Mitsubishi UFJ Asset Management Co. Ltd. Acquires 94,740 Shares of Exelon Corporation $EXC

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 4.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,122,693 shares of the company’s stock after buying an additional 94,740 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.21% of Exelon worth $95,542,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Allianz Asset Management GmbH raised its position in Exelon by 170.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after buying an additional 2,841,118 shares during the last quarter. ATLAS Infrastructure Partners UK Ltd. grew its stake in shares of Exelon by 3.6% during the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock worth $260,685,000 after acquiring an additional 208,242 shares in the last quarter. Maryland State Retirement & Pension System grew its stake in shares of Exelon by 3.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after acquiring an additional 28,443 shares in the last quarter. First Citizens Bank & Trust Co. acquired a new stake in shares of Exelon in the third quarter valued at approximately $10,875,000. Finally, Exchange Traded Concepts LLC lifted its position in shares of Exelon by 92.9% in the third quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock worth $2,418,000 after purchasing an additional 25,863 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on EXC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Exelon in a research report on Friday, October 31st. KeyCorp set a $39.00 price objective on shares of Exelon in a research note on Friday, December 12th. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. BMO Capital Markets increased their price target on Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, Wolfe Research downgraded Exelon from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $50.14.

Exelon Trading Up 1.4%

Shares of NASDAQ:EXC opened at $49.47 on Friday. Exelon Corporation has a 52-week low of $41.71 and a 52-week high of $49.88. The company has a market capitalization of $50.60 billion, a P/E ratio of 18.12, a price-to-earnings-growth ratio of 2.85 and a beta of 0.45. The company has a 50-day simple moving average of $45.02 and a 200 day simple moving average of $45.10. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current 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 issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.68 annualized dividend and a yield of 3.4%. This is a positive change from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is 58.61%.

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.