OMERS ADMINISTRATION Corp Makes New $2.80 Million Investment in Exelon Corporation $EXC

OMERS ADMINISTRATION Corp bought a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 60,102 shares of the company’s stock, valued at approximately $2,802,000.

A number of other large investors also recently made changes to their positions in EXC. Leigh Baldwin & CO. LLC bought a new stake in Exelon during the second quarter worth $317,000. Osmosis Investment Management UK Ltd bought a new position in Exelon during the second quarter worth about $687,000. Sanctuary Advisors LLC bought a new position in Exelon in the 2nd quarter worth approximately $1,660,000. Covington Investment Advisors Inc. bought a new position in shares of Exelon in the second quarter worth $2,271,000. Finally, Capital Square LLC purchased a new position in Exelon during the 2nd quarter valued at about $283,000. 80.92% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Morgan Stanley reduced their target price on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Truist Financial decreased their price target on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. KeyCorp decreased their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Finally, TD Cowen decreased their target price on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Exelon has an average rating of “Hold” and a consensus price target of $50.07.

Exelon Price Performance

NASDAQ EXC opened at $44.31 on Wednesday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The stock has a 50-day moving average of $46.17 and a 200 day moving average of $46.71. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65. The company has a market capitalization of $45.74 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 2.68 and a beta of 0.31.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the previous year, the company earned $0.39 EPS. Exelon’s revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a $0.42 dividend. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s payout ratio is presently 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.