Maryland State Retirement & Pension System Purchases 16,694 Shares of Exelon Corporation $EXC

Maryland State Retirement & Pension System boosted its position in Exelon Corporation (NASDAQ:EXC) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,004,044 shares of the company’s stock after purchasing an additional 16,694 shares during the quarter. Exelon makes up 0.9% of Maryland State Retirement & Pension System’s portfolio, making the stock its 21st biggest position. Maryland State Retirement & Pension System’s holdings in Exelon were worth $43,766,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Exelon by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after purchasing an additional 595,555 shares in the last quarter. State Street Corp raised its holdings in Exelon by 4.0% in the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock worth $2,904,101,000 after purchasing an additional 2,550,786 shares in the last quarter. Lazard Asset Management LLC raised its holdings in Exelon by 32.9% in the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after purchasing an additional 5,554,494 shares in the last quarter. Deutsche Bank AG raised its holdings in Exelon by 2.9% in the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after purchasing an additional 595,655 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Exelon by 2.2% in the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after purchasing an additional 393,917 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EXC shares. UBS Group increased their target price on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. increased their target price on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Royal Bank Of Canada cut their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Truist Financial cut their target price on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Finally, Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $50.27.

Exelon Trading Up 0.9%

Exelon stock opened at $46.59 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a one year low of $42.18 and a one year high of $50.65. The stock has a market capitalization of $47.67 billion, a PE ratio of 17.07, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31. The business’s fifty day moving average is $46.08 and its 200 day moving average is $45.98.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

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.