Capital International Investors Takes $738.33 Million Position in Exelon Corporation $EXC

Capital International Investors purchased a new stake in Exelon Corporation (NASDAQ:EXC) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 16,938,125 shares of the company’s stock, valued at approximately $738,333,000.

A number of other hedge funds also recently made changes to their positions in EXC. Norges Bank acquired a new stake in shares of Exelon in the 4th quarter valued at approximately $617,974,000. Lazard Asset Management LLC boosted its position in 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 buying an additional 5,554,494 shares during the period. ANTIPODES PARTNERS Ltd boosted its position in Exelon by 134,604.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after buying an additional 3,554,891 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in Exelon during the 4th quarter worth approximately $119,749,000. Finally, Man Group plc boosted its position in Exelon by 99.4% during the 2nd quarter. Man Group plc now owns 3,034,725 shares of the company’s stock worth $131,768,000 after buying an additional 1,512,552 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on EXC shares. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Mizuho set a $48.00 target price on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. Morgan Stanley cut 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 report on Tuesday, April 21st. Scotiabank lifted their target price on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. Finally, KeyCorp cut their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $50.27.

Exelon Price Performance

Exelon stock opened at $45.75 on Monday. 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 50 day moving average price of $46.52 and a two-hundred day moving average price of $45.99. The firm has a market cap of $46.81 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 2.65 and a beta of 0.31.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. 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 business earned $0.92 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts predict 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. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.7%. Exelon’s dividend payout ratio (DPR) is presently 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.