Mizuho Markets Americas LLC Takes Position in Exelon Corporation $EXC

Mizuho Markets Americas LLC bought a new position in shares of Exelon Corporation (NASDAQ:EXC) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 800,000 shares of the company’s stock, valued at approximately $36,008,000. Mizuho Markets Americas LLC owned 0.08% of Exelon as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. ATLAS Infrastructure Partners UK Ltd. raised its stake in shares of Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock worth $260,685,000 after purchasing an additional 208,242 shares during the last quarter. Exchange Traded Concepts LLC increased its stake in Exelon by 92.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock valued at $2,418,000 after buying an additional 25,863 shares during the period. ProShare Advisors LLC increased its stake in Exelon by 6.4% in the 2nd quarter. ProShare Advisors LLC now owns 1,672,883 shares of the company’s stock valued at $72,637,000 after buying an additional 100,406 shares during the period. Econ Financial Services Corp purchased a new position in Exelon during the 3rd quarter worth $1,926,000. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Exelon by 13.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,573,635 shares of the company’s stock worth $115,839,000 after acquiring an additional 309,853 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

NASDAQ EXC opened at $44.73 on Monday. The business has a 50 day moving average price of $44.46 and a 200 day moving average price of $44.70. The company has a market capitalization of $45.19 billion, a P/E ratio of 16.03, a PEG ratio of 2.63 and a beta of 0.46. Exelon Corporation has a 1-year low of $38.85 and a 1-year high of $48.51. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last posted its earnings results on Tuesday, November 4th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. Exelon had a return on equity of 10.28% and a net margin of 11.60%.The company had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.40 billion. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Sell-side analysts expect that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, November 10th. Exelon’s dividend payout ratio (DPR) is 57.35%.

Wall Street Analyst Weigh In

EXC has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of Exelon from $48.00 to $52.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Jefferies Financial Group set a $57.00 target price on Exelon in a research note on Wednesday, October 15th. Weiss Ratings restated a “buy (b)” rating on shares of Exelon in a research note on Friday, October 31st. Morgan Stanley reiterated an “underperform” rating and issued a $52.00 price objective on shares of Exelon in a research report on Thursday, November 20th. Finally, TD Cowen initiated coverage on shares of Exelon in a research report on Thursday, October 16th. They set a “hold” rating and a $49.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Exelon has an average rating of “Hold” and a consensus price target of $49.85.

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.