Exelon Corporation $EXC Shares Sold by OMERS ADMINISTRATION Corp

Key Points

• OMERS ADMINISTRATION Corp reduced its stake in Exelon Corporation by 14%, selling 5,838 shares, which leaves it with 35,765 shares valued at approximately $1.65 million.
• Exelon announced a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of 3.7%, with dividends set to be paid on September 15th.
• Exelon reported earnings of $0.39 per share for the last quarter, exceeding expectations, while the company anticipates a 2025 EPS guidance range of 2.640-2.740.

OMERS ADMINISTRATION Corp decreased its position in Exelon Corporation (NASDAQ:EXC - Free Report) by 14.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,765 shares of the company's stock after selling 5,838 shares during the period. OMERS ADMINISTRATION Corp's holdings in Exelon were worth $1,648,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Wealth Preservation Advisors LLC purchased a new stake in shares of Exelon in the first quarter valued at approximately $161,000. Ieq Capital LLC boosted its holdings in shares of Exelon by 27.4% in the first quarter. Ieq Capital LLC now owns 78,962 shares of the company's stock valued at $3,639,000 after purchasing an additional 16,978 shares during the period. Zuckerman Investment Group LLC purchased a new stake in shares of Exelon in the first quarter valued at approximately $210,000. Keeley Teton Advisors LLC boosted its holdings in shares of Exelon by 7.1% in the first quarter. Keeley Teton Advisors LLC now owns 47,439 shares of the company's stock valued at $2,186,000 after purchasing an additional 3,125 shares during the period. Finally, WealthTrust Axiom LLC lifted its holdings in Exelon by 1.4% during the first quarter. WealthTrust Axiom LLC now owns 48,317 shares of the company's stock worth $2,226,000 after buying an additional 663 shares during the period. Hedge funds and other institutional investors own 80.92% of the company's stock.

Exelon Stock Down 0.1%

Shares of EXC stock traded down $0.04 during trading hours on Thursday, reaching $43.34. 5,274,438 shares of the company's stock were exchanged, compared to its average volume of 7,254,841. The stock's 50 day moving average is $43.97 and its 200-day moving average is $44.20. The company has a market cap of $43.77 billion, a price-to-earnings ratio of 16.48, a P/E/G ratio of 2.56 and a beta of 0.41. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. Exelon Corporation has a fifty-two week low of $35.94 and a fifty-two week high of $48.11.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. The business had revenue of $5.43 billion for the quarter, compared to the consensus estimate of $5.47 billion. Exelon had a return on equity of 9.85% and a net margin of 11.16%.The business's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 earnings per share. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts predict that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, August 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. Exelon's dividend payout ratio is presently 60.84%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EXC. UBS Group restated a "neutral" rating and set a $48.00 target price (up previously from $47.00) on shares of Exelon in a report on Friday, July 11th. KeyCorp lowered their target price on Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a report on Wednesday, July 16th. Finally, Morgan Stanley restated an "outperform" rating on shares of Exelon in a report on Thursday, August 21st. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $47.20.

About Exelon

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.