Intech Investment Management LLC Has $4.43 Million Stake in Exelon Corporation $EXC

Intech Investment Management LLC grew its position in Exelon Corporation (NASDAQ:EXC) by 60.5% in the third quarter, HoldingsChannel.com reports. The fund owned 98,426 shares of the company’s stock after buying an additional 37,092 shares during the quarter. Intech Investment Management LLC’s holdings in Exelon were worth $4,430,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of EXC. Sowell Financial Services LLC increased its holdings in Exelon by 1.1% during the 3rd quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock valued at $923,000 after purchasing an additional 215 shares in the last quarter. Manchester Capital Management LLC grew its holdings in shares of Exelon by 11.6% during the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock worth $94,000 after purchasing an additional 225 shares during the last quarter. Empirical Finance LLC increased its stake in shares of Exelon by 0.7% in the second quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after buying an additional 226 shares in the last quarter. Gateway Investment Advisers LLC increased its stake in shares of Exelon by 5.0% in the third quarter. Gateway Investment Advisers LLC now owns 4,965 shares of the company’s stock valued at $223,000 after buying an additional 236 shares in the last quarter. Finally, Waterloo Capital L.P. raised its holdings in shares of Exelon by 2.7% in the third quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock valued at $408,000 after buying an additional 236 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on EXC. Royal Bank Of Canada assumed coverage on shares of Exelon in a report on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 price objective on the stock. BMO Capital Markets increased their price target on shares of Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Mizuho boosted their price objective on shares of Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. UBS Group upped their price objective on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Wells Fargo & Company increased their price objective on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $50.14.

Exelon Stock Up 1.4%

Shares of Exelon stock opened at $49.47 on Friday. The business has a fifty day simple moving average of $45.02 and a 200 day simple moving average of $45.11. The stock has a market cap of $50.60 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 2.89 and a beta of 0.45. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $49.88.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The firm’s revenue was down 1.1% on a year-over-year basis. During the same period last year, the business earned $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts predict that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 3.4%. Exelon’s payout ratio is currently 58.61%.

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.