Exelon Corporation $EXC is Miller Howard Investments Inc. NY’s 7th Largest Position

Miller Howard Investments Inc. NY grew its stake in Exelon Corporation (NASDAQ:EXC) by 16.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,685,069 shares of the company’s stock after acquiring an additional 241,854 shares during the quarter. Exelon accounts for 2.3% of Miller Howard Investments Inc. NY’s portfolio, making the stock its 7th biggest holding. Miller Howard Investments Inc. NY owned about 0.16% of Exelon worth $82,602,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Centennial Wealth Advisory LLC boosted its stake in Exelon by 15.0% in the 1st quarter. Centennial Wealth Advisory LLC now owns 15,522 shares of the company’s stock worth $761,000 after purchasing an additional 2,025 shares in the last quarter. Cidel Asset Management Inc. increased its stake in Exelon by 19.1% during the 1st quarter. Cidel Asset Management Inc. now owns 10,720 shares of the company’s stock valued at $525,000 after purchasing an additional 1,721 shares in the last quarter. AdvisorNet Financial Inc increased its stake in Exelon by 3.5% during the 1st quarter. AdvisorNet Financial Inc now owns 27,956 shares of the company’s stock valued at $1,370,000 after purchasing an additional 946 shares in the last quarter. SVB Wealth LLC increased its stake in Exelon by 11.1% during the 1st quarter. SVB Wealth LLC now owns 57,197 shares of the company’s stock valued at $2,804,000 after purchasing an additional 5,711 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its stake in shares of Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after buying an additional 287 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Trading Up 1.5%

Shares of EXC opened at $46.62 on Wednesday. The stock has a market capitalization of $47.70 billion, a PE ratio of 17.08, a P/E/G ratio of 2.66 and a beta of 0.31. The company’s fifty day moving average is $45.77 and its 200 day moving average is $45.98. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a fifty-two week low of $42.23 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings data 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 quarter last year, the business earned $0.92 earnings per share. Exelon’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EXC shares. KeyCorp reduced their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Truist Financial cut their target price 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. Royal Bank Of Canada reduced their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $50.00 to $49.00 in a research note on Friday, April 17th. Finally, Wells Fargo & Company set a $50.00 price objective on shares of Exelon in a report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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.