Nykredit A S Buys New Stake in Exelon Corporation $EXC

Nykredit A S bought a new stake in Exelon Corporation (NASDAQ:EXCFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 310,517 shares of the company’s stock, valued at approximately $14,476,000.

A number of other large investors have also made changes to their positions in EXC. Motiv8 Investments LLC acquired a new position in Exelon during the 4th quarter valued at about $25,000. Leonteq Securities AG acquired a new stake in Exelon in the fourth quarter worth about $26,000. Bell Investment Advisors Inc grew its stake in shares of Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after acquiring an additional 287 shares during the last quarter. SHP Wealth Management purchased a new stake in shares of Exelon during the fourth quarter worth about $26,000. Finally, Eastern Bank acquired a new position in shares of Exelon during the second quarter valued at about $26,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Price Performance

Shares of EXC opened at $43.64 on Friday. The business’s 50-day moving average is $45.80 and its two-hundred day moving average is $46.63. The company has a market capitalization of $45.05 billion, a P/E ratio of 15.99, a P/E/G ratio of 2.43 and a beta of 0.30. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period last year, the firm earned $0.39 EPS. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analyst Ratings Changes

Several brokerages recently commented on EXC. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Truist Financial decreased their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. TD Cowen dropped their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. KeyCorp dropped their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Finally, Morgan Stanley cut their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $50.07.

View Our Latest Research Report on Exelon

About Exelon

(Free Report)

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.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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