Chevy Chase Trust Holdings LLC Sells 18,517 Shares of Exelon Corporation $EXC

Chevy Chase Trust Holdings LLC trimmed its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 3.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 516,712 shares of the company’s stock after selling 18,517 shares during the quarter. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Exelon worth $23,257,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Exelon by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 130,522,986 shares of the company’s stock valued at $5,874,840,000 after acquiring an additional 530,935 shares in the last quarter. State Street Corp raised its position in shares of Exelon by 4.0% in the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after acquiring an additional 2,491,064 shares in the last quarter. Lazard Asset Management LLC lifted its stake in shares of Exelon by 32.9% during the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after purchasing an additional 5,554,494 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Exelon by 2.2% during the 3rd 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 last quarter. Finally, Invesco Ltd. boosted its position in Exelon by 5.6% during the third quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock valued at $704,825,000 after purchasing an additional 833,171 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

EXC has been the topic of several analyst reports. Mizuho lifted their target price on Exelon from $47.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. 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. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Barclays cut their price objective on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Finally, UBS Group increased their target price on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $50.93.

Exelon Price Performance

Shares of EXC stock opened at $50.29 on Tuesday. Exelon Corporation has a fifty-two week low of $41.71 and a fifty-two week high of $50.38. The firm has a market capitalization of $51.44 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 2.90 and a beta of 0.45. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. The stock’s 50-day simple moving average is $46.25 and its 200-day simple moving average is $45.48.

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

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were issued a $0.42 dividend. This is an increase from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, March 2nd. Exelon’s dividend payout ratio is 61.54%.

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.