Exelon Corporation $EXC Holdings Raised by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lifted its stake in Exelon Corporation (NASDAQ:EXC) by 35.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 319,407 shares of the company’s stock after purchasing an additional 84,397 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Exelon were worth $15,657,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Nordea Investment Management AB lifted its position in shares of Exelon by 14.6% in the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock valued at $352,397,000 after acquiring an additional 1,024,106 shares in the last quarter. ASR Vermogensbeheer N.V. boosted its stake in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after purchasing an additional 60,250 shares during the period. B. Metzler seel. Sohn & Co. AG grew its position in Exelon by 26.9% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after purchasing an additional 45,723 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Exelon by 19.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after purchasing an additional 93,682 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Exelon by 18.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock valued at $25,339,000 after purchasing an additional 89,822 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 2.3%

Shares of NASDAQ EXC opened at $46.79 on Friday. The business has a 50 day simple moving average of $45.87 and a 200 day simple moving average of $46.38. Exelon Corporation has a 52 week low of $42.58 and a 52 week high of $50.65. The stock has a market cap of $47.88 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 2.65 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The firm had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date was Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio is 61.54%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Mizuho set a $48.00 target price on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $50.00 to $49.00 in a report on Friday, April 17th. TD Cowen reduced their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Truist Financial raised their price objective on Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $50.33.

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.