California State Teachers Retirement System Purchases 95,219,410 Shares of Exelon Corporation $EXC

Key Points

• California State Teachers Retirement System increased its Exelon position by 95.2 million shares, bringing its total ownership to 96.8 million shares, or approximately 9.38% of the company, valued at $4.51 billion.
• Exelon reported quarterly revenue of $5.97 billion, up 10% year over year and above estimates, though adjusted EPS of $0.43 narrowly missed expectations. The company maintained fiscal 2026 EPS guidance of $2.81–$2.91.
• Exelon declared a quarterly dividend of $0.42 per share, equivalent to an annualized yield of about 3.8%. Analysts maintain a consensus “Hold” rating, with an average price target of $50.07.

California State Teachers Retirement System raised its position in shares of Exelon Corporation (NASDAQ:EXC - Free Report) by 5,978.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 96,812,071 shares of the company's stock after buying an additional 95,219,410 shares during the quarter. California State Teachers Retirement System owned about 9.38% of Exelon worth $4,513,379,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Motiv8 Investments LLC purchased a new stake in shares of Exelon in the 4th quarter worth about $25,000. Leonteq Securities AG purchased a new position in Exelon during the 4th quarter valued at about $26,000. Bell Investment Advisors Inc boosted its stake in Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company's stock worth $26,000 after acquiring an additional 287 shares in the last quarter. SHP Wealth Management bought a new stake in Exelon during the fourth quarter worth about $26,000. Finally, Eastern Bank purchased a new stake in Exelon in the second quarter worth about $26,000. Institutional investors own 80.92% of the company's stock.

Exelon Stock Down 0.6%

Exelon stock opened at $43.70 on Thursday. The firm has a market cap of $45.11 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 2.40 and a beta of 0.30. The stock has a fifty day simple moving average of $45.62 and a two-hundred day simple moving average of $46.53. Exelon Corporation has a 12 month low of $42.58 and a 12 month 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 analysts' consensus estimates of $0.44 by ($0.01). The business had revenue of $5.97 billion for 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%. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts predict that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be given a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon's payout ratio is 61.54%.

Analysts Set New Price Targets

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

Exelon Profile

Exelon Corporation NASDAQ: EXC is a regulated utility company that delivers electricity and natural gas to residential, commercial and industrial customers. Its operations are focused primarily on the transmission and distribution of energy, along with related customer, infrastructure and energy-efficiency services.

Exelon operates through six utility companies: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Together, these utilities serve customers across Illinois, Maryland, Delaware, New Jersey, Pennsylvania and the District of Columbia.

The company was formed in 2000 through the merger of PECO Energy and Unicom, the parent company of Commonwealth Edison.

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