SVB Wealth LLC Purchases 35,426 Shares of Exelon Corporation $EXC

SVB Wealth LLC grew its position in shares of Exelon Corporation (NASDAQ:EXC) by 220.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,486 shares of the company’s stock after purchasing an additional 35,426 shares during the period. SVB Wealth LLC’s holdings in Exelon were worth $2,244,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd lifted its stake in Exelon by 58.5% during the fourth quarter. Swiss Life Asset Management Ltd now owns 369,296 shares of the company’s stock worth $16,098,000 after purchasing an additional 136,347 shares during the last quarter. Drive Wealth Management LLC lifted its stake in Exelon by 5.2% during the fourth quarter. Drive Wealth Management LLC now owns 4,944 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the last quarter. Pure Financial Advisors LLC lifted its stake in Exelon by 24.7% during the fourth quarter. Pure Financial Advisors LLC now owns 5,638 shares of the company’s stock worth $246,000 after purchasing an additional 1,116 shares during the last quarter. NewEdge Wealth LLC bought a new stake in Exelon during the fourth quarter worth about $1,040,000. Finally, Denali Advisors LLC lifted its stake in Exelon by 63.3% during the fourth quarter. Denali Advisors LLC now owns 8,000 shares of the company’s stock worth $349,000 after purchasing an additional 3,100 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 0.6%

NASDAQ EXC opened at $44.19 on Tuesday. Exelon Corporation has a 1-year low of $41.71 and a 1-year high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The stock has a 50-day moving average of $47.94 and a 200-day moving average of $46.19. The firm has a market cap of $45.22 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 2.54 and a beta of 0.32.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share 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 company had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same quarter in the previous year, the company posted $0.92 EPS. Exelon’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. As a group, sell-side analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s payout ratio is 61.54%.

Wall Street Analysts Forecast Growth

EXC has been the subject of several research analyst reports. Royal Bank Of Canada dropped their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. JPMorgan Chase & Co. lifted their price target on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Truist Financial initiated coverage on Exelon in a research note on Monday, April 20th. They set a “hold” rating and a $50.00 price target for the company. KeyCorp dropped their price target on Exelon from $44.00 to $43.00 and set an “underweight” rating for the company in a research note on Tuesday, April 21st. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Exelon has a consensus rating of “Hold” and a consensus price target of $50.47.

Exelon 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.