Cornerstone Planning LLC Makes New Investment in Exelon Corporation $EXC

Cornerstone Planning LLC bought a new position in Exelon Corporation (NASDAQ:EXC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,555 shares of the company’s stock, valued at approximately $812,000.

Other large investors have also made changes to their positions in the company. Capital International Investors purchased a new position in Exelon during the 4th quarter valued at about $738,333,000. Norges Bank purchased a new stake in shares of Exelon in the fourth quarter worth approximately $617,974,000. Capital World Investors lifted its position in shares of Exelon by 807.4% in the fourth quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock worth $440,284,000 after purchasing an additional 8,987,453 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Exelon by 32.9% in the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after purchasing an additional 5,554,494 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd boosted its holdings in shares of Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after purchasing an additional 3,554,891 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of EXC opened at $45.81 on Friday. The company’s fifty day moving average is $45.88 and its 200-day moving average is $45.96. Exelon Corporation has a 12 month low of $42.23 and a 12 month high of $50.65. The firm has a market cap of $46.87 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. 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 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. 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 quarter last year, the firm earned $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 fiscal year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given a $0.42 dividend. The ex-dividend date of this dividend was 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 Analyst Weigh In

Several research analysts have weighed in on EXC shares. Wells Fargo & Company set a $50.00 price objective on shares of Exelon in a research note on Tuesday, April 21st. Truist Financial decreased their target price on shares of Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Morgan Stanley lowered their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Weiss Ratings raised shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Finally, Royal Bank Of Canada dropped their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Exelon currently has a consensus rating of “Hold” and an average target price 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.