North Dakota State Investment Board Acquires New Shares in Exelon Corporation $EXC

North Dakota State Investment Board acquired a new stake in shares of Exelon Corporation (NASDAQ:EXCFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 34,666 shares of the company’s stock, valued at approximately $1,511,000.

Several other institutional investors also recently bought and sold shares of EXC. Caxton Associates LLP bought a new position in Exelon during the first quarter valued at about $286,000. Woodline Partners LP increased its stake in shares of Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares during the period. Jump Financial LLC acquired a new position in Exelon in the 2nd quarter valued at approximately $2,448,000. Gamco Investors INC. ET AL acquired a new position in Exelon in the 2nd quarter valued at approximately $645,000. Finally, Treasurer of the State of North Carolina raised its holdings in Exelon by 3.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after acquiring an additional 14,240 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on EXC shares. Truist Financial started coverage on Exelon in a research note on Monday, April 20th. They issued a “hold” rating and a $50.00 price target on the stock. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Mizuho set a $48.00 price objective on Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. TD Cowen cut their price target on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Finally, Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and cut their price target for the company from $55.00 to $50.00 in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $50.33.

Check Out Our Latest Stock Analysis on EXC

Exelon Price Performance

Shares of NASDAQ EXC opened at $44.62 on Wednesday. The stock has a market capitalization of $45.66 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 2.55 and a beta of 0.32. The business has a 50-day moving average of $47.35 and a 200-day moving average of $46.04. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a fifty-two week low of $42.11 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last announced its quarterly earnings data 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 company had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

About Exelon

(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.

See Also

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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