Robeco Institutional Asset Management B.V. Purchases 683,858 Shares of Exelon Corporation $EXC

Key Points

• Robeco Institutional Asset Management B.V. boosted its stake in Exelon Corporation by 43.3%, acquiring an additional 683,858 shares, bringing its total ownership to 2,263,782 shares valued at approximately $98.29 million.
• Exelon reported $0.39 earnings per share (EPS) for the last quarter, surpassing analysts' expectations of $0.37, with revenue of $5.43 billion.
• The company recently declared a quarterly dividend of $0.40, amounting to an annualized dividend yield of 3.6%, with a payout ratio of 60.84%.

Robeco Institutional Asset Management B.V. increased its position in Exelon Corporation (NASDAQ:EXC - Free Report) by 43.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,263,782 shares of the company's stock after buying an additional 683,858 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.22% of Exelon worth $98,293,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. increased its position in shares of Exelon by 46.4% in the first quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company's stock valued at $32,000 after acquiring an additional 220 shares during the period. ANTIPODES PARTNERS Ltd purchased a new position in Exelon during the 1st quarter valued at about $34,000. Investment Research & Advisory Group Inc. purchased a new position in Exelon during the 2nd quarter valued at about $39,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Exelon during the 1st quarter valued at approximately $42,000. Finally, Opal Wealth Advisors LLC purchased a new stake in Exelon in the 1st quarter worth approximately $50,000. Hedge funds and other institutional investors own 80.92% of the company's stock.

Exelon Stock Performance

Shares of EXC stock opened at $44.97 on Friday. The company's fifty day moving average price is $44.15 and its 200-day moving average price is $44.23. The stock has a market cap of $45.42 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.64 and a beta of 0.40. 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 12 month low of $35.94 and a 12 month 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 the consensus estimate of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. During the same period last year, the business earned $0.47 EPS. Exelon's quarterly revenue was up 1.2% compared to the same quarter last year. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, equities analysts expect that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 11th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Exelon's payout ratio is currently 60.84%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley reduced their target price on Exelon from $50.00 to $49.00 and set an "equal weight" rating on the stock in a research note on Thursday, September 25th. UBS Group reissued a "neutral" rating and set a $48.00 price objective (up from $47.00) on shares of Exelon in a research report on Friday, July 11th. Finally, KeyCorp dropped their target price on shares of Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a research report on Wednesday, July 16th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $47.44.

Exelon Company Profile

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.

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