MUFG Securities EMEA plc Buys 22,120 Shares of Exelon Corporation $EXC

MUFG Securities EMEA plc grew its stake in Exelon Corporation (NASDAQ:EXC) by 114.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,452 shares of the company’s stock after acquiring an additional 22,120 shares during the quarter. MUFG Securities EMEA plc’s holdings in Exelon were worth $1,807,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Optima Capital LLC bought a new stake in shares of Exelon in the 4th quarter valued at about $25,000. Beacon Financial Strategies CORP bought a new stake in shares of Exelon in the 4th quarter valued at about $26,000. Leonteq Securities AG bought a new stake in shares of Exelon in the 4th quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after acquiring an additional 578 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in shares of Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock valued at $36,000 after acquiring an additional 732 shares during the last quarter. 80.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EXC has been the subject of a number of recent analyst reports. Barclays cut Exelon from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Morgan Stanley lowered their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. KeyCorp lowered their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Finally, UBS Group increased their target price on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $50.27.

Exelon Price Performance

NASDAQ EXC opened at $44.71 on Tuesday. The business has a 50 day simple moving average of $46.69 and a 200 day simple moving average of $46.02. Exelon Corporation has a 52-week low of $42.11 and a 52-week high of $50.65. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. The stock has a market cap of $45.75 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 2.64 and a beta of 0.32.

Exelon (NASDAQ:EXC) last posted its earnings results 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. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. During the same period in the prior year, the business earned $0.92 EPS. Exelon’s revenue for the quarter was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) 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.