ABN Amro Investment Solutions Purchases 17,017 Shares of Exelon Corporation $EXC

ABN Amro Investment Solutions raised its position in Exelon Corporation (NASDAQ:EXC) by 14.5% during the first quarter, Holdings Channel reports. The firm owned 134,220 shares of the company’s stock after purchasing an additional 17,017 shares during the period. ABN Amro Investment Solutions’ holdings in Exelon were worth $6,579,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. ASR Vermogensbeheer N.V. grew its position in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after purchasing an additional 60,250 shares during the period. B. Metzler seel. Sohn & Co. AG lifted its stake in shares of Exelon by 26.9% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock valued at $9,393,000 after buying an additional 45,723 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Exelon by 19.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock valued at $25,404,000 after buying an additional 93,682 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Exelon by 18.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock valued at $25,339,000 after buying an additional 89,822 shares during the last quarter. Finally, Ledyard National Bank grew its holdings in shares of Exelon by 616.8% during the fourth quarter. Ledyard National Bank now owns 43,926 shares of the company’s stock valued at $1,915,000 after buying an additional 37,798 shares during the last quarter. 80.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of analyst reports. Morgan Stanley lowered their target price 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. TD Cowen cut their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Mizuho set a $48.00 price objective on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. Truist Financial increased their price objective on Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, July 16th. Finally, Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and dropped their target price for the company from $55.00 to $50.00 in a report on Monday, April 20th. 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 data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $50.33.

Exelon Stock Up 1.8%

EXC opened at $46.70 on Thursday. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The firm has a market capitalization of $47.78 billion, a P/E ratio of 17.11, a PEG ratio of 2.66 and a beta of 0.31. The company’s 50-day moving average is $46.02 and its 200 day moving average is $46.45. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

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 analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $7.24 billion during 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%. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio is currently 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.