Capital World Investors Increases Stake in Exelon Corporation $EXC

Capital World Investors lifted its stake in Exelon Corporation (NASDAQ:EXC) by 807.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,100,575 shares of the company’s stock after purchasing an additional 8,987,453 shares during the quarter. Capital World Investors’ holdings in Exelon were worth $440,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of EXC. Optima Capital LLC purchased a new position in shares of Exelon in the 4th quarter valued at approximately $25,000. Beacon Financial Strategies CORP purchased a new position in shares of Exelon in the 4th quarter valued at approximately $26,000. Leonteq Securities AG purchased a new position in shares of Exelon in the 4th quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after purchasing an additional 578 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its position in shares of Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock valued at $36,000 after purchasing an additional 732 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EXC. Wells Fargo & Company set a $50.00 price objective on shares of Exelon in a research report on Tuesday, April 21st. Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Royal Bank Of Canada reduced their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Monday, April 20th. UBS Group raised their price target on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, KeyCorp reduced their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $50.27.

Exelon Price Performance

NASDAQ:EXC opened at $45.75 on Monday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The firm has a market cap of $46.81 billion, a price-to-earnings ratio of 16.76, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a 50 day moving average price of $46.52 and a 200-day moving average price of $45.99. Exelon Corporation has a 1-year low of $42.11 and a 1-year high of $50.65.

Exelon (NASDAQ:EXC) last posted its earnings results 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 during 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 business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

Exelon Company 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.