Grantham Mayo Van Otterloo & Co. LLC Sells 214,899 Shares of Exelon Corporation $EXC

Grantham Mayo Van Otterloo & Co. LLC reduced its position in shares of Exelon Corporation (NASDAQ:EXC) by 46.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 246,508 shares of the company’s stock after selling 214,899 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Exelon were worth $11,095,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in EXC. Caxton Associates LLP acquired a new position in Exelon in the 1st quarter valued at $286,000. Woodline Partners LP lifted its holdings in shares of Exelon by 40.7% during the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Exelon during the second quarter worth $61,000. Savant Capital LLC boosted its position in shares of Exelon by 24.5% in the second quarter. Savant Capital LLC now owns 47,681 shares of the company’s stock valued at $2,070,000 after acquiring an additional 9,374 shares during the period. Finally, Summit Investment Advisors Inc. grew its stake in shares of Exelon by 2.2% in the first quarter. Summit Investment Advisors Inc. now owns 42,662 shares of the company’s stock valued at $1,966,000 after acquiring an additional 901 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Down 0.4%

EXC opened at $49.15 on Tuesday. The company has a market cap of $50.28 billion, a P/E ratio of 18.00, a PEG ratio of 2.88 and a beta of 0.45. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The company’s 50 day moving average is $45.67 and its 200-day moving average is $45.30. Exelon Corporation has a 1-year low of $41.71 and a 1-year high of $49.88.

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

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be given a dividend of $0.42 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. This is an increase from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on EXC shares. BMO Capital Markets raised their price target on shares of Exelon from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Morgan Stanley reissued an “underperform” rating and issued a $51.00 price objective on shares of Exelon in a report on Wednesday, January 21st. KeyCorp raised their target price on shares of Exelon from $39.00 to $44.00 and gave the stock an “underweight” rating in a report on Wednesday, March 4th. UBS Group lifted their price target on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Scotiabank boosted their price target on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research note on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $50.50.

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.