Varma Mutual Pension Insurance Co Has $12.96 Million Stock Holdings in Exelon Corporation $EXC

Varma Mutual Pension Insurance Co grew its holdings in Exelon Corporation (NASDAQ:EXC) by 12.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 297,315 shares of the company’s stock after buying an additional 33,300 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Exelon were worth $12,960,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in EXC. Lazard Asset Management LLC boosted its holdings in Exelon by 32.9% in the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after acquiring an additional 5,554,494 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its holdings in Exelon by 134,604.0% in the third 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 during the last quarter. Allianz Asset Management GmbH boosted its holdings in Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after acquiring an additional 2,841,118 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in Exelon in the fourth quarter valued at about $119,749,000. Finally, Man Group plc boosted its holdings in Exelon by 99.4% in the second quarter. Man Group plc now owns 3,034,725 shares of the company’s stock valued at $131,768,000 after acquiring an additional 1,512,552 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of EXC opened at $46.61 on Tuesday. 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 Corporation has a 1 year low of $41.71 and a 1 year high of $50.65. The stock has a market cap of $47.69 billion, a P/E ratio of 17.07, a price-to-earnings-growth ratio of 2.70 and a beta of 0.32. The stock’s 50-day moving average price is $48.30 and its two-hundred day moving average price is $46.30.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same quarter in the previous year, the company earned $0.64 EPS. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EXC. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Citigroup began coverage on Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price target on the stock. UBS Group raised their price target on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Finally, Royal Bank Of Canada decreased their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Exelon currently has a consensus rating of “Hold” and an average price target of $50.47.

Exelon Company 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.