TD Waterhouse Canada Inc. Grows Stock Position in Exelon Corporation $EXC

TD Waterhouse Canada Inc. boosted its holdings in Exelon Corporation (NASDAQ:EXC) by 41.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 82,272 shares of the company’s stock after acquiring an additional 24,126 shares during the period. TD Waterhouse Canada Inc.’s holdings in Exelon were worth $3,807,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Motiv8 Investments LLC purchased a new stake in Exelon in the fourth quarter valued at $25,000. Leonteq Securities AG acquired a new stake in shares of Exelon during the 4th quarter worth about $26,000. Bell Investment Advisors Inc increased its position in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares during the last quarter. SHP Wealth Management purchased a new stake in Exelon in the 4th quarter valued at about $26,000. Finally, Eastern Bank acquired a new position in Exelon in the second quarter valued at about $26,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EXC. KeyCorp lowered their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Morgan Stanley decreased their price objective on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Truist Financial lowered their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. TD Cowen dropped their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Finally, Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Four 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. According to MarketBeat.com, Exelon has an average rating of “Hold” and a consensus price target of $50.07.

Exelon Stock Performance

NASDAQ EXC opened at $43.64 on Tuesday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The firm has a market cap of $45.05 billion, a price-to-earnings ratio of 15.99, a PEG ratio of 2.39 and a beta of 0.30. The firm has a 50 day simple moving average of $45.73 and a 200-day simple moving average of $46.58. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65.

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

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

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.