BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Grows Stock Holdings in Exelon Corporation $EXC

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Exelon Corporation (NASDAQ:EXC) by 0.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 192,164 shares of the company’s stock after buying an additional 565 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Exelon were worth $8,853,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Exelon by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,343,943 shares of the company’s stock valued at $125,866,000 after acquiring an additional 34,219 shares in the last quarter. MML Investors Services LLC raised its stake in Exelon by 14.2% during the 4th quarter. MML Investors Services LLC now owns 81,310 shares of the company’s stock valued at $3,061,000 after purchasing an additional 10,087 shares during the period. Stifel Financial Corp lifted its holdings in Exelon by 2.4% in the 4th quarter. Stifel Financial Corp now owns 123,023 shares of the company’s stock worth $4,631,000 after purchasing an additional 2,854 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its stake in Exelon by 66.2% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 99,311 shares of the company’s stock worth $3,738,000 after purchasing an additional 39,556 shares during the period. Finally, Coldstream Capital Management Inc. boosted its stake in Exelon by 16.7% in the 4th quarter. Coldstream Capital Management Inc. now owns 18,446 shares of the company’s stock worth $694,000 after purchasing an additional 2,644 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Exelon stock opened at $44.96 on Monday. Exelon Corporation has a 52-week low of $35.94 and a 52-week high of $48.11. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 1.66. The firm’s fifty day moving average is $43.77 and its 200 day moving average is $44.14. The company has a market cap of $45.41 billion, a price-to-earnings ratio of 17.10, a PEG ratio of 2.64 and a beta of 0.38.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The business had revenue of $5.43 billion during the quarter, compared to analysts’ expectations of $5.47 billion. During the same period last year, the company posted $0.47 EPS. The business’s revenue was up 1.2% on a year-over-year basis. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Sell-side analysts forecast that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, August 11th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Monday, August 11th. Exelon’s payout ratio is presently 60.84%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. KeyCorp reduced their price objective on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 16th. UBS Group reiterated a “neutral” rating and issued a $48.00 price target (up from $47.00) on shares of Exelon in a report on Friday, July 11th. BMO Capital Markets boosted their price target on shares of Exelon from $46.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, April 28th. Evercore ISI increased their price objective on shares of Exelon from $48.00 to $51.00 and gave the company an “in-line” rating in a report on Friday, May 2nd. Finally, Guggenheim lifted their target price on Exelon from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Exelon has a consensus rating of “Hold” and a consensus price target of $47.20.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.