OMERS ADMINISTRATION Corp Invests $2.80 Million in Exelon Corporation $EXC

OMERS ADMINISTRATION Corp purchased a new stake in Exelon Corporation (NASDAQ:EXC) in the second quarter, Holdings Channel reports. The firm purchased 60,102 shares of the company’s stock, valued at approximately $2,802,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Motiv8 Investments LLC purchased a new stake in Exelon in the fourth quarter valued at about $25,000. Leonteq Securities AG acquired a new stake in shares of Exelon in the fourth quarter worth $26,000. Bell Investment Advisors Inc raised its stake in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after buying an additional 287 shares during the last quarter. SHP Wealth Management acquired a new position in shares of Exelon in the 4th quarter valued at $26,000. Finally, Eastern Bank purchased a new position in Exelon during the second quarter worth approximately $26,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Down 0.1%

EXC stock opened at $44.31 on Wednesday. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a market cap of $45.74 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31. The company has a fifty day moving average price of $46.17 and a 200 day moving average price of $46.71. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter last year, the business earned $0.39 earnings per share. The business’s quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on EXC shares. KeyCorp cut their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. TD Cowen decreased their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Morgan Stanley dropped their target price on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Finally, Truist Financial cut their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $50.07.

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.