Genus Capital Management Inc. grew its holdings in Exelon Corporation (NASDAQ:EXC – Free Report) by 50.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 39,100 shares of the company’s stock after purchasing an additional 13,100 shares during the quarter. Genus Capital Management Inc.’s holdings in Exelon were worth $1,704,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Exelon by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after acquiring an additional 595,555 shares in the last quarter. Lazard Asset Management LLC grew its position in Exelon by 32.9% in the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after acquiring an additional 5,554,494 shares in the last quarter. Wellington Management Group LLP grew its position in Exelon by 2.2% in the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after acquiring an additional 393,917 shares in the last quarter. Invesco Ltd. grew its position in Exelon by 5.6% in the third quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock worth $704,825,000 after acquiring an additional 833,171 shares in the last quarter. Finally, Northern Trust Corp grew its position in Exelon by 5.1% in the third quarter. Northern Trust Corp now owns 14,030,184 shares of the company’s stock worth $631,499,000 after acquiring an additional 681,371 shares in the last quarter. 80.92% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on EXC. Weiss Ratings raised shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Citigroup began coverage on shares of Exelon in a research report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price for the company. JPMorgan Chase & Co. upped their price objective on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Finally, Scotiabank upped their price objective on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $50.33.
Exelon Price Performance
NASDAQ EXC opened at $46.23 on Monday. 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 company has a fifty day simple moving average of $47.14 and a 200 day simple moving average of $46.02. The company has a market cap of $47.30 billion, a P/E ratio of 16.93, a P/E/G ratio of 2.68 and a beta of 0.32. Exelon Corporation has a 1 year low of $42.11 and a 1 year high of $50.65.
Exelon (NASDAQ:EXC – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The firm had revenue of $7.24 billion during the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts predict that Exelon Corporation will post 2.86 EPS for the current year.
Exelon Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s dividend 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.
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