Landscape Capital Management L.L.C. Acquires New Holdings in Exelon Corporation $EXC

Landscape Capital Management L.L.C. bought a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 63,414 shares of the company’s stock, valued at approximately $2,956,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EXC. ASR Vermogensbeheer N.V. raised its holdings in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after buying an additional 60,250 shares during the last quarter. B. Metzler seel. Sohn & Co. AG boosted its position in Exelon by 26.9% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after buying an additional 45,723 shares during the period. Assenagon Asset Management S.A. grew its holdings in Exelon by 133.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 505,564 shares of the company’s stock worth $23,569,000 after acquiring an additional 289,436 shares during the last quarter. Ethic Inc. grew its holdings in Exelon by 7.6% during the 4th quarter. Ethic Inc. now owns 334,268 shares of the company’s stock worth $14,571,000 after acquiring an additional 23,567 shares during the last quarter. Finally, Triasima Portfolio Management inc. acquired a new position in Exelon in the 4th quarter valued at approximately $2,021,000. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

EXC has been the topic of a number of recent research reports. KeyCorp cut their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Morgan Stanley decreased their price objective on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday. Truist Financial cut their target price on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, TD Cowen decreased their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $50.07.

Exelon Stock Performance

Shares of Exelon stock opened at $43.78 on Friday. The business has a 50-day moving average price of $46.25 and a two-hundred day moving average price of $46.68. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $45.19 billion, a P/E ratio of 16.04, a PEG ratio of 2.73 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s payout ratio is 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.