267,381 Shares in Exelon Corporation $EXC Acquired by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC purchased a new position in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 267,381 shares of the company’s stock, valued at approximately $12,465,000. Exelon comprises 0.9% of Van Hulzen Asset Management LLC’s holdings, making the stock its 29th biggest holding.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Exelon by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock valued at $5,715,457,000 after purchasing an additional 595,555 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Exelon during the second quarter valued at approximately $5,583,709,000. State Street Corp lifted its position in shares of Exelon by 4.0% in the 4th quarter. State Street Corp now owns 66,623,103 shares of the company’s stock valued at $2,904,101,000 after acquiring an additional 2,550,786 shares in the last quarter. Lazard Asset Management LLC boosted its stake in Exelon by 6.4% in the 1st quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock worth $1,206,887,000 after purchasing an additional 1,490,251 shares during the period. Finally, Deutsche Bank AG grew its position in Exelon by 2.9% during the 4th quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after purchasing an additional 595,655 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.3%

NASDAQ:EXC opened at $44.34 on Tuesday. The stock’s 50 day moving average price is $46.22 and its 200 day moving average price is $46.71. Exelon Corporation has a 52 week low of $42.58 and a 52 week high of $50.65. The company has a market capitalization of $45.77 billion, a P/E ratio of 16.24, a P/E/G ratio of 2.65 and a beta of 0.31. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09.

Exelon (NASDAQ:EXC) last posted its earnings results 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). The business had revenue of $5.97 billion during 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% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts forecast that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 of this dividend is Friday, September 4th. Exelon’s payout ratio is presently 61.54%.

Analysts Set New Price Targets

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

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.