16,188 Shares in Exelon Corporation $EXC Acquired by Arvest Bank Trust Division

Arvest Bank Trust Division purchased a new position in shares of Exelon Corporation (NASDAQ:EXC) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 16,188 shares of the company’s stock, valued at approximately $729,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Exelon by 0.4% during the third quarter. Vanguard Group Inc. now owns 130,522,986 shares of the company’s stock worth $5,874,840,000 after acquiring an additional 530,935 shares during the last quarter. State Street Corp boosted its stake in Exelon by 4.0% during the 2nd 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 grew its position in Exelon by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock worth $1,209,229,000 after purchasing an additional 931,897 shares during the last quarter. Invesco Ltd. increased its stake in Exelon by 7.4% in the second quarter. Invesco Ltd. now owns 14,826,137 shares of the company’s stock valued at $643,751,000 after purchasing an additional 1,023,874 shares during the period. Finally, Norges Bank purchased a new stake in shares of Exelon in the second quarter valued at about $589,122,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EXC. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Morgan Stanley reissued an “underperform” rating and set a $51.00 price target on shares of Exelon in a research report on Wednesday, January 21st. UBS Group lowered their price objective on Exelon from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. KeyCorp set a $39.00 price objective on shares of Exelon in a research report on Friday, December 12th. Finally, Royal Bank Of Canada began coverage on Exelon in a research note on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Exelon presently has a consensus rating of “Hold” and a consensus target price of $49.93.

Exelon Price Performance

Shares of NASDAQ EXC opened at $48.48 on Tuesday. The firm has a 50-day moving average of $44.21 and a two-hundred day moving average of $44.90. The company has a market capitalization of $49.59 billion, a price-to-earnings ratio of 17.76, a PEG ratio of 2.84 and a beta of 0.45. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $48.72.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The business had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.42 billion. During the same quarter last year, the company posted $0.64 EPS. Exelon’s revenue for the quarter was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts expect that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is currently 58.61%.

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.