Victory Capital Management Inc. Increases Position in Exelon Corporation $EXC

Victory Capital Management Inc. lifted its stake in Exelon Corporation (NASDAQ:EXC) by 1.5% in the 3rd quarter, Holdings Channel reports. The firm owned 2,346,697 shares of the company’s stock after purchasing an additional 34,854 shares during the quarter. Victory Capital Management Inc.’s holdings in Exelon were worth $105,625,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EXC. LRI Investments LLC increased its holdings in Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after buying an additional 392 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Exelon in the 2nd quarter worth approximately $29,000. Root Financial Partners LLC acquired a new stake in shares of Exelon in the 3rd quarter worth approximately $30,000. Steigerwald Gordon & Koch Inc. purchased a new position in Exelon in the 3rd quarter valued at approximately $32,000. Finally, Motco raised its holdings in Exelon by 1,008.7% during the third quarter. Motco now owns 765 shares of the company’s stock worth $34,000 after purchasing an additional 696 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

EXC has been the topic of several research reports. UBS Group upped their target price on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Wells Fargo & Company increased their price objective on shares of Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Royal Bank Of Canada began coverage on shares of Exelon in a research report on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 target price for the company. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, KeyCorp raised their price objective on shares of Exelon from $39.00 to $44.00 and gave the stock an “underweight” rating in a research note on Wednesday. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and a consensus price target of $50.50.

Exelon Trading Up 0.6%

Shares of EXC stock opened at $49.25 on Thursday. The company has a market capitalization of $50.38 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 2.85 and a beta of 0.45. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm has a 50-day moving average price of $45.35 and a 200 day moving average price of $45.20. Exelon Corporation has a twelve month low of $41.71 and a twelve month high of $49.88.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The company’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio is currently 61.54%.

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.