Northwestern Mutual Wealth Management Co. Has $29.04 Million Holdings in Exelon Corporation $EXC

Northwestern Mutual Wealth Management Co. lifted its holdings in Exelon Corporation (NASDAQ:EXC) by 928.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 666,255 shares of the company’s stock after acquiring an additional 601,478 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Exelon were worth $29,042,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of EXC. Optima Capital LLC acquired a new position in shares of Exelon in the 4th quarter worth approximately $25,000. LRI Investments LLC raised its position in Exelon by 210.8% in the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after purchasing an additional 392 shares during the last quarter. Beacon Financial Strategies CORP bought a new position in Exelon in the 4th quarter worth approximately $26,000. Root Financial Partners LLC bought a new position in Exelon in the 3rd quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after purchasing an additional 578 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. TD Cowen dropped their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday. Weiss Ratings upgraded shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Truist Financial began coverage on shares of Exelon in a research report on Monday, April 20th. They issued a “hold” rating and a $50.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Finally, UBS Group upped their target price on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.33.

Exelon Price Performance

Shares of EXC stock opened at $43.97 on Tuesday. Exelon Corporation has a 12-month low of $42.11 and a 12-month high of $50.65. The firm has a market capitalization of $44.99 billion, a price-to-earnings ratio of 16.11, a price-to-earnings-growth ratio of 2.51 and a beta of 0.32. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The firm has a fifty day moving average of $47.44 and a 200-day moving average of $46.06.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Thursday, June 4th. 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.