Exelon Corporation $EXC Holdings Lifted by CIBC Asset Management Inc

CIBC Asset Management Inc boosted its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 35.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 423,587 shares of the company’s stock after buying an additional 111,191 shares during the period. CIBC Asset Management Inc’s holdings in Exelon were worth $18,464,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Caxton Associates LLP acquired a new stake in shares of Exelon during the first quarter worth approximately $286,000. Woodline Partners LP increased its stake in Exelon by 40.7% in the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after buying an additional 24,580 shares during the period. Jump Financial LLC purchased a new stake in Exelon in the 2nd quarter worth approximately $2,448,000. Gamco Investors INC. ET AL purchased a new stake in Exelon in the 2nd quarter worth approximately $645,000. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after buying an additional 14,240 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $44.63 on Friday. The business’s 50-day simple moving average is $46.56 and its 200-day simple moving average is $46.00. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a 52 week low of $42.11 and a 52 week high of $50.65. The firm has a market cap of $45.67 billion, a price-to-earnings ratio of 16.35, a P/E/G ratio of 2.61 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $6.93 billion. During the same quarter in the prior year, the business earned $0.92 earnings per share. The company’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.8%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Morgan Stanley dropped their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Truist Financial lowered their target price on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. JPMorgan Chase & Co. boosted their price target on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.