Mediolanum International Funds Ltd Grows Position in Exelon Corporation $EXC

Mediolanum International Funds Ltd grew its holdings in Exelon Corporation (NASDAQ:EXC) by 655.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 200,383 shares of the company’s stock after buying an additional 173,864 shares during the period. Mediolanum International Funds Ltd’s holdings in Exelon were worth $9,841,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Caxton Associates LLP acquired a new stake in Exelon in the 1st quarter valued at about $286,000. Woodline Partners LP boosted its holdings in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Exelon during the 2nd quarter worth approximately $2,448,000. Gamco Investors INC. ET AL acquired a new position in shares of Exelon during the 2nd quarter worth approximately $645,000. Finally, Treasurer of the State of North Carolina grew its position in shares of Exelon by 3.1% in the second quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after purchasing an additional 14,240 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EXC has been the subject of several recent research reports. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Wells Fargo & Company set a $50.00 price objective on Exelon in a research note on Tuesday, April 21st. Jefferies Financial Group cut 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. KeyCorp cut their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada reduced their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $50.33.

Exelon Stock Performance

Exelon stock opened at $46.26 on Monday. The firm has a 50 day simple moving average of $45.92 and a 200-day simple moving average of $46.39. The stock has a market cap of $47.33 billion, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31. 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 Corporation has a 1-year low of $42.58 and a 1-year high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. During the same quarter in the previous year, the company earned $0.92 EPS. The business’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. On average, analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is 61.54%.

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.