Daiwa Securities Group Inc. Has $17.65 Million Stock Holdings in Exelon Corporation $EXC

Daiwa Securities Group Inc. grew its holdings in Exelon Corporation (NASDAQ:EXC) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 404,791 shares of the company’s stock after buying an additional 16,931 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Exelon were worth $17,645,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Plimoth Trust Co. LLC grew its holdings in Exelon by 1.8% during the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after acquiring an additional 230 shares during the last quarter. Verdence Capital Advisors LLC grew its holdings in Exelon by 2.8% during the 4th quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock worth $376,000 after acquiring an additional 233 shares during the last quarter. Waterloo Capital L.P. grew its holdings in Exelon by 2.7% during the 3rd quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock worth $408,000 after acquiring an additional 236 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in Exelon by 2.2% during the 3rd quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock worth $498,000 after acquiring an additional 240 shares during the last quarter. Finally, Seeds Investor LLC grew its holdings in Exelon by 2.6% during the 4th quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock worth $416,000 after acquiring an additional 241 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

EXC has been the topic of a number of research analyst reports. Royal Bank Of Canada decreased their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Scotiabank raised their target price on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research note on Friday, February 13th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. TD Cowen reduced their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Finally, Morgan Stanley reduced their target price 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. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $50.27.

Exelon Stock Up 2.5%

Shares of NASDAQ EXC opened at $45.75 on Friday. The firm has a market capitalization of $46.81 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 2.59 and a beta of 0.31. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Exelon Corporation has a 1 year low of $42.11 and a 1 year high of $50.65. The firm’s 50-day moving average is $46.52 and its 200-day moving average is $46.00.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results 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. The business had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. Exelon’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the company posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts expect that Exelon Corporation will post 2.86 EPS for the current 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 $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

About Exelon

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.