Exelon Corporation $EXC Shares Purchased by TD Asset Management Inc

TD Asset Management Inc lifted its stake in Exelon Corporation (NASDAQ:EXC) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,335,912 shares of the company’s stock after purchasing an additional 16,859 shares during the period. TD Asset Management Inc owned approximately 0.13% of Exelon worth $58,232,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cibc World Market Inc. raised its position in Exelon by 38.2% during the fourth quarter. Cibc World Market Inc. now owns 157,590 shares of the company’s stock worth $6,869,000 after acquiring an additional 43,531 shares during the last quarter. Lido Advisors LLC raised its position in Exelon by 2.9% during the fourth quarter. Lido Advisors LLC now owns 49,416 shares of the company’s stock worth $2,219,000 after acquiring an additional 1,412 shares during the last quarter. CIBC Asset Management Inc raised its position in Exelon by 35.6% during the fourth quarter. CIBC Asset Management Inc now owns 423,587 shares of the company’s stock worth $18,464,000 after acquiring an additional 111,191 shares during the last quarter. Bank of New York Mellon Corp raised its position in Exelon by 3.4% during the fourth quarter. Bank of New York Mellon Corp now owns 13,363,717 shares of the company’s stock worth $582,524,000 after acquiring an additional 434,884 shares during the last quarter. Finally, Capital Innovations LLC acquired a new position in Exelon during the fourth quarter worth about $3,377,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

NASDAQ:EXC opened at $45.75 on Friday. The firm has a 50 day simple moving average of $46.52 and a 200-day simple moving average of $46.00. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The firm has a market cap of $46.81 billion, a PE ratio of 16.76, a P/E/G ratio of 2.59 and a beta of 0.31. Exelon Corporation has a 1-year low of $42.11 and a 1-year high of $50.65.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 yield of 3.7%. Exelon’s dividend payout ratio is 61.54%.

Analyst Ratings Changes

A number of brokerages have issued reports on EXC. KeyCorp cut their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. BMO Capital Markets restated a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Scotiabank lifted their target price on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their target price on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Finally, UBS Group lifted their target price on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $50.27.

Exelon Company 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.