Exelon Corporation $EXC Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in Exelon Corporation (NASDAQ:EXC) by 51.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,579,131 shares of the company’s stock after buying an additional 2,558,473 shares during the quarter. Hsbc Holdings PLC owned approximately 0.74% of Exelon worth $330,502,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of EXC. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Exelon in the 4th quarter valued at $89,000. Bayban acquired a new stake in Exelon during the 4th quarter worth $38,000. Pure Financial Advisors LLC boosted its stake in Exelon by 24.7% during the 4th quarter. Pure Financial Advisors LLC now owns 5,638 shares of the company’s stock worth $246,000 after purchasing an additional 1,116 shares during the period. Henson Edgewater Management LLC purchased a new position in Exelon during the 4th quarter worth $431,000. Finally, SHP Wealth Management purchased a new position in Exelon during the 4th quarter worth $26,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of Exelon stock opened at $45.81 on Friday. The company has a market cap of $46.87 billion, a P/E ratio of 16.78, a PEG ratio of 2.65 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a one year low of $42.23 and a one year high of $50.65. The firm has a fifty day moving average of $45.88 and a two-hundred day moving average of $45.96.

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

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were given a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Morgan Stanley reduced their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. BMO Capital Markets reissued a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Weiss Ratings raised Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, KeyCorp reduced their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Exelon presently has an average rating of “Hold” and a consensus target price of $50.27.

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.