ING Groep NV Grows Holdings in Exelon Corporation $EXC

ING Groep NV increased its position in shares of Exelon Corporation (NASDAQ:EXC) by 7.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 169,414 shares of the company’s stock after buying an additional 11,377 shares during the period. ING Groep NV’s holdings in Exelon were worth $7,385,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Exelon by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after buying an additional 595,555 shares during the period. Lazard Asset Management LLC increased its position in shares of Exelon by 32.9% in the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after purchasing an additional 5,554,494 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Exelon by 2.2% in the 3rd quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after purchasing an additional 393,917 shares during the last quarter. Capital International Investors bought a new stake in shares of Exelon in the 4th quarter worth about $738,333,000. Finally, Invesco Ltd. increased its position in shares of Exelon by 5.6% in the 3rd quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock worth $704,825,000 after purchasing an additional 833,171 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $44.80 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. Exelon Corporation has a fifty-two week low of $42.11 and a fifty-two week high of $50.65. The firm has a 50-day simple moving average of $46.45 and a 200 day simple moving average of $45.98. The company has a market cap of $45.84 billion, a PE ratio of 16.41, a P/E/G ratio of 2.65 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. Exelon’s revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s payout ratio is presently 61.54%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on EXC shares. TD Cowen dropped their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Mizuho set a $48.00 target price on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. KeyCorp dropped their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and dropped their target price for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $50.27.

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.