Cibc World Market Inc. Buys 43,531 Shares of Exelon Corporation $EXC

Cibc World Market Inc. raised its stake in Exelon Corporation (NASDAQ:EXC) by 38.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 157,590 shares of the company’s stock after purchasing an additional 43,531 shares during the quarter. Cibc World Market Inc.’s holdings in Exelon were worth $6,869,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Optima Capital LLC bought a new stake in Exelon in the 4th quarter valued at $25,000. Beacon Financial Strategies CORP bought a new stake in Exelon in the 4th quarter valued at $26,000. Leonteq Securities AG bought a new stake in Exelon in the 4th quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after acquiring an additional 578 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its holdings in Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock valued at $36,000 after acquiring an additional 732 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Performance

Shares of NASDAQ:EXC opened at $45.75 on Monday. Exelon Corporation has a 52 week low of $42.11 and a 52 week high of $50.65. The stock has a market capitalization of $46.81 billion, a P/E ratio of 16.76, a PEG ratio of 2.65 and a beta of 0.31. The firm has a fifty day simple moving average of $46.52 and a two-hundred day simple moving average of $45.99. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $6.93 billion. During the same period last year, the company posted $0.92 EPS. The business’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. On average, 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 paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on EXC shares. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $50.00 to $49.00 in a report on Friday, April 17th. Wells Fargo & Company set a $50.00 price objective on shares of Exelon in a research note on Tuesday, April 21st. Citigroup began coverage on shares of Exelon in a research note on Thursday, March 26th. They issued a “buy” rating and a $58.00 price objective for the company. UBS Group lifted their price objective on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, TD Cowen dropped their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $50.27.

Exelon Company 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.