Zurcher Kantonalbank Zurich Cantonalbank Acquires 301,539 Shares of Exelon Corporation $EXC

Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Exelon Corporation (NASDAQ:EXC) by 38.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,088,701 shares of the company’s stock after acquiring an additional 301,539 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Exelon were worth $47,456,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of EXC. Optima Capital LLC acquired a new position in shares of Exelon during the 4th quarter worth approximately $25,000. LRI Investments LLC raised its position in shares of Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after buying an additional 392 shares in the last quarter. Beacon Financial Strategies CORP bought a new stake in shares of Exelon in the fourth quarter valued at approximately $26,000. Root Financial Partners LLC bought a new stake in shares of Exelon in the third quarter valued at approximately $30,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in Exelon during the third quarter worth approximately $32,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on EXC. Citigroup initiated coverage on Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price for the company. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. KeyCorp raised their target price on shares of Exelon from $39.00 to $44.00 and gave the company an “underweight” rating in a report on Wednesday, March 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a research report on Friday. Finally, Scotiabank upped their price target on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Five analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Exelon presently has a consensus rating of “Hold” and a consensus price target of $50.25.

Exelon Price Performance

Exelon stock opened at $46.40 on Tuesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. Exelon Corporation has a 52 week low of $41.71 and a 52 week high of $50.65. The stock has a market capitalization of $47.48 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 2.73 and a beta of 0.41. The stock has a fifty day moving average of $48.38 and a 200-day moving average of $46.30.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts expect that Exelon Corporation will post 2.86 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. Shareholders of record on Monday, March 2nd were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is currently 61.54%.

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.