Exelon Corporation $EXC Shares Purchased by Panagora Asset Management Inc.

Panagora Asset Management Inc. increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,686,978 shares of the company’s stock after buying an additional 482,957 shares during the period. Panagora Asset Management Inc.’s holdings in Exelon were worth $160,715,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Caxton Associates LLP acquired a new stake in shares of Exelon in the first quarter valued at $286,000. Woodline Partners LP grew its stake in Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Jump Financial LLC acquired a new position in Exelon during the 2nd quarter worth $2,448,000. Gamco Investors INC. ET AL purchased a new stake in Exelon during the 2nd quarter worth about $645,000. Finally, Treasurer of the State of North Carolina increased its holdings in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after purchasing an additional 14,240 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EXC has been the subject of several recent research reports. Mizuho set a $48.00 price objective on Exelon and gave the company a “neutral” rating in a research note on Friday, April 17th. KeyCorp cut their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Royal Bank Of Canada decreased their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. Finally, Truist Financial lowered their price target on shares of Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 29th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $50.27.

Exelon Price Performance

Shares of NASDAQ EXC opened at $46.21 on Monday. The business has a 50-day moving average of $46.20 and a two-hundred day moving average of $45.98. The company has a market capitalization of $47.28 billion, a price-to-earnings ratio of 16.93, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.18 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

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

Exelon Dividend Announcement

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 paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio is currently 61.54%.

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.