Deutsche Bank AG lifted its holdings in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 2.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,964,736 shares of the company’s stock after buying an additional 595,655 shares during the period. Deutsche Bank AG’s holdings in Exelon were worth $913,853,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of EXC. ASR Vermogensbeheer N.V. increased its holdings in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after purchasing an additional 60,250 shares in the last quarter. Nordea Investment Management AB increased its holdings in Exelon by 14.6% in the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after purchasing an additional 1,024,106 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in Exelon by 36.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 83,551 shares of the company’s stock worth $3,761,000 after purchasing an additional 22,256 shares in the last quarter. B. Metzler seel. Sohn & Co. AG increased its holdings in Exelon by 26.9% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after purchasing an additional 45,723 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in Exelon by 19.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after purchasing an additional 93,682 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on EXC shares. Citigroup started coverage on Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price for the company. JPMorgan Chase & Co. upped their target price on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. KeyCorp lowered their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Morgan Stanley lowered their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Finally, Jefferies Financial Group cut Exelon from a “buy” rating to a “hold” rating and lowered their target price for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Four equities research 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $50.27.
Exelon Trading Up 1.2%
NASDAQ EXC opened at $45.33 on Wednesday. The business’s 50-day moving average price is $46.39 and its two-hundred day moving average price is $45.98. Exelon Corporation has a 12 month low of $42.15 and a 12 month high of $50.65. The firm has a market capitalization of $46.38 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 2.60 and a beta of 0.31. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.
Exelon (NASDAQ:EXC – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.93 billion. During the same quarter in the previous year, the company posted $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. On average, analysts expect 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 Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s payout ratio is 61.54%.
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.
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