Exelon Corporation $EXC Position Boosted by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its position in Exelon Corporation (NASDAQ:EXC) by 43.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,264 shares of the company’s stock after purchasing an additional 15,499 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Exelon were worth $2,513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Investors acquired a new stake in shares of Exelon during the 4th quarter valued at approximately $738,333,000. Norges Bank acquired a new stake in shares of Exelon in the 4th quarter worth approximately $617,974,000. Capital World Investors boosted its holdings in shares of Exelon by 807.4% in the fourth quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock valued at $440,284,000 after acquiring an additional 8,987,453 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of Exelon by 32.9% during 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 period. Finally, Allianz Asset Management GmbH raised its holdings in Exelon by 69.0% during the fourth quarter. Allianz Asset Management GmbH now owns 7,612,010 shares of the company’s stock worth $331,808,000 after purchasing an additional 3,107,644 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada cut their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Monday, April 20th. BMO Capital Markets reissued a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Mizuho set a $48.00 price target on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. 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. Finally, Morgan Stanley cut their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Four investment 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, the stock has a consensus rating of “Hold” and an average price target of $50.33.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $47.31 on Wednesday. The firm has a market cap of $48.41 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 2.85 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The business has a fifty day simple moving average of $46.28 and a 200 day simple moving average of $46.55.

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 firm had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter in the previous year, the company posted $0.92 earnings per share. The business’s quarterly 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. As a group, sell-side analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, September 4th. Exelon’s payout ratio is currently 61.54%.

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.