1,113,122 Shares in Exelon Corporation $EXC Purchased by Capital World Investors

Capital World Investors purchased a new stake in shares of Exelon Corporation (NASDAQ:EXCFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,113,122 shares of the company’s stock, valued at approximately $50,102,000.

A number of other hedge funds have also recently bought and sold shares of EXC. Capital International Inc. CA bought a new position in shares of Exelon in the third quarter valued at $1,206,000. Bank of Montreal Can increased its holdings in Exelon by 3.4% during the third quarter. Bank of Montreal Can now owns 2,770,974 shares of the company’s stock worth $124,722,000 after buying an additional 91,117 shares during the last quarter. Legal & General Group Plc raised its position in Exelon by 0.7% during the third quarter. Legal & General Group Plc now owns 12,943,161 shares of the company’s stock worth $582,572,000 after acquiring an additional 88,634 shares in the last quarter. Banque Cantonale Vaudoise raised its holdings in shares of Exelon by 85.0% in the 3rd quarter. Banque Cantonale Vaudoise now owns 104,115 shares of the company’s stock valued at $4,687,000 after purchasing an additional 47,834 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in Exelon by 20.2% in the third quarter. Russell Investments Group Ltd. now owns 2,460,545 shares of the company’s stock valued at $110,685,000 after buying an additional 414,193 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EXC has been the topic of several research analyst reports. Scotiabank increased their price objective on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research report on Friday, February 13th. Wells Fargo & Company upped their target price on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Jefferies Financial Group lowered their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Morgan Stanley reissued an “underperform” rating and issued a $51.00 target price on shares of Exelon in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada started coverage on Exelon in a research note on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price target for the company. 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 stock. According to MarketBeat.com, Exelon currently has an average rating of “Hold” and an average target price of $50.93.

Check Out Our Latest Report on EXC

Exelon Price Performance

Exelon stock opened at $49.48 on Friday. The stock has a market capitalization of $50.61 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 2.84 and a beta of 0.45. Exelon Corporation has a 52-week low of $41.71 and a 52-week high of $49.88. The stock’s 50 day moving average price is $46.00 and its two-hundred day moving average price is $45.38. 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:EXCGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same period last year, the company posted $0.64 earnings per share. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts predict that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.4%. This is an increase from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. Exelon’s payout ratio is presently 61.54%.

About Exelon

(Free Report)

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.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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