Exelon Corporation $EXC Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its holdings in Exelon Corporation (NASDAQ:EXC) by 13.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,573,635 shares of the company’s stock after buying an additional 309,853 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.25% of Exelon worth $115,839,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Exelon by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 129,992,051 shares of the company’s stock worth $5,644,255,000 after acquiring an additional 2,075,014 shares during the period. State Street Corp increased its holdings in shares of Exelon by 4.0% during the second quarter. State Street Corp now owns 64,077,850 shares of the company’s stock valued at $2,782,260,000 after purchasing an additional 2,491,064 shares during the period. Geode Capital Management LLC raised its stake in shares of Exelon by 3.4% during the second quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock valued at $1,209,229,000 after purchasing an additional 931,897 shares in the last quarter. Invesco Ltd. lifted its holdings in Exelon by 7.4% in the second quarter. Invesco Ltd. now owns 14,826,137 shares of the company’s stock worth $643,751,000 after purchasing an additional 1,023,874 shares during the period. Finally, Norges Bank acquired a new stake in Exelon in the second quarter worth about $589,122,000. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of EXC opened at $43.84 on Wednesday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85. The firm’s 50 day moving average is $44.92 and its 200-day moving average is $44.66. Exelon Corporation has a 12-month low of $37.13 and a 12-month high of $48.51. The stock has a market capitalization of $44.29 billion, a P/E ratio of 15.71, a P/E/G ratio of 2.56 and a beta of 0.46.

Exelon (NASDAQ:EXC) last issued its earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion during the quarter, compared to analysts’ expectations of $6.40 billion. Exelon had a net margin of 11.60% and a return on equity of 10.28%. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities research analysts anticipate that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, November 10th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, November 10th. Exelon’s payout ratio is presently 57.35%.

Wall Street Analysts Forecast Growth

Several research firms have commented on EXC. Barclays raised their target price on shares of Exelon from $48.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. BTIG Research initiated coverage on shares of Exelon in a report on Tuesday, October 21st. They issued a “neutral” rating for the company. Morgan Stanley reiterated an “underperform” rating and set a $52.00 price objective on shares of Exelon in a research note on Thursday, November 20th. Jefferies Financial Group set a $57.00 target price on Exelon in a report on Wednesday, October 15th. Finally, JPMorgan Chase & Co. decreased their price target on Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $49.75.

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.