Inceptionr LLC Purchases Shares of 27,074 Exelon Corporation $EXC

Inceptionr LLC purchased a new stake in Exelon Corporation (NASDAQ:EXCFree Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 27,074 shares of the company’s stock, valued at approximately $1,180,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EXC. Capital International Investors acquired a new stake in shares of Exelon during the 4th quarter worth $738,333,000. Norges Bank acquired a new stake in shares of Exelon during the 4th quarter worth $617,974,000. Capital World Investors increased its holdings in shares of Exelon by 807.4% during the 4th quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock worth $440,284,000 after buying an additional 8,987,453 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Exelon by 32.9% during the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after buying an additional 5,554,494 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd increased its holdings in shares of Exelon by 134,604.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after buying an additional 3,554,891 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Up 0.6%

Shares of NASDAQ EXC opened at $45.61 on Thursday. Exelon Corporation has a 12-month low of $42.18 and a 12-month high of $50.65. The company has a market cap of $46.67 billion, a P/E ratio of 16.71, a P/E/G ratio of 2.63 and a beta of 0.31. 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 fifty day moving average price of $46.32 and a 200 day moving average price of $45.98.

Exelon (NASDAQ:EXCGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same period in the prior year, the firm earned $0.92 EPS. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on EXC shares. UBS Group upped their price objective on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. KeyCorp lowered their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and lowered their price target for the company from $55.00 to $50.00 in a report on Monday, April 20th. Finally, Morgan Stanley lowered their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and a consensus price target of $50.27.

Read Our Latest Analysis 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.

See Also

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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