Lazard Asset Management LLC Has $1.21 Billion Stock Holdings in Exelon Corporation $EXC

Lazard Asset Management LLC raised its stake in Exelon Corporation (NASDAQ:EXC) by 6.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 24,620,304 shares of the company’s stock after acquiring an additional 1,490,251 shares during the period. Exelon comprises about 2.0% of Lazard Asset Management LLC’s investment portfolio, making the stock its 6th largest position. Lazard Asset Management LLC’s holdings in Exelon were worth $1,206,887,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in EXC. Caxton Associates LLP bought a new position in Exelon during the 1st quarter worth approximately $286,000. Woodline Partners LP raised its stake in Exelon by 40.7% during 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 last quarter. Jump Financial LLC acquired a new position in Exelon in the second quarter valued at $2,448,000. Gamco Investors INC. ET AL acquired a new position in Exelon in the second quarter valued at $645,000. Finally, Treasurer of the State of North Carolina boosted its position in Exelon by 3.1% during the second quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after acquiring an additional 14,240 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Mizuho set a $48.00 price target on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Royal Bank Of Canada decreased their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and dropped their price target for the company from $55.00 to $50.00 in a research note on Monday, April 20th. Finally, KeyCorp cut their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Four equities research 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. According to data from MarketBeat.com, Exelon presently has an average rating of “Hold” and an average target price of $50.33.

Key Stories Impacting Exelon

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Wells Fargo maintained its Buy rating on Exelon, which can support investor confidence and suggests at least one major firm still sees upside in the shares. Wells Fargo Sticks to Their Buy Rating for Exelon (EXC)
• Neutral Sentiment: Exelon’s “time of day pricing” launch is putting its valuation back in focus, indicating the market is reassessing the stock’s worth rather than responding to a clear operational surprise. Exelon (EXC) Time Of Day Pricing Launch Puts Valuation Back In Focus
• Neutral Sentiment: KeyCorp reiterated a cautious stance on Exelon, issuing an Underweight rating with a $41 price target and estimates for Q2, Q3, Q4 2026 and FY2030 earnings; this may pressure sentiment by reinforcing a more conservative view on the stock’s upside.
• Neutral Sentiment: Exelon’s short-interest update showed no reported short interest, which does not point to a meaningful bearish trading signal at the moment.
• Neutral Sentiment: Zacks noted that Exelon’s upcoming earnings report may not be set up for a likely beat, keeping investors focused on execution risks ahead of the release. Exelon (EXC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Exelon Price Performance

EXC stock opened at $47.53 on Monday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The company’s 50-day moving average is $46.16 and its 200-day moving average is $46.50. The stock has a market capitalization of $48.63 billion, a PE ratio of 17.41, a price-to-earnings-growth ratio of 2.75 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s dividend payout ratio is presently 61.54%.

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.