Kepler Cheuvreux Suisse SA Buys New Position in Exelon Corporation $EXC

Kepler Cheuvreux Suisse SA purchased a new position in shares of Exelon Corporation (NASDAQ:EXC) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 105,885 shares of the company’s stock, valued at approximately $5,190,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caxton Associates LLP purchased a new position in shares of Exelon in the first quarter valued at $286,000. Woodline Partners LP grew its holdings in Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Jump Financial LLC purchased a new stake in Exelon during the 2nd quarter worth $2,448,000. Gamco Investors INC. ET AL purchased a new stake in Exelon during the 2nd quarter worth $645,000. Finally, Treasurer of the State of North Carolina lifted its holdings in Exelon by 3.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after buying an additional 14,240 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $47.88 on Friday. Exelon Corporation has a 12 month low of $42.47 and a 12 month high of $50.65. The business has a fifty day simple moving average of $45.76 and a 200-day simple moving average of $46.17. The company has a market cap 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. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping 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 business had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same period last year, the firm posted $0.92 earnings per share. 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. Sell-side analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wells Fargo & Company set a $50.00 price target on Exelon in a report on Tuesday, April 21st. Truist Financial dropped their price objective on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. KeyCorp dropped their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price target on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Finally, BMO Capital Markets restated a “market perform” rating and set a $49.00 price objective (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 given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $50.27.

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.