KBC Group NV Buys 25,024 Shares of Exelon Corporation $EXC

KBC Group NV increased its stake in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 15.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,864 shares of the company’s stock after acquiring an additional 25,024 shares during the quarter. KBC Group NV’s holdings in Exelon were worth $8,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH grew its position in Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after acquiring an additional 2,841,118 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Exelon by 3.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after acquiring an additional 28,443 shares during the last quarter. First Citizens Bank & Trust Co. bought a new position in Exelon during the 3rd quarter worth approximately $10,875,000. Nordea Investment Management AB grew its position in Exelon by 14.6% during the 4th quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock worth $352,397,000 after acquiring an additional 1,024,106 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its position in Exelon by 92.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock worth $2,418,000 after acquiring an additional 25,863 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on EXC shares. Scotiabank increased their price objective on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Mizuho set a $48.00 price objective on Exelon and gave the stock a “neutral” rating in a report on Friday. Morgan Stanley reiterated an “underperform” rating and issued a $51.00 price objective on shares of Exelon in a report on Wednesday, January 21st. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Jefferies Financial Group dropped their price objective on Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $51.00.

Get Our Latest Report on EXC

Exelon Trading Down 1.2%

EXC opened at $47.02 on Friday. The stock has a market cap of $48.11 billion, a PE ratio of 17.22, a PEG ratio of 2.76 and a beta of 0.41. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The business has a 50 day moving average of $48.33 and a 200-day moving average of $46.28. Exelon Corporation has a 52 week low of $41.71 and a 52 week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.The company’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts predict that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio (DPR) is 61.54%.

Key Headlines Impacting Exelon

Here are the key news stories impacting Exelon this week:

Exelon Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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