AIA Group Ltd Acquires 73,673 Shares of Exelon Corporation $EXC

AIA Group Ltd boosted its holdings in Exelon Corporation (NASDAQ:EXC) by 108.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 141,338 shares of the company’s stock after acquiring an additional 73,673 shares during the period. AIA Group Ltd’s holdings in Exelon were worth $6,362,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Keel Point LLC raised its holdings in Exelon by 31.6% in the 3rd quarter. Keel Point LLC now owns 6,380 shares of the company’s stock valued at $287,000 after acquiring an additional 1,532 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Exelon by 2.7% during the 3rd quarter. Allworth Financial LP now owns 26,167 shares of the company’s stock worth $1,178,000 after purchasing an additional 688 shares in the last quarter. Groupama Asset Managment bought a new position in shares of Exelon in the third quarter worth $929,000. Investment Research Partners LLC bought a new position in shares of Exelon in the third quarter worth $784,000. Finally, CIBC Private Wealth Group LLC raised its stake in Exelon by 28.2% in the third quarter. CIBC Private Wealth Group LLC now owns 19,846 shares of the company’s stock valued at $893,000 after purchasing an additional 4,363 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 1.6%

Shares of EXC stock opened at $49.25 on Thursday. The firm has a market capitalization of $50.38 billion, a P/E ratio of 18.04, a P/E/G ratio of 2.91 and a beta of 0.45. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $50.65. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The stock’s fifty day simple moving average is $46.50 and its 200 day simple moving average is $45.55.

Exelon (NASDAQ:EXC) last posted its earnings results 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 return on equity of 9.97% and a net margin of 11.41%.During the same period in the prior year, the firm earned $0.64 earnings per share. The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts predict that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a $0.42 dividend. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, March 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Wall Street Analyst Weigh In

EXC has been the subject of several recent analyst reports. Barclays cut their price objective on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Jefferies Financial Group dropped their target price on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. UBS Group upped their price target on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Mizuho increased their price target on shares of Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Finally, Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $50.93.

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.