Capital World Investors Boosts Position in Exelon Corporation $EXC

Capital World Investors increased its stake in Exelon Corporation (NASDAQ:EXCFree Report) by 807.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,100,575 shares of the company’s stock after buying an additional 8,987,453 shares during the period. Capital World Investors owned 1.00% of Exelon worth $440,284,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Optima Capital LLC purchased a new position in Exelon in the 4th quarter worth about $25,000. Beacon Financial Strategies CORP purchased a new position in Exelon in the 4th quarter worth about $26,000. Leonteq Securities AG purchased a new position in Exelon in the 4th quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after buying an additional 578 shares during the period. Finally, Jackson Grant Investment Advisers Inc. increased its stake in Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock worth $36,000 after buying an additional 732 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. BMO Capital Markets reiterated a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a report on Tuesday, April 21st. TD Cowen dropped their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. UBS Group increased their target price on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Weiss Ratings upgraded shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $50.27.

Get Our Latest Research Report on Exelon

Exelon Price Performance

Shares of Exelon stock opened at $45.75 on Monday. Exelon Corporation has a 1 year low of $42.11 and a 1 year high of $50.65. The stock 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. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The firm’s 50-day moving average is $46.52 and its two-hundred day moving average is $45.99.

Exelon (NASDAQ:EXCGet Free Report) last released 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. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period 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. As a group, research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued 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

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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