Exelon Corporation $EXC Stake Boosted by QRG Capital Management Inc.

QRG Capital Management Inc. boosted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 13.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 313,370 shares of the company’s stock after buying an additional 37,731 shares during the period. QRG Capital Management Inc.’s holdings in Exelon were worth $15,361,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. HB Wealth Management LLC boosted its holdings in shares of Exelon by 11.7% in the first quarter. HB Wealth Management LLC now owns 41,866 shares of the company’s stock worth $2,052,000 after buying an additional 4,370 shares during the period. Plimoth Trust Co. LLC increased its position in shares of Exelon by 2.6% in the first quarter. Plimoth Trust Co. LLC now owns 13,395 shares of the company’s stock worth $657,000 after acquiring an additional 340 shares in the last quarter. PFG Investments LLC raised its holdings in shares of Exelon by 1.6% during the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after acquiring an additional 218 shares during the period. BIP Wealth LLC acquired a new stake in shares of Exelon during the first quarter valued at approximately $263,000. Finally, 4WEALTH Advisors Inc. acquired a new stake in shares of Exelon during the first quarter valued at approximately $207,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

Shares of EXC opened at $47.88 on Friday. The company has a market capitalization of $48.99 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 2.77 and a beta of 0.31. Exelon Corporation has a fifty-two week low of $42.47 and a fifty-two week high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The business’s 50-day moving average is $45.76 and its 200-day moving average is $46.17.

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

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on EXC. Mizuho set a $48.00 price objective on shares of Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Wells Fargo & Company set a $50.00 price objective on shares of Exelon in a research report on Tuesday, April 21st. TD Cowen cut their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Finally, KeyCorp decreased their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $50.27.

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.