Rakuten Investment Management Inc. Makes New $11.62 Million Investment in Exelon Corporation $EXC

Rakuten Investment Management Inc. acquired a new position in shares of Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, HoldingsChannel reports. The fund acquired 246,508 shares of the company’s stock, valued at approximately $11,623,000.

Other hedge funds also recently modified their holdings of the company. Resonant Capital Advisors LLC grew its holdings in Exelon by 2.4% in the first quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock worth $460,000 after purchasing an additional 217 shares during the period. PFG Investments LLC raised its holdings in shares of Exelon by 1.6% during the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after purchasing an additional 218 shares during the period. Texas Bank & Trust Co raised its holdings in shares of Exelon by 1.5% during the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after purchasing an additional 229 shares during the period. Westfuller Advisors LLC boosted its position in shares of Exelon by 12.5% during the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock worth $103,000 after purchasing an additional 232 shares in the last quarter. Finally, HighPoint Advisor Group LLC boosted its position in shares of Exelon by 0.3% during the 4th quarter. HighPoint Advisor Group LLC now owns 82,907 shares of the company’s stock worth $3,614,000 after purchasing an additional 242 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EXC. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Truist Financial cut their price target on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Morgan Stanley reduced their price objective on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. KeyCorp decreased their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Finally, TD Cowen lowered their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $50.07.

Exelon Trading Down 0.1%

NASDAQ:EXC opened at $43.93 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65. The company has a market cap of $45.35 billion, a PE ratio of 16.09, a PEG ratio of 2.66 and a beta of 0.31. The firm has a 50-day moving average of $46.08 and a 200-day moving average of $46.69.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. Exelon’s revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s dividend payout ratio is 61.54%.

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.