Vanguard Group Inc. Raises Holdings in Exelon Corporation $EXC

Vanguard Group Inc. boosted its holdings in shares of Exelon Corporation (NASDAQ:EXC - Free Report) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,118,541 shares of the company's stock after buying an additional 595,555 shares during the quarter. Vanguard Group Inc. owned approximately 12.98% of Exelon worth $5,715,457,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. LRI Investments LLC boosted its stake in Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company's stock valued at $26,000 after acquiring an additional 392 shares in the last quarter. Optima Capital LLC acquired a new stake in Exelon in the fourth quarter valued at approximately $25,000. Beacon Financial Strategies CORP acquired a new stake in Exelon in the fourth quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new stake in Exelon in the third quarter valued at approximately $30,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Exelon in the third quarter valued at approximately $32,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on EXC shares. KeyCorp lowered their target price on shares of Exelon from $44.00 to $43.00 and set an "underweight" rating for the company in a research note on Tuesday, April 21st. Truist Financial started coverage on shares of Exelon in a research note on Monday, April 20th. They issued a "hold" rating and a $50.00 target price for the company. Morgan Stanley lowered their price objective on shares of Exelon from $56.00 to $55.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 21st. Scotiabank lifted their price objective on shares of Exelon from $46.00 to $47.00 and gave the stock a "sector perform" rating in a research note on Friday, February 13th. Finally, Wolfe Research downgraded shares of Exelon from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, January 27th. Five analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Exelon has an average rating of "Hold" and a consensus target price of $50.44.

Exelon Trading Down 0.7%

NASDAQ EXC opened at $46.61 on Tuesday. The company has a market capitalization of $47.69 billion, a PE ratio of 17.07, a P/E/G ratio of 2.72 and a beta of 0.41. The company has a fifty day moving average of $48.35 and a 200 day moving average of $46.31. Exelon Corporation has a 1 year low of $41.71 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same period in the previous year, the business earned $0.64 earnings per share. The firm's quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Increases Dividend

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

Exelon 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.

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