Nordea Investment Management AB Grows Stock Holdings in Exelon Corporation $EXC

Key Points

• Nordea Investment Management AB increased its stake in Exelon by 14.6% to 8,048,355 shares, representing a 0.80% ownership valued at about $352.4 million at the end of the quarter.
• Exelon beat quarterly EPS expectations ($0.59 vs. $0.55) and set FY2026 guidance of 2.810–2.910 EPS, while quarterly revenue was down about 1.1% year-over-year.
• The company raised its quarterly dividend to $0.42 (annualized $1.68, ~3.6% yield), and analysts show mixed views—average price target ~$50.93 with 8 Buys, 7 Holds and 2 Sells.

Nordea Investment Management AB grew its stake in Exelon Corporation (NASDAQ:EXC - Free Report) by 14.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,048,355 shares of the company's stock after acquiring an additional 1,024,106 shares during the period. Nordea Investment Management AB owned 0.80% of Exelon worth $352,397,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of EXC. LRI Investments LLC lifted its holdings in Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company's stock worth $26,000 after buying an additional 392 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Exelon in the 2nd quarter valued at $29,000. Root Financial Partners LLC bought a new position in shares of Exelon in the 3rd quarter worth $30,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of Exelon in the 3rd quarter worth $32,000. Finally, Motco lifted its stake in shares of Exelon by 1,008.7% during the 3rd quarter. Motco now owns 765 shares of the company's stock worth $34,000 after purchasing an additional 696 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Down 3.3%

Shares of NASDAQ EXC opened at $46.44 on Friday. The stock has a market capitalization of $47.52 billion, a PE ratio of 17.01, a P/E/G ratio of 2.70 and a beta of 0.45. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The firm has a fifty day moving average of $46.65 and a 200-day moving average of $45.60. Exelon Corporation has a 52-week low of $41.71 and a 52-week high of $50.65.

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

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were paid a $0.42 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. This is an increase from Exelon's previous quarterly dividend of $0.40. Exelon's dividend payout ratio is presently 61.54%.

Wall Street Analyst Weigh In

Several research firms have issued reports on EXC. Mizuho lifted their target price on Exelon from $47.00 to $51.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. Wells Fargo & Company raised their price target on shares of Exelon from $51.00 to $53.00 and gave the company an "overweight" rating in a report on Friday, February 13th. Jefferies Financial Group cut their price objective on shares of Exelon from $57.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, January 27th. Royal Bank Of Canada assumed coverage on shares of Exelon in a research note on Wednesday, January 7th. They set a "sector perform" rating and a $51.00 price objective for the company. Finally, BMO Capital Markets increased their target price on shares of Exelon from $49.00 to $51.00 and gave the company an "outperform" rating in a research report on Friday, February 13th. Eight equities 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 stock. According to data from MarketBeat.com, Exelon currently has an average rating of "Hold" and an average price target of $50.93.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.