Exelon Corporation $EXC Stake Raised by Nordea Investment Management AB

Nordea Investment Management AB lifted its holdings in Exelon Corporation (NASDAQ:EXC) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,024,249 shares of the company’s stock after purchasing an additional 80,081 shares during the period. Nordea Investment Management AB’s holdings in Exelon were worth $312,544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EXC. Caxton Associates LLP acquired a new position in Exelon in the first quarter worth approximately $286,000. Woodline Partners LP boosted its stake in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after acquiring an additional 24,580 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Exelon by 0.6% in the 1st quarter. Focus Partners Wealth now owns 39,831 shares of the company’s stock worth $1,836,000 after acquiring an additional 234 shares during the last quarter. Intech Investment Management LLC raised its position in shares of Exelon by 24.6% during the first quarter. Intech Investment Management LLC now owns 44,576 shares of the company’s stock worth $2,054,000 after purchasing an additional 8,809 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Exelon by 14.9% during the first quarter. Geneos Wealth Management Inc. now owns 4,570 shares of the company’s stock valued at $211,000 after purchasing an additional 593 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $42.90 on Tuesday. The company has a market capitalization of $43.34 billion, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 2.54 and a beta of 0.46. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a one year low of $37.13 and a one year high of $48.51. The business’s 50-day moving average price is $44.64 and its two-hundred day moving average price is $44.67.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts anticipate that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio (DPR) is currently 57.35%.

Analyst Ratings Changes

Several research firms have issued reports on EXC. BTIG Research assumed coverage on Exelon in a report on Tuesday, October 21st. They set a “neutral” rating on the stock. Wells Fargo & Company raised shares of Exelon to a “strong-buy” rating in a research report on Tuesday, October 28th. Evercore ISI started coverage on shares of Exelon in a research report on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Exelon in a research report on Friday, October 31st. Finally, KeyCorp set a $39.00 target price on shares of Exelon in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $49.85.

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.