Bank of Montreal Can Buys 91,117 Shares of Exelon Corporation $EXC

Key Points

• Bank of Montreal Can raised its Exelon stake by 3.4% in Q3, buying 91,117 shares to hold 2,770,974 shares (about $124.7M), and institutional ownership of Exelon is roughly 80.92% with large recent purchases by Norges Bank, Antipodes, CPP, Allianz and State Street.
• Exelon increased its quarterly dividend to $0.42 (annualized $1.68, ~3.4% yield) and reported a quarterly EPS beat ($0.59 vs. $0.55) while setting FY2026 guidance of 2.810–2.910 EPS; analysts' consensus rating is Hold with an average price target of $50.50.

Bank of Montreal Can lifted its stake in Exelon Corporation (NASDAQ:EXC - Free Report) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,770,974 shares of the company's stock after purchasing an additional 91,117 shares during the quarter. Bank of Montreal Can owned 0.27% of Exelon worth $124,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Exelon during the second quarter valued at approximately $589,122,000. ANTIPODES PARTNERS Ltd lifted its position in Exelon by 134,604.0% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company's stock valued at $160,137,000 after acquiring an additional 3,554,891 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in Exelon by 164.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 5,593,627 shares of the company's stock valued at $242,875,000 after purchasing an additional 3,476,942 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company's stock valued at $202,742,000 after purchasing an additional 2,841,118 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of Exelon by 4.0% in the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company's stock worth $2,782,260,000 after purchasing an additional 2,491,064 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of research analyst reports. Barclays lowered their price target on Exelon from $52.00 to $50.00 and set an "overweight" rating on the stock in a report on Thursday, January 22nd. Jefferies Financial Group reduced their price objective on Exelon from $57.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, January 27th. Wall Street Zen raised Exelon from a "sell" rating to a "hold" rating in a research report on Sunday, February 22nd. Royal Bank Of Canada initiated coverage on shares of Exelon in a research note on Wednesday, January 7th. They set a "sector perform" rating and a $51.00 target price on the stock. Finally, Morgan Stanley reiterated an "underperform" rating and issued a $51.00 price target on shares of Exelon in a research note on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $50.50.

Exelon Stock Performance

EXC stock opened at $48.84 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84. Exelon Corporation has a 1 year low of $41.71 and a 1 year high of $49.88. The company has a market cap of $49.96 billion, a P/E ratio of 17.89, a price-to-earnings-growth ratio of 2.85 and a beta of 0.45. The stock's fifty day moving average price is $45.88 and its 200-day moving average price is $45.35.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The business's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Exelon's previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.4%. 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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