Nomura Asset Management Co. Ltd. Has $36.25 Million Stake in Exelon Corporation $EXC

Nomura Asset Management Co. Ltd. boosted its stake in Exelon Corporation (NASDAQ:EXC) by 1.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 831,507 shares of the company’s stock after buying an additional 12,980 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Exelon were worth $36,245,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Optima Capital LLC bought a new stake in Exelon during the fourth quarter valued at $25,000. Beacon Financial Strategies CORP bought a new stake in Exelon during the fourth quarter valued at $26,000. Leonteq Securities AG bought a new stake in Exelon during the fourth quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Exelon by 289.0% during the fourth 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. boosted its position in Exelon by 861.2% during the fourth 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. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

EXC stock opened at $44.71 on Tuesday. The stock has a market capitalization of $45.75 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 2.64 and a beta of 0.32. The company’s 50-day moving average is $46.69 and its 200-day moving average is $46.02. 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 $42.11 and a 1 year high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings data 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 net margin of 11.21% and a return on equity of 9.83%. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. The business’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. Exelon’s payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on EXC. Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and cut their price target for the company from $55.00 to $50.00 in a research report on Monday, April 20th. BMO Capital Markets reaffirmed a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. JPMorgan Chase & Co. upped their price target on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Finally, Royal Bank Of Canada cut their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Exelon presently has a consensus rating of “Hold” and an average price target of $50.27.

Exelon 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.