Bank of New York Mellon Corp Grows Stock Position in Exelon Corporation $EXC

Bank of New York Mellon Corp increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,363,717 shares of the company’s stock after purchasing an additional 434,884 shares during the quarter. Bank of New York Mellon Corp’s holdings in Exelon were worth $582,524,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Capital Innovations LLC purchased a new position in Exelon during the fourth quarter worth about $3,377,000. Natixis Advisors LLC increased its stake in Exelon by 0.4% during the fourth quarter. Natixis Advisors LLC now owns 664,626 shares of the company’s stock worth $28,971,000 after acquiring an additional 2,899 shares during the last quarter. Root Financial Partners LLC increased its stake in Exelon by 157.2% during the fourth quarter. Root Financial Partners LLC now owns 1,705 shares of the company’s stock worth $74,000 after acquiring an additional 1,042 shares during the last quarter. COFG Advisors LLC acquired a new stake in Exelon during the fourth quarter worth about $697,000. Finally, New Mexico Educational Retirement Board increased its stake in Exelon by 2.2% during the fourth quarter. New Mexico Educational Retirement Board now owns 46,559 shares of the company’s stock worth $2,030,000 after acquiring an additional 1,000 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of NASDAQ EXC opened at $45.08 on Thursday. Exelon Corporation has a fifty-two week low of $42.11 and a fifty-two week high of $50.65. The business has a 50 day moving average price of $46.62 and a two-hundred day moving average price of $46.01. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The firm has a market cap of $46.13 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 2.61 and a beta of 0.31.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same quarter last year, the firm earned $0.92 EPS. Exelon’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio is currently 61.54%.

Analyst Upgrades and Downgrades

EXC has been the subject of several research analyst reports. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $50.00 to $49.00 in a research note on Friday, April 17th. Mizuho set a $48.00 price target on Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. KeyCorp dropped their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Morgan Stanley dropped their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Finally, BMO Capital Markets restated a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $50.27.

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.