Exelon Corporation $EXC Stock: TD Waterhouse Canada Inc. Cuts Stake

Key Points

• TD Waterhouse Canada Inc. cut its Exelon stake by 55.5% in the third quarter, selling 45,659 shares and retaining 36,613 shares valued at approximately $1.48 million. Institutional investors collectively own 80.92% of EXC.
• Exelon reported quarterly revenue of $5.97 billion, up 10% year over year, but its $0.43 EPS fell slightly short of estimates. The company maintained 2026 EPS guidance of $2.81–$2.91 and pays an annualized dividend of $1.68, yielding about 3.9%.
• Analyst sentiment remains cautious, with a consensus rating of “Hold” and an average price target of $48.33 versus the reported share price of $43.05. Recent target reductions came from Truist Financial, Argus, and Morgan Stanley.

TD Waterhouse Canada Inc. lessened its holdings in Exelon Corporation (NASDAQ:EXC - Free Report) by 55.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,613 shares of the company's stock after selling 45,659 shares during the period. TD Waterhouse Canada Inc.'s holdings in Exelon were worth $1,482,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EXC. Pension & Wealth Management Advisors Inc. increased its holdings in shares of Exelon by 86.4% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 2,192 shares of the company's stock valued at $89,000 after acquiring an additional 1,016 shares during the last quarter. Howard Capital Management LLC raised its stake in shares of Exelon by 149.6% in the 3rd quarter. Howard Capital Management LLC now owns 173,727 shares of the company's stock valued at $7,019,000 after acquiring an additional 104,125 shares in the last quarter. NFSG Corp raised its stake in shares of Exelon by 4,919.6% in the 3rd quarter. NFSG Corp now owns 13,854 shares of the company's stock valued at $560,000 after acquiring an additional 13,578 shares in the last quarter. V Square Quantitative Management LLC raised its stake in shares of Exelon by 10.2% in the 3rd quarter. V Square Quantitative Management LLC now owns 23,657 shares of the company's stock valued at $956,000 after acquiring an additional 2,198 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its stake in shares of Exelon by 11.5% in the 3rd quarter. AdvisorNet Financial Inc now owns 30,607 shares of the company's stock valued at $1,304,000 after acquiring an additional 3,157 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Up 0.0%

Shares of NASDAQ:EXC opened at $43.05 on Thursday. The company has a market cap of $44.44 billion, a P/E ratio of 15.77, a P/E/G ratio of 2.35 and a beta of 0.30. The stock's 50-day moving average is $42.87 and its 200-day moving average is $45.07. Exelon Corporation has a 52-week low of $39.73 and a 52-week high of $50.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%. The business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The company's revenue for the quarter 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 predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.9%. Exelon's dividend payout ratio (DPR) is 61.54%.

Analysts Set New Price Targets

EXC has been the subject of a number of recent analyst reports. Truist Financial decreased their target price on Exelon from $48.00 to $46.00 and set a "hold" rating for the company in a research report on Friday, October 16th. KeyCorp upgraded Exelon from an "underweight" rating to a "sector weight" rating in a report on Monday, October 12th. Argus dropped their price target on shares of Exelon from $52.00 to $49.00 and set a "buy" rating on the stock in a research report on Tuesday, September 22nd. Weiss Ratings restated a "buy (b-)" rating on shares of Exelon in a research note on Tuesday, October 6th. Finally, Morgan Stanley reduced their price objective on shares of Exelon from $50.00 to $49.00 and set an "equal weight" rating for the company in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $48.33.

About Exelon

Exelon Corporation NASDAQ: EXC is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon's utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.

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