109,531 Shares in Exelon Corporation $EXC Purchased by Johnson Financial Group Inc.

Johnson Financial Group Inc. purchased a new position in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 109,531 shares of the company’s stock, valued at approximately $5,106,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Exelon in the 2nd quarter valued at about $5,583,709,000. Capital International Investors bought a new stake in Exelon during the 4th quarter valued at $738,333,000. Norges Bank bought a new stake in Exelon during the fourth quarter valued at about $617,974,000. Bank of New York Mellon Corp bought a new stake in shares of Exelon in the 2nd quarter valued at about $580,842,000. Finally, Deutsche Bank AG acquired a new stake in Exelon in the second quarter valued at approximately $567,510,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Performance

NASDAQ EXC opened at $45.30 on Thursday. 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 stock’s 50 day simple moving average is $46.31 and its 200-day simple moving average is $46.70. The company has a market cap of $46.76 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 2.74 and a beta of 0.31. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS 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 firm had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the previous year, the firm posted $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, equities research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon’s payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. KeyCorp lowered their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Truist Financial lowered their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. TD Cowen lowered their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Finally, Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $50.20.

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.