Van ECK Associates Corp Acquires 32,774 Shares of Exelon Corporation $EXC

Van ECK Associates Corp grew its holdings in Exelon Corporation (NASDAQ:EXCFree Report) by 9.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 380,338 shares of the company’s stock after buying an additional 32,774 shares during the quarter. Van ECK Associates Corp’s holdings in Exelon were worth $17,119,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in Exelon during the 2nd quarter worth about $589,122,000. ANTIPODES PARTNERS Ltd increased its position in Exelon by 134,604.0% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after acquiring an additional 3,554,891 shares in the last quarter. Canada Pension Plan Investment Board increased its position in Exelon by 164.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 5,593,627 shares of the company’s stock valued at $242,875,000 after acquiring an additional 3,476,942 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after acquiring an additional 2,841,118 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Exelon by 4.0% during the second quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after purchasing an additional 2,491,064 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Exelon News Summary

Here are the key news stories impacting Exelon this week:

Exelon Trading Up 1.2%

Shares of NASDAQ:EXC traded up $0.60 during trading on Friday, hitting $50.08. 1,988,355 shares of the company’s stock were exchanged, compared to its average volume of 8,854,983. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm has a market cap of $51.23 billion, a P/E ratio of 18.35, a PEG ratio of 2.84 and a beta of 0.45. The firm has a 50-day moving average price of $46.00 and a two-hundred day moving average price of $45.38. Exelon Corporation has a 1-year low of $41.71 and a 1-year high of $50.38.

Exelon (NASDAQ:EXCGet Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) 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 firm earned $0.64 EPS. The company’s 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. Equities analysts predict that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be given a $0.42 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.68 annualized dividend and a dividend yield of 3.4%. This is an increase from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio is 61.54%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EXC. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Wells Fargo & Company boosted their price objective on shares of Exelon from $51.00 to $53.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Scotiabank upped their price objective on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Royal Bank Of Canada started coverage on Exelon in a research report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price objective on the stock. Finally, Barclays lowered their target price on Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $50.93.

View Our Latest Stock Report on EXC

Exelon Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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