Varma Mutual Pension Insurance Co Acquires 33,300 Shares of Exelon Corporation $EXC

Varma Mutual Pension Insurance Co increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 12.6% during the 4th quarter, HoldingsChannel reports. The firm owned 297,315 shares of the company’s stock after purchasing an additional 33,300 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Exelon were worth $12,960,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EXC. Optima Capital LLC bought a new position in shares of Exelon during the 4th quarter valued at about $25,000. LRI Investments LLC lifted its holdings in shares of Exelon by 210.8% during the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after purchasing an additional 392 shares in the last quarter. Beacon Financial Strategies CORP bought a new position in shares of Exelon during the 4th quarter valued at about $26,000. Root Financial Partners LLC bought a new position in shares of Exelon during the 3rd quarter valued at about $30,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in shares of Exelon during the 3rd quarter valued at about $32,000. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on EXC. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Royal Bank Of Canada cut their price objective on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. BMO Capital Markets reissued a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Finally, Scotiabank lifted their target price on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $50.47.

Exelon Stock Up 0.2%

Shares of Exelon stock opened at $46.61 on Tuesday. The business’s 50 day simple moving average is $48.30 and its 200 day simple moving average is $46.30. Exelon Corporation has a 52-week low of $41.71 and a 52-week high of $50.65. The firm has a market cap of $47.69 billion, a PE ratio of 17.07, a P/E/G ratio of 2.70 and a beta of 0.32. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92.

Exelon (NASDAQ:EXC) last announced its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same period last year, the firm posted $0.64 EPS. The business’s revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given 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 dividend yield of 3.6%. Exelon’s payout ratio is 61.54%.

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.