119,770,685 Shares in Exelon Corporation $EXC Acquired by BlackRock Inc.

Key Points

• BlackRock acquired 119.8 million Exelon shares worth approximately $5.58 billion, giving it an 11.6% stake. Institutional investors collectively own 80.92% of Exelon.
• Exelon’s latest quarterly revenue rose 10% year over year to $5.97 billion, exceeding estimates, while EPS of $0.43 narrowly missed expectations. The company maintained 2026 EPS guidance of $2.81–$2.91.
• Exelon declared a quarterly dividend of $0.42, equivalent to $1.68 annually and a 3.7% yield. Analysts have a consensus “Hold” rating with an average price target of $50.20, compared with a recent share price of $45.57.

BlackRock Inc. purchased a new position in shares of Exelon Corporation (NASDAQ:EXC - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 119,770,685 shares of the company's stock, valued at approximately $5,583,709,000. BlackRock Inc. owned about 11.60% of Exelon at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EXC. Caxton Associates LLP bought a new position in Exelon during the 1st quarter worth $286,000. Woodline Partners LP lifted its position in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company's stock valued at $3,913,000 after acquiring an additional 24,580 shares during the period. Jump Financial LLC acquired a new stake in shares of Exelon during the 2nd quarter worth $2,448,000. Gamco Investors INC. ET AL bought a new position in shares of Exelon in the second quarter worth $645,000. Finally, Treasurer of the State of North Carolina increased its position in shares of Exelon by 3.1% in the second quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company's stock worth $20,502,000 after purchasing an additional 14,240 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Down 0.6%

Shares of Exelon stock opened at $45.57 on Tuesday. The firm's 50 day moving average is $46.32 and its 200 day moving average is $46.69. The firm has a market capitalization of $47.04 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 2.77 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.

Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the company posted $0.39 earnings per share. The firm's quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 4th. Exelon's dividend payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wells Fargo & Company set a $50.00 price target on shares of Exelon in a report on Tuesday, April 21st. KeyCorp decreased their price objective on shares of Exelon from $43.00 to $41.00 and set an "underweight" rating on the stock in a research note on Wednesday, May 13th. Truist Financial lowered their price objective on shares of Exelon from $50.00 to $48.00 and set a "hold" rating for the company in a research report on Thursday. TD Cowen cut their target price on Exelon from $51.00 to $49.00 and set a "hold" rating for the company in a research note on Friday, May 15th. Finally, Weiss Ratings cut Exelon from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned 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 price target of $50.20.

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.

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