Tobam Purchases 12,383 Shares of Exelon Corporation $EXC

Tobam raised its position in shares of Exelon Corporation (NASDAQ:EXC) by 8.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 159,276 shares of the company’s stock after buying an additional 12,383 shares during the quarter. Exelon comprises about 1.7% of Tobam’s investment portfolio, making the stock its 16th largest holding. Tobam’s holdings in Exelon were worth $6,943,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Strategic Investment Solutions Inc. IL boosted its stake in Exelon by 14.2% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 4,597 shares of the company’s stock valued at $200,000 after acquiring an additional 570 shares in the last quarter. DGS Capital Management LLC acquired a new position in shares of Exelon during the fourth quarter worth $254,000. Pacer Advisors Inc. increased its position in shares of Exelon by 9.6% during the fourth quarter. Pacer Advisors Inc. now owns 194,806 shares of the company’s stock worth $8,492,000 after purchasing an additional 17,101 shares in the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of Exelon during the 4th quarter valued at $213,000. Finally, MV Capital Management Inc. purchased a new stake in shares of Exelon during the 4th quarter valued at $39,000. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EXC. Truist Financial dropped their target price on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Citigroup began coverage on Exelon in a research note on Thursday, March 26th. They set a “buy” rating and a $58.00 price target on the stock. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, BMO Capital Markets restated a “market perform” rating and set a $49.00 price objective (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $50.27.

Exelon Price Performance

Shares of EXC opened at $45.81 on Friday. The firm has a market capitalization of $46.87 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. 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 1-year low of $42.23 and a 1-year high of $50.65. The company’s fifty day moving average price is $45.88 and its 200-day moving average price is $45.96.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same quarter last year, the business posted $0.92 EPS. The firm’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. On average, equities research analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

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.