Exelon Corporation $EXC Holdings Decreased by Bank of America Corp DE

Key Points

• Bank of America reduced its Exelon stake by 19.8% in the first quarter, selling 1.57 million shares and retaining 6.34 million shares valued at approximately $310.6 million. Institutional investors collectively own 80.92% of Exelon.
• Exelon reported second-quarter revenue of $5.97 billion, up 10% year over year and above expectations, while EPS of $0.43 narrowly missed consensus. Management reaffirmed its 2026 EPS guidance of $2.81–$2.91 and its roughly $41 billion five-year capital plan.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $50.33 price target. Exelon also reduced its data-center demand pipeline by 16%, although it maintained its 2029 investment plan and declared a quarterly dividend of $0.42 per share.

Bank of America Corp DE lessened its stake in Exelon Corporation (NASDAQ:EXC - Free Report) by 19.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,336,909 shares of the company's stock after selling 1,568,568 shares during the period. Bank of America Corp DE owned 0.62% of Exelon worth $310,635,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EXC. ASR Vermogensbeheer N.V. grew its holdings in Exelon by 28.4% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company's stock worth $11,867,000 after acquiring an additional 60,250 shares during the period. B. Metzler seel. Sohn & Co. AG lifted 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 valued at $9,393,000 after acquiring an additional 45,723 shares during the last quarter. Asset Management One Co. Ltd. lifted 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 valued at $25,404,000 after acquiring an additional 93,682 shares during the last quarter. Ledyard National Bank boosted its position in shares of Exelon by 616.8% during the 4th quarter. Ledyard National Bank now owns 43,926 shares of the company's stock valued at $1,915,000 after purchasing an additional 37,798 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Exelon by 18.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company's stock valued at $25,339,000 after purchasing an additional 89,822 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 analysts recently commented on the stock. Weiss Ratings downgraded shares of Exelon from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, July 9th. TD Cowen reduced 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. Jefferies Financial Group lowered shares of Exelon from a "buy" rating to a "hold" rating and decreased their price target for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Barclays cut Exelon from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $50.00 to $49.00 in a report on Friday, April 17th. Finally, Mizuho set a $48.00 price objective on Exelon and gave the company a "neutral" rating in a research report on Friday, April 17th. Four equities 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, the stock presently has a consensus rating of "Hold" and a consensus price target of $50.33.

More Exelon News

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Q2 revenue beat expectations. Exelon reported second-quarter revenue of $5.97 billion, up 10% year over year and ahead of the $5.44 billion consensus estimate. Adjusted EPS of $0.43 increased from $0.39 a year earlier and was generally described as in line with expectations. Exelon's Q2 Earnings In Line With Estimates, Revenues Rise Year Over Year
• Positive Sentiment: Management reaffirmed its financial outlook and investment plan. Exelon maintained fiscal 2026 EPS guidance of $2.81 to $2.91, consistent with the $2.86 analyst consensus, and kept its approximately $41 billion five-year capital plan intact through 2029. The company cited strong operational execution and higher utility rates. Exelon Reports Second Quarter 2026 Results
• Neutral Sentiment: The earnings picture was mixed. Although revenue exceeded forecasts, some reports put EPS slightly below the broader analyst consensus of $0.44. The company’s net margin was 11.21%, while return on equity was 9.83%, leaving investors focused on the quality and durability of earnings growth. Exelon Earnings Conference Call
• Negative Sentiment: Exelon reduced its data-center demand pipeline by 16%. The revision reflects delays and opposition to artificial-intelligence facilities across the United States, potentially limiting a key source of future electricity-load growth. However, Exelon said the change does not alter its 2029 investment plan. Exelon Maintains 2029 Investment Plan After Screening Data-Center Requests
• Negative Sentiment: Analysts remain cautious. Exelon has underperformed the broader market over the past year, and Wall Street’s restrained outlook may limit near-term upside despite the stable guidance and strong revenue performance. Are Wall Street Analysts Predicting Exelon Stock Will Climb or Sink?

Exelon Stock Performance

Shares of EXC opened at $45.82 on Monday. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65. The company has a 50-day moving average of $46.32 and a two-hundred day moving average of $46.61. The stock has a market cap of $47.30 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 2.77 and a beta of 0.31. 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 (NASDAQ:EXC - Get Free Report) last released 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). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. The firm's revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

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

About Exelon

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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