Banque Cantonale Vaudoise Reduces Holdings in Exelon Corporation $EXC

Banque Cantonale Vaudoise trimmed its position in shares of Exelon Corporation (NASDAQ:EXC) by 50.0% in the 4th quarter, Holdings Channel reports. The firm owned 52,083 shares of the company’s stock after selling 52,032 shares during the period. Banque Cantonale Vaudoise’s holdings in Exelon were worth $2,271,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Exelon by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after purchasing an additional 595,555 shares in the last quarter. Lazard Asset Management LLC boosted its stake in Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after buying an additional 5,554,494 shares during the last quarter. Wellington Management Group LLP boosted its stake in Exelon by 2.2% during the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after buying an additional 393,917 shares during the last quarter. Invesco Ltd. boosted its stake in Exelon by 5.6% during the third quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock worth $704,825,000 after buying an additional 833,171 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Exelon by 5.1% during the third quarter. Northern Trust Corp now owns 14,030,184 shares of the company’s stock worth $631,499,000 after buying an additional 681,371 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC opened at $45.35 on Friday. The stock’s 50-day moving average price is $47.19 and its 200 day moving average price is $46.02. Exelon Corporation has a 12-month low of $42.11 and a 12-month 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 firm has a market cap of $46.40 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 2.60 and a beta of 0.32.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $6.93 billion. During the same quarter in the prior year, the company earned $0.92 EPS. Exelon’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.7%. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on EXC shares. Morgan Stanley lowered their price objective on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. Truist Financial started coverage on Exelon in a research note on Monday, April 20th. They set a “hold” rating and a $50.00 price objective on the stock. Weiss Ratings raised Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $50.33.

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.