Public Employees Retirement System of Ohio Buys New Shares in Exelon Corporation $EXC

Public Employees Retirement System of Ohio acquired a new position in Exelon Corporation (NASDAQ:EXC) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 352,115 shares of the company’s stock, valued at approximately $16,416,000.

Several other institutional investors also recently modified their holdings of EXC. Motiv8 Investments LLC acquired a new stake in Exelon during the fourth quarter valued at approximately $25,000. Leonteq Securities AG acquired a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Bell Investment Advisors Inc lifted its position in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. SHP Wealth Management acquired a new position in Exelon during the fourth quarter worth $26,000. Finally, Eastern Bank bought a new position in shares of Exelon during the second quarter valued at $26,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Price Performance

Shares of EXC stock opened at $43.93 on Friday. The firm has a market cap of $45.35 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 2.66 and a beta of 0.31. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. The stock has a 50-day moving average price of $46.08 and a 200 day moving average price of $46.69.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the previous year, the business posted $0.39 earnings per share. Exelon’s revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio is presently 61.54%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EXC shares. TD Cowen lowered their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Truist Financial cut their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Morgan Stanley decreased their price objective on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Finally, KeyCorp dropped their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Four research 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 stock has a consensus rating of “Hold” and an average price target of $50.07.

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.