Exelon Corporation $EXC Holdings Raised by Sterling Capital Management LLC

Sterling Capital Management LLC boosted its position in shares of Exelon Corporation (NASDAQ:EXC) by 170.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,638 shares of the company’s stock after purchasing an additional 52,723 shares during the period. Sterling Capital Management LLC’s holdings in Exelon were worth $3,379,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of EXC. BlackRock Inc. acquired a new position in Exelon in the 2nd quarter valued at about $5,583,709,000. Lazard Asset Management LLC increased its holdings in shares of Exelon by 6.4% during the 1st quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock worth $1,206,887,000 after buying an additional 1,490,251 shares during the last quarter. GQG Partners LLC acquired a new stake in shares of Exelon during the 2nd quarter worth approximately $922,917,000. Legal & General Group Plc purchased a new stake in shares of Exelon during the 2nd quarter valued at approximately $602,760,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Exelon during the 2nd quarter valued at approximately $580,842,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Performance

Shares of EXC stock opened at $44.43 on Monday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The firm has a market cap of $45.86 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of 2.43 and a beta of 0.30. The company has a 50-day moving average of $42.83 and a two-hundred day moving average of $45.01. Exelon Corporation has a 1-year low of $39.73 and a 1-year high of $50.65.

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

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, September 4th were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Key Stories Impacting Exelon

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Zacks said Exelon has two key factors supporting a likely earnings beat in its upcoming report, potentially improving investor sentiment ahead of results. Exelon Expected to Beat Earnings Estimates
• Neutral Sentiment: Exelon is projected to report earnings on Friday, keeping the upcoming results as the next major catalyst for the stock. Exelon Projected to Announce Earnings
• Neutral Sentiment: HSBC initiated coverage with a hold rating and a $44.00 price target, implying little expected movement from current levels. HSBC Sets a Price Target for Exelon
• Neutral Sentiment: Morgan Stanley also assigned Exelon a hold rating, reinforcing the lack of a strong bullish or bearish consensus. Exelon Receives a Hold from Morgan Stanley
• Negative Sentiment: BMO Capital Markets lowered its price target from $47 to $45 and maintained a market perform rating. The reduced target signals more limited appreciation potential and adds pressure to the shares. BMO Lowers Exelon Price Target

Analyst Ratings Changes

A number of research analysts recently commented on the company. Argus decreased their price objective on Exelon from $52.00 to $49.00 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Morgan Stanley cut their target price on Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a research report on Tuesday, October 6th. Truist Financial reduced their target price on Exelon from $48.00 to $46.00 and set a “hold” rating on the stock in a research report on Friday, October 16th. Finally, BMO Capital Markets decreased their price target on Exelon from $47.00 to $45.00 and set a “market perform” rating on the stock in a research note on Thursday. Six 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, the company presently has an average rating of “Hold” and an average target price of $48.58.

About Exelon

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.