Exelon Corporation $EXC Shares Purchased by DNB Asset Management AS

DNB Asset Management AS raised its stake in Exelon Corporation (NASDAQ:EXC) by 2.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 487,421 shares of the company’s stock after acquiring an additional 11,295 shares during the period. DNB Asset Management AS’s holdings in Exelon were worth $21,939,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Caxton Associates LLP acquired a new position in Exelon during the 1st quarter valued at approximately $286,000. Woodline Partners LP increased its position in Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares during the period. Brighton Jones LLC increased its position in Exelon by 14.2% in the second quarter. Brighton Jones LLC now owns 5,607 shares of the company’s stock worth $243,000 after buying an additional 697 shares during the period. Envestnet Asset Management Inc. lifted its stake in Exelon by 8.4% in the second quarter. Envestnet Asset Management Inc. now owns 488,469 shares of the company’s stock valued at $21,209,000 after buying an additional 37,945 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Exelon during the second quarter valued at $452,000. 80.92% of the stock is owned by institutional investors.

Exelon Stock Up 1.4%

Exelon stock opened at $49.47 on Friday. Exelon Corporation has a 52 week low of $41.71 and a 52 week high of $49.88. The stock has a market cap of $50.60 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 2.85 and a beta of 0.45. The company’s 50-day moving average price is $45.02 and its two-hundred day moving average price is $45.10. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm earned $0.64 earnings per share. The firm’s 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 expect that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio is 58.61%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EXC. Barclays dropped their price objective on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. KeyCorp set a $39.00 price target on shares of Exelon in a research note on Friday, December 12th. Mizuho lifted their price target on Exelon from $47.00 to $51.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Scotiabank boosted their price objective on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. lowered their target price on Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $50.14.

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.