Exelon Corporation $EXC Shares Purchased by RWC Asset Management LLP

RWC Asset Management LLP increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 5.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,677,441 shares of the company’s stock after purchasing an additional 84,660 shares during the quarter. Exelon makes up 2.5% of RWC Asset Management LLP’s portfolio, making the stock its 8th biggest holding. RWC Asset Management LLP owned approximately 0.16% of Exelon worth $67,769,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Eastern Bank bought a new position in Exelon in the 2nd quarter worth approximately $26,000. Axiom Investment Management LLC purchased a new stake in Exelon during the 1st quarter valued at approximately $27,000. Elevation Wealth Partners LLC raised its position in shares of Exelon by 440.0% during the second quarter. Elevation Wealth Partners LLC now owns 594 shares of the company’s stock valued at $28,000 after buying an additional 484 shares during the last quarter. Silvant Capital Management LLC bought a new stake in shares of Exelon during the second quarter valued at approximately $29,000. Finally, North Point Portfolio Managers Corp OH bought a new stake in shares of Exelon during the third quarter valued at approximately $29,000. Institutional investors own 80.92% of the company’s stock.

Trending Headlines about Exelon

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Zacks said Exelon has two key factors supporting a likely earnings beat in its upcoming report, potentially improving investor sentiment ahead of results. Exelon Expected to Beat Earnings Estimates
• Neutral Sentiment: Exelon is projected to report earnings on Friday, keeping the upcoming results as the next major catalyst for the stock. Exelon Projected to Announce Earnings
• Neutral Sentiment: HSBC initiated coverage with a hold rating and a $44.00 price target, implying little expected movement from current levels. HSBC Sets a Price Target for Exelon
• Neutral Sentiment: Morgan Stanley also assigned Exelon a hold rating, reinforcing the lack of a strong bullish or bearish consensus. Exelon Receives a Hold from Morgan Stanley
• Negative Sentiment: BMO Capital Markets lowered its price target from $47 to $45 and maintained a market perform rating. The reduced target signals more limited appreciation potential and adds pressure to the shares. BMO Lowers Exelon Price Target

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of Exelon from $47.00 to $46.00 and set a “neutral” rating on the stock in a report on Monday, October 19th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Exelon in a research note on Tuesday, October 6th. HSBC began coverage on shares of Exelon in a research note on Thursday. They set a “hold” rating and a $44.00 target price for the company. Jefferies Financial Group reduced their price target on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group decreased their price target on shares of Exelon from $45.00 to $44.00 in a research note on Thursday, October 15th. Six analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Exelon has a consensus rating of “Hold” and an average target price of $48.58.

Exelon Price Performance

Exelon stock traded down $0.42 during midday trading on Friday, reaching $44.43. 5,754,190 shares of the stock traded hands, compared to its average volume of 7,998,263. The stock has a market cap of $45.86 billion, a P/E ratio of 16.27, a PEG ratio of 2.45 and a beta of 0.30. The stock’s fifty day moving average is $42.83 and its 200-day moving average is $45.04. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. Exelon Corporation has a 12 month low of $39.73 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last released 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 return on equity of 9.81% and a net margin of 10.99%. The firm 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 firm earned $0.39 EPS. The business’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. As a group, equities research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

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

About Exelon

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.