Exelon Corporation $EXC Shares Purchased by ING Groep NV

ING Groep NV raised its position in shares of Exelon Corporation (NASDAQ:EXC) by 7.2% in the fourth quarter, HoldingsChannel reports. The firm owned 169,414 shares of the company’s stock after acquiring an additional 11,377 shares during the period. ING Groep NV’s holdings in Exelon were worth $7,385,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Plimoth Trust Co. LLC lifted its stake in shares of Exelon by 1.8% in the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after acquiring an additional 230 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of Exelon by 2.8% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock worth $376,000 after acquiring an additional 233 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of Exelon by 2.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock worth $498,000 after acquiring an additional 240 shares during the period. Seeds Investor LLC lifted its stake in shares of Exelon by 2.6% in the 4th quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock worth $416,000 after acquiring an additional 241 shares during the period. Finally, HighPoint Advisor Group LLC lifted its stake in shares of Exelon by 0.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 82,907 shares of the company’s stock worth $3,614,000 after acquiring an additional 242 shares during the period. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Stock Down 2.1%

EXC stock opened at $44.80 on Tuesday. Exelon Corporation has a 12 month low of $42.11 and a 12 month high of $50.65. The firm has a market cap of $45.84 billion, a PE ratio of 16.41, a P/E/G ratio of 2.65 and a beta of 0.31. The firm has a 50 day simple moving average of $46.45 and a 200 day simple moving average of $45.98. 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 (NASDAQ:EXC) 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. Exelon had a net margin of 11.21% and a return on equity of 9.83%. 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 prior year, the business earned $0.92 earnings per share. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. Exelon’s payout ratio is currently 61.54%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Weiss Ratings raised shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Truist Financial reduced their price target on shares of Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 29th. 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. KeyCorp reduced their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Finally, TD Cowen cut their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Exelon currently has a consensus rating of “Hold” and a consensus target price of $50.27.

About Exelon

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.