price Targets

EXC has been the subject of a number of research analyst reports. BTIG Research assumed coverage on shares of Exelon in a research note on Tuesday, October 21st. They issued a “neutral” rating for the company. Jefferies Financial Group set a $57.00 target price on Exelon in a report on Wednesday, October 15th. KeyCorp set a $39.00 price target on Exelon in a research note on Friday, December 12th. Royal Bank Of Canada initiated coverage on Exelon in a research report on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 price target on the stock. Finally, Wells Fargo & Company cut their price objective on Exelon from $52.00 to $51.00 and set an “overweight” rating for the company in a report on Tuesday. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $49.54.

Exelon 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.