Ontario Teachers Pension Plan Board Invests $179.62 Million in Exelon Corporation $EXC

Ontario Teachers Pension Plan Board bought a new position in Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,852,951 shares of the company’s stock, valued at approximately $179,625,000. Exelon makes up 1.1% of Ontario Teachers Pension Plan Board’s portfolio, making the stock its 13th largest holding. Ontario Teachers Pension Plan Board owned about 0.37% of Exelon as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EXC. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Exelon in the 2nd quarter worth about $161,000. Energy Income Partners LLC purchased a new position in shares of Exelon during the 2nd quarter valued at about $8,716,000. Meeder Advisory Services Inc. purchased a new position in shares of Exelon during the 2nd quarter valued at about $1,129,000. Tiemann Investment Advisors LLC bought a new stake in Exelon in the 2nd quarter worth approximately $279,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in Exelon in the second quarter worth approximately $1,168,000. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on EXC. Truist Financial decreased their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. TD Cowen decreased their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. KeyCorp cut their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Wells Fargo & Company set a $50.00 price objective on Exelon in a research note on Tuesday, April 21st. Finally, Morgan Stanley decreased their price objective on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Four equities research 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $50.20.

Exelon Price Performance

EXC opened at $45.31 on Wednesday. The firm has a market cap of $46.77 billion, a PE ratio of 16.60, a P/E/G ratio of 2.77 and a beta of 0.31. The stock has a 50-day moving average price of $46.32 and a 200-day moving average price of $46.70. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99.

Exelon (NASDAQ:EXC) last released its quarterly earnings data 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 firm had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon’s payout ratio is presently 61.54%.

About Exelon

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.