30,616 Shares in Exelon Corporation $EXC Acquired by Harrison Street Private Wealth LLC

Harrison Street Private Wealth LLC purchased a new position in Exelon Corporation (NASDAQ:EXC) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 30,616 shares of the company’s stock, valued at approximately $1,501,000. Exelon comprises approximately 2.0% of Harrison Street Private Wealth LLC’s holdings, making the stock its 20th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors acquired a new position in Exelon in the 4th quarter worth approximately $738,333,000. Norges Bank purchased a new stake in shares of Exelon during the fourth quarter worth about $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 valued at $440,284,000 after acquiring an additional 8,987,453 shares in the last quarter. Lazard Asset Management LLC boosted its stake 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 purchasing an additional 5,554,494 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its stake in Exelon by 69.0% during the 4th quarter. Allianz Asset Management GmbH now owns 7,612,010 shares of the company’s stock valued at $331,808,000 after acquiring an additional 3,107,644 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Trading Up 3.5%

EXC opened at $47.88 on Friday. 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 Corporation has a 52 week low of $42.47 and a 52 week high of $50.65. The business’s 50 day moving average is $45.72 and its two-hundred day moving average is $46.16. The firm has a market cap of $48.99 billion, a price-to-earnings ratio of 17.54, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data 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. The company 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 firm posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

EXC has been the topic of several analyst reports. Royal Bank Of Canada reduced their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $50.00 to $49.00 in a research report on Friday, April 17th. Mizuho set a $48.00 price target on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. TD Cowen cut their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Four investment 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 data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $50.27.

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.