Legal & General Group Plc lifted its position in Exelon Corporation (NASDAQ:EXC - Free Report) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,943,161 shares of the company's stock after acquiring an additional 88,634 shares during the period. Legal & General Group Plc owned 1.28% of Exelon worth $582,572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the business. LRI Investments LLC increased its stake in shares of Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company's stock worth $26,000 after purchasing an additional 392 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Exelon in the 3rd quarter valued at approximately $30,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Exelon during the 2nd quarter worth $29,000. Steigerwald Gordon & Koch Inc. purchased a new position in Exelon in the 3rd quarter valued at approximately $32,000. Finally, Motco grew its position in shares of Exelon by 1,008.7% during the third quarter. Motco now owns 765 shares of the company's stock worth $34,000 after buying an additional 696 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.
Exelon Stock Performance
NASDAQ:EXC opened at $49.01 on Wednesday. The company has a market cap of $50.13 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.86 and a beta of 0.45. The firm's 50 day moving average is $45.78 and its two-hundred day moving average is $45.33. Exelon Corporation has a fifty-two week low of $41.71 and a fifty-two week high of $49.88. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66.
Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. Exelon's quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts expect that Exelon Corporation will post 2.64 EPS for the current year.
Exelon Increases Dividend
The firm also recently declared 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 is Monday, March 2nd. This is a positive change from Exelon's previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 3.4%. Exelon's payout ratio is 61.54%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the company. Scotiabank upped their price objective on Exelon from $46.00 to $47.00 and gave the stock a "sector perform" rating in a research report on Friday, February 13th. Wells Fargo & Company raised their price objective on shares of Exelon from $51.00 to $53.00 and gave the stock an "overweight" rating in a research report on Friday, February 13th. Royal Bank Of Canada started coverage on Exelon in a report on Wednesday, January 7th. They issued a "sector perform" rating and a $51.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on shares of Exelon from $50.00 to $47.00 and set a "neutral" rating on the stock in a research note on Friday, December 12th. Finally, Morgan Stanley reiterated an "underperform" rating and issued a $51.00 price objective on shares of Exelon in a research report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Exelon currently has an average rating of "Hold" and a consensus target price of $50.50.
Check Out Our Latest Analysis on Exelon
Exelon Company Profile
(
Free Report)
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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