Pinebridge Investments LLC Invests $20.70 Million in Exelon Corporation $EXC

Pinebridge Investments LLC bought a new position in shares of Exelon Corporation (NASDAQ:EXC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 474,937 shares of the company’s stock, valued at approximately $20,703,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Optima Capital LLC bought a new stake in shares of Exelon during the fourth quarter worth $25,000. Beacon Financial Strategies CORP bought a new stake in shares of Exelon during the fourth quarter worth $26,000. Leonteq Securities AG bought a new stake in shares of Exelon during the fourth quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Exelon by 289.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after purchasing an additional 578 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its position in shares of Exelon by 861.2% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock worth $36,000 after purchasing an additional 732 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Performance

EXC stock opened at $45.75 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The business has a 50-day moving average price of $46.52 and a 200 day moving average price of $46.00. The company has a market capitalization of $46.81 billion, a P/E ratio of 16.76, a PEG ratio of 2.65 and a beta of 0.31. 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 for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same period in the previous year, the company posted $0.92 earnings per share. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts forecast 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. Shareholders of record on Thursday, June 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s payout ratio is 61.54%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on EXC shares. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Royal Bank Of Canada decreased their price objective on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and decreased their price objective for the company from $55.00 to $50.00 in a report on Monday, April 20th. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Finally, UBS Group lifted their price objective on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $50.27.

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.