Exelon Corporation $EXC is RWC Asset Management LLP’s 3rd Largest Position

RWC Asset Management LLP lowered its stake in Exelon Corporation (NASDAQ:EXC) by 8.3% in the 4th quarter, HoldingsChannel reports. The fund owned 1,803,760 shares of the company’s stock after selling 162,560 shares during the period. Exelon accounts for approximately 3.9% of RWC Asset Management LLP’s holdings, making the stock its 3rd largest holding. RWC Asset Management LLP’s holdings in Exelon were worth $78,626,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Syon Capital LLC boosted its position in shares of Exelon by 27.1% during the fourth quarter. Syon Capital LLC now owns 17,903 shares of the company’s stock valued at $780,000 after buying an additional 3,813 shares during the period. ING Groep NV boosted its position in shares of Exelon by 7.2% during the fourth quarter. ING Groep NV now owns 169,414 shares of the company’s stock valued at $7,385,000 after buying an additional 11,377 shares during the period. Capital World Investors boosted its position in shares of Exelon by 807.4% during the fourth quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock valued at $440,284,000 after buying an additional 8,987,453 shares during the period. Capital Research Global Investors boosted its position in shares of Exelon by 0.6% during the fourth quarter. Capital Research Global Investors now owns 3,288,892 shares of the company’s stock valued at $143,363,000 after buying an additional 20,553 shares during the period. Finally, Capital International Inc. CA boosted its position in shares of Exelon by 1,414.6% during the fourth quarter. Capital International Inc. CA now owns 405,916 shares of the company’s stock valued at $17,694,000 after buying an additional 379,116 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

EXC has been the subject of several recent analyst reports. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $50.00 to $49.00 in a research report on Friday, April 17th. TD Cowen dropped their target price on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Citigroup initiated coverage on Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price for the company. Morgan Stanley decreased their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Finally, KeyCorp decreased their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.27.

Exelon Stock Performance

Exelon stock opened at $45.75 on Monday. The company has a 50 day moving average price of $46.52 and a 200-day moving average price of $45.99. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a fifty-two week low of $42.11 and a fifty-two week high of $50.65. The company has a market capitalization of $46.81 billion, a PE ratio of 16.76, a P/E/G ratio of 2.65 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter in the previous year, the firm posted $0.92 earnings per share. The company’s revenue 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, equities analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s payout ratio is currently 61.54%.

About Exelon

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.