Maryland State Retirement & Pension System Sells 30,390 Shares of Exelon Corporation $EXC

Maryland State Retirement & Pension System lowered its stake in Exelon Corporation (NASDAQ:EXC) by 3.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 973,654 shares of the company’s stock after selling 30,390 shares during the period. Exelon makes up 1.0% of Maryland State Retirement & Pension System’s portfolio, making the stock its 21st largest holding. Maryland State Retirement & Pension System’s holdings in Exelon were worth $47,729,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. ASR Vermogensbeheer N.V. increased its position in Exelon by 28.4% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after acquiring an additional 60,250 shares during the period. Nordea Investment Management AB raised its stake in Exelon by 14.6% in the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after purchasing an additional 1,024,106 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in Exelon by 26.9% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock valued at $9,393,000 after purchasing an additional 45,723 shares during the period. Asset Management One Co. Ltd. boosted its holdings in Exelon by 19.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock valued at $25,404,000 after purchasing an additional 93,682 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Exelon by 18.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock worth $25,339,000 after purchasing an additional 89,822 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

EXC has been the topic of several recent research reports. Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $50.00 to $49.00 in a report on Friday, April 17th. TD Cowen cut their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Mizuho set a $48.00 price objective on Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, KeyCorp dropped their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $50.27.

Exelon Stock Down 0.4%

NASDAQ EXC opened at $46.92 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a fifty-two week low of $42.47 and a fifty-two week high of $50.65. The stock has a market capitalization of $48.01 billion, a PE ratio of 17.19, a PEG ratio of 2.73 and a beta of 0.31. The business has a fifty day moving average price of $45.81 and a two-hundred day moving average price of $46.34.

Exelon (NASDAQ:EXC) last released its quarterly earnings data 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 analyst estimates of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was 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 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.